GeoT exhibits at GeoTHERM 2021

GeoT is pleased to announce that the company will exhibit again at this year’s GeoTHERM expo & congress, the biggest geothermal energy event in Europe. The event will take place on 24 and 25 June 2021 in digital form. You will find us in the virtual Ortenauhalle: After entering the hall with your avatar, immediately turn right and keep following the right side of the hall. You will reach our booth within a few seconds. We would be pleased to welcome you there!

Please find more information about the congress on the event website.

CROWDTHERMAL’s WP3 Successfully Concluded

CROWDTHERMAL is a project funded under the European Union’s Research and Innovation programme Horizon 2020 (grant agreement no. 857830) which aims to empower the European public to directly participate in the development of geothermal projects with the help of alternative financing schemes such as crowdfunding and social engagement tools. Project kick-off was in September 2019.

In February 2021, GeoT-led Work Package 3 was successfully completed with the project deliverable D3.4 Draft Structure of a Play Type Independent Geothermal Exploration Risk Mitigation Scheme submitted to the European Commission. The report presents the conceptual framework for a European geothermal exploration risk mitigation scheme that can complement and facilitate alternative financing solutions in the geothermal market. The proposed support framework includes a grant-based, co-financing component in the form of match-funding and a risk-sharing component in the form of loan guarantees mitigating both short- and long-term subsurface risks of deep geothermal projects. Once implemented, it can be an effective way to assist the geothermal sector and to contribute to an accelerated market development in Europe.

You’ll find more information on CROWDTHERMAL in the project newsletter, on the project website and on Twitter.

Release of communal code of practice “Ein neuer Weg zu effizienten Wärmenetzen mit Niedertemperaturwärmeströmen”

GeoThermal Engineering GmbH is part of the consortium of the project “Kommunaler Klimaschutz durch Verbesserung der Effizienz in der Fernwärmeversorgung mittels Nutzung von Niedertemperaturwärmequellen am Beispiel tiefengeothermischer Ressourcen” which was commissioned by the German Federal Environmental Agency (UBA). Within this project, the communal code of practice “Ein neuer Weg zu effizienten Wärmenetzen mit Niedertemperaturwärmeströmen” was created. It has now been made available via download by the UBA HERE. The final report of the project (including an English abstract) is also now available, HERE.

Talk on Play-Type Concept by Philipp Wolpert at EAGE Workshop

Philipp Wolpert will give a talk on the “Play-Type Concept and its Benefits for the Assessment of Geothermal Resources in the EARS” (East African Rift System) at the first EAGE Workshop on Geothermal and Hydro Power in Africa. This talk will be held (remotely) at 04:10 pm (CET) on the 7th of December 2020. Registration for the workshop is still open until the 6th of December (Registration Link). We’re looking forward to seeing you there!

Release of research project S4CE deliverable

Within the scope of the research project S4CE (‘Science 4 Clean Energy’) the deliverable “Validation of the fluid migration models”, written by GeoT and project partner Q-con, has been published:

Deliverable 7.2

The report comprises the works and results of different approaches for fluid flow models within the United Downs Deep Geothermal Power (UDDGP) and other deep geothermal projects. It focuses on prognoses of induced seismicity and on the calibration of hydraulic models using seismic data.

S4CE is part of the European research programme Horizon 2020. The project aims to develop innovative technologies which help detecting, quantifying and mitigating the risks connected with geo-energy operations in the subsurface, including geothermal energy, enhanced gas recovery, carbon sequestration and unconventional operations.

Talk from Dr. Kreuter about lithium in thermal water of the Upper Rhinegraben at the German Geothermal Congress 2020

The German Geothermal Congress 2020, organized by the German Geothermal Association, will take place digitally from 9th to 13th of November. On Thursday the 12th of November, 2:30 pm, Dr. Horst Kreuter will give a talk in Forum 8 on the topic of “lithium in thermal water of the Upper Rhinegraben: Origin and exploitation potential”. Stop by and join the discussion! More info on the German Geothermal Congress 2020 and details on its schedule can be found here.

CROWDTHERMAL Press Release

A new press release from the research project CROWDTHERMAL is available HERE.

GeoThermal Engineering GmbH is part of the CROWDTHERMAL consortium, working on financial risk mitigation tools in geothermal projects.

CROWDTHERMAL is funded under the European Union’s Research and Innovation programme Horizon 2020 (grant agreement no. 857830).

Crowdfunding for Geothermal Projects

CROWDTHERMAL is a project funded under the European Union’s Research and Innovation programme Horizon 2020 (grant agreement no. 857830) which aims to empower the European public to directly participate in the development of geothermal projects with the help of alternative financing schemes such as crowdfunding and social engagement tools. Project kick-off was in September 2019.

GeoT’s first project deliverables are accessible via the following links:

D3.1 Cluster Analysis Report: Unaddressed Issues in Exploration Risk Mitigation
D3.2 Alternative Finance Risk Inventory
D3.3 Alternative Finance Risks’ Mitigation Tools

You’ll find more information on CROWDTHERMAL on the project website and on Twitter.