A round-up of this week's international geothermal energy news.......
Click on the links below to view the whole story and other news on Global Geothermal News.
“Exploring Geothermal and Oil & Gas Synergies”
Join us for the Joint GRC-SPE Workshop
March 30 - April 1, 2020
San Diego, California, USA
The draft agenda, abstract submission, hotel reservations, and more, can be found on our new dedicated website at https://cement.mygeoenergynow.org/.
Canada: GRC Board Member Starts Up Geothermal Development Company - Geothermal Canada’s Treasurer, Dr. Jeffrey Witter (a GRC Board Member), has started a new geothermal development company with two business partners called Conte GeoEnergy.
Iceland: Hellisheiði Geothermal Power Plant Carbfix Operations Spun-Off from Parent Company - The Board of Directors of Reykjavík Energy (OR) has approved, subject to the confirmation of OR’s owners, to establish a public limited company (PLC) around CarbFix operations.
Belgium: Drilling Commences at Janssen Pharmaceutica Geothermal Project - With a target depth of over 2000m vertical, the first well (GT-02 Injection Well) will target the Dinantian Reservoir.
Greece: New National Energy Plan Mandates 100 MW of Geothermal Capacity by 2030 - The plan now requires renewables to supply 35% of Greece’s final energy consumption in 2030, up from 31% in the previous plan.
USA: Awards for Research in Subsurface Stress and Lost Circulation in Geothermal Drilling Announced - The selected projects will focus on two significant barriers: understanding the state of stress in the subsurface, and mitigating lost circulation events (LCEs) in drilling.
Tuesday, December 5
USA, Alaska: Company Formed to Develop Geothermal Resource on Aleutian Island - The Ounalashka Corporation and Fairbanks-based Chena Power, LLC have formed a company to develop a geothermal project at Makushin Volcano.
Republic of Ireland: Eire Aims for 70% Renewable Energy by 2030 - The plan currently will see four (possibly five) auctions held between 2020 and 2027 to deliver on the targets which will open bidding to a variety of technologies.
Wednesday, December 6
USA, Texas: New Geothermal Entrepreneurship Organization Launched at University of Texas at Austin to Help Advance Geothermal Energy Industry - With a $1 million grant from the U.S. Department of Energy, the Cockrell School of Engineering is launching a unique initiative that aims to make The University of Texas at Austin a national hub for geothermal energy expertise and startups.
New Zealand: "World's First Closed-Loop Fully Geothermal Brewery" - Former Contact Energy engineer Mike Blair, wife Llyween Pepper (the designer), and entrepreneur Chloe Walker have just secured the first round of angel investors for the Rogue Bore Brewery, a multi-million dollar geo-brewery among the steam fields at Wairakei, near Taupo.
China: Host Country for World Geothermal Congress in 2023 - The International Geothermal Association (IGA) is pleased to announce that China will be the host of the World Geothermal Congress 2023.
Thursday, December 7
Climate Change: More Companies Commit to Renewable Energy - 285 companies responsible for more than 752 million metric tons of CO2 equivalent emissions per year from their operations—more than the combined annual emissions of France and Spain—have set greenhouse gas emissions reduction targets in line with what science says is required to avert dangerous climate change and meet the goals of the Paris Agreement.
Netherlands: Trias Westland Launches Trading System for Geothermal Heat - With E-Web Geo, it becomes possible to optimize a geothermal heat source by trading geothermal heat between the connected parties. The heat can be exchanged with each other. In this way, the supply and demand can be aligned and prevented that too much heat disappears back into the source or that there is a shortage.
Friday, December 8
Republic of Ireland: Possible Geothermal Energy Reservoir Discovered in Dublin Suburbs - The deeper conductive layers are interpreted as geothermal-fluid-bearing rocks. Porosity and permeability estimations from the lithological borehole logs indicate the geothermal potential of the bedrock, to deliver warm water to the surface.
Iceland: Opportunity for North American Community to Exhibit at World Geothermal Congress - At the Exhibition at WGC in Iceland, 27th April to 1st May, 2020, we have an opportunity to present a North American vision for geothermal energy by demonstrating the diversity and excellence of our geothermal work force and research capabilities.
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