Skip to main content

UK’s first integrated geothermal power and heat project secures £15m in funding

The United Downs project near Redruth, Cornwall is set to make history as the UK’s first integrated deep geothermal power and heat project. This week, Geothermal Engineering, the team behind the project, announced securing £15m in funding to bring their vision to life.

(image source:cornwal)

The funding, which includes £12m from Kerogen Capital and £3m from Thrive Renewables, will go towards developing the United Downs project, with the goal of providing up to 10MWh of heat and 2MW of electricity by next year. The heat generated will be used to power a nearby social housing estate currently under development.


But that's not all - Geothermal Engineering has big plans for the future. With the funding, the team will also prepare other sites for geothermal power development, with the aim of generating 25MW of electricity and 100MWh of renewable heat per year by 2028.


“We believe geothermal in the UK has enormous potential to create a new industry, grow a domestic supply chain and drive employment,” said Kerogen Capital’s co-founder and chief executive Jason Cheng. “In addition, geothermal can provide security and independence from imported energy, while playing a significant role in decarbonising heat and power.”


The potential for geothermal energy in the UK is vast, and this innovative project is just the beginning. With the right investments and support, geothermal energy could revolutionize the way we power our homes and businesses, creating a more sustainable and self-sufficient future.

(source:edie.net)

Comments

Post a Comment

Hot Topics

Next-Generation Geothermal: Technologies, Simplified Policy, Financing, and Value Chain

Geothermal energy is poised to play a transformative role in the global shift toward renewable energy and sustainable development .  By:  Robert Buluma As the world races to meet ambitious decarbonization targets, the untapped heat beneath our feet offers a reliable, baseload power source that can complement intermittent wind and solar generation. However, unlocking this potential at scale requires not only cutting-edge geothermal future technologies but also streamlined policy frameworks , innovative financing models , and a reimagined geothermal value chain that reduces costs and accelerates deployment. This article explores the next generation of geothermal innovations technologies that are still on the drawing board alongside strategies to simplify regulations, attract capital, and integrate the value chain into fewer, disruptive steps. Throughout, we’ll highlight key aspects  such as enhanced geothermal systems, closed‑loop geothermal, AI-driven exploration, poli...
Post a Comment
Read more

Innargi Secures First Geothermal Exploration License in Germany

A New Dawn for Renewable Energy in Kiel Transforming Kiel into a Geothermal Powerhouse By: Robert Buluma In a monumental move that marks a pivotal shift in Germany’s renewable energy trajectory, Innargi has secured its first geothermal exploration license in the country. The State Office for Mining, Energy and Geology (LBEG) has granted this exploration license, covering approximately 280 square kilometers in Kiel and its surrounding areas. This bold step not only expands Innargi’s footprint beyond Denmark and Poland but also positions Kiel as a future hotspot for geothermal energy production in Northern Europe. Who is Innargi? A Geothermal Powerhouse in the Making Founded with the mission to unlock deep geothermal energy across Europe, Innargi has rapidly established itself as a frontrunner in geothermal development . The company’s expertise spans large-scale district heating projects in Denmark , exploration initiatives in Poland , and now, an ambitious geothermal future ...
Post a Comment
Read more

Panasonic Energy Taps into Geothermal Power to Double Renewable Energy Use and Cut CO₂ Emissions in Japan"

In an inspiring move that underscores its commitment to a carbon-neutral future, Panasonic Energy Co., Ltd.  has announced the introduction of geothermal energy through an off-site corporate Power Purchase Agreement (PPA) in Japan.  By:  Robert Buluma This strategic step, launched on April 1, 2025 , is expected to deliver approximately 50 GWh of geothermal electricity annually , reducing CO₂ emissions by an estimated 22,000 tons per year . This groundbreaking agreement was made possible through Panasonic Operational Excellence Co., Ltd. and executed in partnership with Kyuden Mirai Energy Co., Inc. , a leading provider of renewable energy solutions in Japan. Unlocking the Power Beneath: Why Geothermal? Unlike solar or wind, geothermal energy offers stable, weather-independent output . That makes it a crucial piece of the puzzle in achieving round-the-clock clean energy supply. Panasonic’s choice to tap into geothermal reflects a deeper strategy to diversify its renew...
Post a Comment
Read more

Revolutionizing Renewable Energy: Texas Paves the Way for Closed-Loop Geothermal Innovation

Pioneering the Future of Geothermal Energy: Texas Leads the Way with Closed-Loop Systems By: Robert Buluma Vallourec's closed loop concept North of Houston, a transformative geothermal initiative is reshaping the energy sector. NOV, a key player in drilling and completions technology, has successfully completed an 11,500-foot closed-loop geothermal test well, marking a significant step forward in renewable energy development. This project highlights the growing potential of closed-loop geothermal (CLG) systems to redefine energy production. Ejen it comes to Geothermal,Innovation and Technology is key and we have seen alot of new findings lately. Unlocking New Possibilities in Geothermal Energy Unlike conventional geothermal systems that rely on naturally occurring underground water sources, CLG technology operates using a sealed system. A specialized heat transfer fluid circulates through a continuous loop, absorbing heat from deep underground rock formations and transporting it to...
Post a Comment
Read more

