This 2024 annual report for Phase 3B Year 2 at Utah FORGE provides an in-depth account of activities and advancements made at the site. Key achievements include drilling and stimulating the production well 16B(78)-32, creating a geothermal reservoir, and achieving commercial-scale production rates. The report documents innovations in drilling, such as improved rates of penetration, the deployment of fiber optic cables for real-time monitoring, and the successful testing of advanced drilling technologies. It details significant infrastructure enhancements, including the construction of lined lakes for water storage and the installation of fiber optic networks for seismic data acquisition. Research and development projects involved multiple academic and industry partners, advancing tools for Enhanced Geothermal Systems (EGS). Extensive environmental, seismic, and flow monitoring supported reservoir characterization and informed stimulation strategies. Public outreach efforts, along with the addition of 277 GB of technical data to the Geothermal Data Repository, highlight Utah FORGE's commitment to transparency and collaboration within the geothermal energy community.