Tuesday, October 16, 2012

United Kingdom:

U.K. Minister Considers Grant to Help Build Deep Geothermal Electricity Plant

Climate Change Minister Greg Barker will consider providing a multi-million pound capital grant to help build the U.K.'s first deep geothermal electricity plant in a move that could potentially stimulate further private investment in the fledgling industry.

Barker yesterday attended the UK Deep Geothermal Symposium in London, where industry players discussed ways of encouraging the use of the renewable energy technology.