Turboden Adds 28.9 Mwe In Phillipines

Pioneering Renewable Energy: The Inauguration of a 28.9 MWe Binary Geothermal Plant in the Philippines By:  Teflon Don Image Credit: Turboden on Linkedin  Alphaxioms is a Total Nominee for this Years Startupper Challenge and Your Vote will make a Difference,Please Vote Brescia, Italy, July 16, 2024 — In a significant leap forward for sustainable energy, Turboden S.p.A., a Mitsubishi Heavy Industries (MHI) Group Company, proudly announced the successful operational launch of a groundbreaking 28.9 MWe geothermal power plant at the Energy Development Corporation’s (EDC) Palayan Bayan expansion project. This innovative plant, nestled within the Bacon-Manito geothermal facility on Luzon Island, is poised to reshape the landscape of renewable energy in the Philippines. The Palayan binary power plant marks a notable expansion of the existing 140-MW Bacon-Manito (BacMan) facility. Using cutting-edge Organic Rankine Cycle (ORC) technology, Turboden has harnessed waste heat from the 120...
Post a Comment
Read more

PPC Renewables Announces Geophysical Assessment Tender In Tetra, Lesvos Greece

Unveiling the Hidden Mysteries:  PPC Renewables Calls for Tender in Petra, Lesvos Island By: Robert Buluma In the heart of the Aegean Sea lies an island of unparalleled beauty and historical significance – Lesvos. But beneath its serene surface lies a mystery waiting to be unraveled, and  PPC Renewables is taking the lead in uncovering it. Picture this: Land Geophysical Surveys, delving deep into the secrets of Petra, Lesvos Island, Greece. It's not just any ordinary survey; it's a journey into the unknown, a quest for knowledge hidden beneath the earth's surface. Referring to the intriguing Call for Tenders (ref/title: PR110000001319) dated 12th April 2024,  PPC Renewables beckons the daring and the curious to join them in this adventure. The scope of the contract? Nothing short of extraordinary – 2D Seismic Reflection, Gravity & Magnetic Surveys with precise positioning, coupled with integrated Geological-Tectonic-Geophysical analysis of all available data. But w...
Post a Comment
Read more

Google and Baseload Capital Forge Groundbreaking Geothermal Partnership in Taiwan

A Major Leap for Clean Energy and the Digital Economy By: Robert Buluma In a bold and inspiring move, Google has partnered with Baseload Capital Sweden AB , a renowned global geothermal energy developer, to reshape the future of sustainable energy in Asia. This historic agreement, announced on April 15, 2025 , marks the first-ever corporate power purchase agreement (CPPA) for geothermal energy in Taiwan  a monumental step toward 24/7 carbon-free energy for the tech industry. As digital infrastructure expands rapidly across the globe, fueled by artificial intelligence and hyperscale data centers, the demand for reliable and clean energy has never been more urgent. This partnership not only fulfills that demand but sets a compelling precedent for how tech giants can lead the transition toward sustainable innovation. Why This Deal Matters: Clean, Firm Power for a Greener Future At its core, this partnership between Baseload Capital and Google isn't just about energy it's about e...
Post a Comment
Read more

Sanko Energi Announces Record-Breaking Discovery: Turkey’s Hottest Geothermal Production Well at 308°C

In a major breakthrough for renewable energy in Turkey, Sanko Energi has announced the successful discovery of what is now being hailed as Turkey’s hottest geothermal production well reaching an astonishing 308 degrees Celsius.  By:  Robert Buluma This record-setting temperature not only underlines the immense potential of Turkey’s geothermal resources but also marks a pivotal moment in the nation’s sustainable energy journey. A New Chapter in Turkey’s Geothermal Revolution Turkey has long been recognized as a geothermal powerhouse, thanks to its unique geological structure and abundant geothermal reservoirs. The discovery of a production well reaching 308°C by Sanko Energi pushes the limits of what was previously thought possible and signals a promising future for the country’s renewable energy sector. Key Highlights of the Discovery: Unprecedented Temperature: At 308°C, this well sets a new record for geothermal production in Turkey. Enhanced Production Potential: ...
Post a Comment
Read more

"A $100 Million Journey to Revolutionize Energy: Australia and Germany Join Forces to Unleash the Potential of Renewable Hydrogen"

© shutterstock/Audio und werbung Australia and Germany have joined forces in a quest to revolutionize renewable hydrogen production through a $100 million funding initiative known as the German-Australian Hydrogen Innovation and Technology Incubator (HyGATE). This partnership, aimed at accelerating research and development in the field, will finance four joint projects, including the world's first solar methanol plant and a 10 MW hydrogen electrolyzer that will tap into Australia's first major solar thermal project in South Australia's Port Augusta. Two of the projects, the EGH2 and the Atco ScaleH2 initiatives, represent the final stage of what could become massive gigawatt-scale green hydrogen projects in Queensland and New South Wales, respectively. The EGH2 project, a collaboration between Edify Energy and Siemens Energy, will be deployed in Townsville, Queensland, and will employ a 17.5 MW Siemens Energy electrolyzer and 21 MW solar PV to produce renewable hydrogen. Th...
Post a Comment
Read more

"Harnessing Earth’s Fiery Core: Supercritical Geothermal’s Power Unleashed"

The Future of Geothermal Energy: Unlocking the Potential of Supercritical Geothermal Resources By:  Robert Buluma In the deep underbelly of the Earth, where the heat is nearly unbearable, lies a force so powerful it could reshape our energy landscape forever. This is the story of supercritical geothermal resources—a frontier so ambitious, so untapped, that it promises not just to meet, but to exceed, our wildest dreams for sustainable energy. The Hidden Power Beneath Our Feet Imagine drilling into the Earth's crust, past boiling reservoirs and molten rock, into a realm where temperatures and pressures reach a critical point, transforming water into a supercritical fluid. Neither liquid nor gas, this supercritical fluid holds the potential to produce ten times more energy than conventional geothermal sources. It’s a resource that could power cities, industries, and entire nations with clean, renewable energy. But this isn't just a tale of boundless potential—it's a journey f...
Post a Comment
Read more