Oradea Municipality Invests Four Million Euro in Geothermal Energy (The Diplomat Bucharest)
In early November, Oradea municipality in the north-west of Romania, announced that it had signed a geothermal energy recovery project in order to produce heat, a project worth over four million Euro (17.6 million lei).
The project is secured from funds of the Government of Norway with 85 per cent of the total amount through the financing mechanism of the 2009 - 2014 European Economic Area, and the remaining 15 per cent coming from the Environment Fund Administration.
"The systems that we have designed are mixed systems, and when the geothermal reservoir water cannot provide the entire winter heating, the district heating comes to support it," said Elijah Bolojan, Mayor of Oradea, quoted by Ziarul Financiar. "Showcasing the geothermal reservoir is conditioned by the arranging of the re-injection wells."
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