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Drill dominion: First ever CfDs awarded for geothermal energy

Envirotec Magazine

GEL’s flagship site at United Downs is the first geothermal project in the UK, forecast to deliver electricity by 2025. GEL is targeting 25 MWe of baseload electricity and 100 MWh of heat energy across its geothermal portfolio by 2028, enough heat and power for 70,000 homes.

Energy 147
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GEL awarded the first-ever Contracts for Difference for geothermal

ThinkGeoEnergy

GEL’s flagship site at United Downs is the first geothermal project in the UK, forecast to deliver electricity by 2025. GEL is targeting 25 MWe of baseload electricity and 100 MWh of heat energy across its geothermal portfolio by 2028, enough heat and power for 70,000 homes.

Law 98
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Cornwall set to host Europe's first geothermal lithium pilot plant

Business Green

We believe that Cornwall has the potential to become the "battery metals hub" for the UK, thus continuing a 4000 year history of metal production and industrial innovation.". from 1,200 investors to drive forward its search for lithium that would supply UK industry with the mineral for electric vehicle and battery manufacturing.

Lithium 101
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Unlocking Geothermal Energy: Overcoming the Obstacles

EDF + Business

Karine Kleinhaus and Andrew Howell, CFA Oil and gas companies, federal agencies, and ambitious start-ups are coming together around innovation in geothermal energy that could give it a foundational role in the emerging clean power grid. Department of Energy estimates that EGS could help propel geothermal from its 0.4%

Energy 57
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US DOE announces $60M funding for three EGS projects

ThinkGeoEnergy

Department of Energy (DOE) has announced the selection of three projects that will receive up to $60 million to demonstrate the efficacy and scalability of enhanced geothermal systems (EGS). grid by 2050 – enough to power the equivalent of more than 65 million homes – as well as support heating and cooling solutions nationwide.

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Renewable power plants need better planning and design

Renewable Energy World

Op-ed submitted by Jared Green 33% of all electricity generation worldwide is from renewable sources. Over the past decade, $3 trillion has been invested in clean power worldwide. The world will need thousands of new solar, wind, and geothermal power plants. If we are going to keep warming below 1.5 degrees Celsius (2.7

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Global Briefing: Australia passes landmark climate legislation

Business Green

US Department of Energy launches new geothermal power 'Earthshot'. Granholm this week announced a new Department of Energy (DOE) goal to make enhanced geothermal systems (EGS) a widespread renewable energy option in the US by cutting its cost by 90 per cent to $45 per megawatt hour by 2035. US Energy Secretary Jennifer M.