Wednesday, June 20, 2018

Denmark: A New Business Model to Deliver Geothermal Heat to Danish Homes

Geothermal energy has the potential to cover 30% of Denmark’s district heating supply (News Release)

Geothermal energy is a renewable and currently untapped energy source with the potential to cover approx. 30% of Denmark’s energy supply for district heating, equaling the heat consumption of 500,000 households. That is one of the promising claims from A.P. Moller Holding who is seeking to introduce geothermal energy on a large scale in Denmark.

There are currently three minor geothermal plants in Denmark, but A.P. Moller Holding presents a new business model which differs from the existing projects. A.P. Moller Holding is responsible for exploration, construction, and operation of the plants. Hence, the consumers will not end up paying the bill if things should not proceed as planned.

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