Deep Geothermal Review Study Released (U.K. Department of Energy & Climate Change)
Deep geothermal energy production in the UK has potential to generate utility level returns for investors but not without significant risk and uncertainty. .
There are no deep geothermal power plants in the UK, despite government grant awards and eligibility for the Renewables Obligation. The
Department of Energy and Climate Change (DECC) therefore commissioned
Atkins to draw together all the evidence to explore the sector’s potential. The
study report (PDF) is the output of this work.
It is concluded in this study that deep geothermal energy production in the UK has potential to generate utility level returns for investors but not without significant risk and uncertainty.
Read More.....