Carbon Geothermal power Investment Law 
Business Green
JANUARY 5, 2021
Major milestone for emerging renewable energy sector as developers of UK's first geothermal power plant agree to sell 3MW of baseload power to green energy supplier. Geothermal Engineering founder and managing director Dr Ryan Law said geothermal energy could bring industry, investment, and jobs to Cornwall.
Envirotec Magazine
SEPTEMBER 8, 2023
. “Geothermal can provide zero carbon, 24/7 electricity and heat, thereby bypassing intermittency issues faced by technologies such as wind and solar.” As an investor in geothermal in the UK, we recognise the contribution this can make to the development of a low-carbon, home-grown and reliable energy source.
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ThinkGeoEnergy
SEPTEMBER 8, 2023
This is a hugely significant milestone in our push to extend the boundaries of what’s possible with geothermal power and heat. Securing these CfDs will also provide the necessary financial foundation to allow more substantial investment in the multiple projects that we have planned in the UK.
ThinkGeoEnergy
NOVEMBER 16, 2023
Geothermal Engineering Limited (GEL) has announced plans of producing around 10o tonnes of Lithium Carbon Equivalent (LCE) per year from the company’s geothermal projects in Cornwall, UK. “There is a great deal of interest in direct lithium extraction from geothermal resources.
Business Green
MARCH 7, 2023
The company revealed this morning it has secured £12m from private equity firm Kerogen Capital and £3m from clean energy investor Thrive Renewables PLC that should allow it to complete work on its flagship United Downs geothermal facility near Redruth.
EDF + Business
OCTOBER 18, 2023
Successful deployment of several commercial-scale projects will be needed to de-risk EGS and ready it for private sector investment. Enhanced geothermal Clean hydrogen Production tax credit direct pay option No Yes Bipartisan Infrastructure Law $84 million for demonstrations of power production and direct use. Recent U.S.
Business Green
JULY 19, 2022
Ruling on a case brought by Friends of the Earth, ClientEarth, and the Good Law Project, Mr Justice Holgate agreed the strategy lacked sufficient explanation or quantification as to how the decarbonisation plans set out in the Net Zero Strategy published last autumn would achieve emissions targets for the 2030s and beyond.
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