Alphaxioms Geothermal News and Related Research Globally

UK’s First National Centre Launched to Advance Geothermal Energy By: Robert Buluma The dawn of a new era in renewable energy is upon us as the UK proudly introduces its first  National Geothermal Center (NGC). Launched with the ambitious goal of harnessing the earth's natural heat to decarbonize the future energy mix, this pioneering initiative marks a significant leap forward in the nation’s journey toward sustainable energy. A Collaborative Effort Backed by substantial funding from Durham University , the Net Zero Technology Centre (NZTC), SHIFT Geothermal, and The Reece Foundation, the  NGC aims to be the driving force behind the UK’s geothermal sector. This collaborative effort seeks to stimulate and support groundbreaking research and innovation, while also shaping a robust policy, regulation, and investment framework to accelerate geothermal advancements. The Sleeping Giant Awakens Geothermal energy, often referred to as the "sleeping giant" of the renewable energ

Powering the Future: Star Energy Group Bold Move Towards Geothermal Energy By: Robert Buluma In a groundbreaking move towards sustainable energy, Star Energy Group (AIM: STAR) has just announced the closing of a new €25 million secured facility with Kommunalkredit Austria AG (Kommunalkredit). This financial boost marks a significant step in Star Energy's transition strategy, particularly focusing on geothermal energy while maintaining investments in conventional oil and gas businesses. Chris Hopkinson, the CEO of Star Energy expressed his excitement, stating, "Securing this facility is an important milestone for Star Energy. It allows us to use cashflows from our existing oil and gas business to optimize near-term conventional production and deliver our transition strategy; namely developing and monetizing our geothermal business in both the UK and Croatia." Evidently,Oil and gas companies have been going Geothermal and Today we've found a new neighbor What makes th

Exploring the Potential of Mine Water: A Sustainable Heating Solution In the heart of Wakefield, nestled within the remnants of the coal mining industry, lies a beacon of innovation – the National Coal Mining Museum. While it serves as a testament to the region's rich mining heritage, it is also paving the way for a sustainable future through an ingenious use of mine water. Recently, the museum has embarked on a groundbreaking project to harness the latent energy stored within flooded mine shafts. Director Shaun McLoughlin, a veteran of the mining industry, envisions a future where this abundant resource can be utilized to heat not only the museum itself but also nearby homes and even HMP New Hall. The concept is simple yet profound: tapping into the geothermal energy naturally present in mine water to provide heat and power. This approach not only offers a renewable alternative to traditional heating methods but also contributes to efforts to reduce carbon emissions. At the heart

Revolutionizing Energy Transition: Primeval Energy's Geothermal Solutions In the midst of a global  push towards sustainable energy sources, one company stands out as a beacon of innovation and progress: Primeval Energy. Led by a team of seasoned experts including Andy Wood, Lain Pittman, Phillip Boland, Howard Tolman, and Tania Zepeda Luna, Primeval Energy is at the forefront of advancing geothermal solutions to drive the energy transition forward. Unveiling the Power of Geothermal Energy Geothermal energy, often overlooked in favor of more conventional sources, holds immense potential as a clean, renewable, and reliable energy alternative. Primeval Energy recognizes this potential and is dedicated to unlocking the power of geothermal resources in a way that is both efficient and sustainable. A Versatile Team Leading the Charge With decades of combined experience in the energy sector, the team at Primeval Energy brings a wealth of expertise to the table. From geology and engineeri

**Title: Unveiling Cornwall's Geothermal Revolution: A Leap Towards Sustainable Energy** In the serene landscapes of Cornwall, a groundbreaking initiative is taking shape, poised to redefine the region's energy landscape. Construction has commenced on the United Kingdom's inaugural geothermal power plant, marking a momentous leap towards sustainable energy production. **Pioneering the Path to Renewable Energy** At the forefront of this ambitious endeavor is Geothermal Engineering Limited (GEL), spearheading efforts to harness the Earth's natural heat reservoirs. With construction activities in full swing at the United Downs site, anticipation is building for the commencement of renewable electricity generation by late 2024. **A Vision of Sustainability** The vision behind the United Downs facility extends far beyond mere power generation. By tapping into the inherent warmth of hot granite rocks through deep wells drilled and tested meticulously, the project promises to

  Announcing the Top 5 Most Innovative Geothermal Projects in 2024 The anticipation is building as the European Geothermal Energy Council (EGEC) reveals the finalists for the prestigious Ruggero Bertani European Geothermal Innovation Award 2024. These groundbreaking projects showcase the forefront of geothermal technology and will be vying for recognition at the GeoTHERM expo & congress, set to unfold between February 29 and March 1, 2024, in Offenburg, Germany. 1. Canopus Drilling Solutions Geothermal BV (Netherlands) Project: Field pilot of the Directional Steel Shot Drilling technology at VersuchsStollen Hagerbach, CH. Canopus Drilling Solutions introduces the Directional Steel Shot Drilling (DSSD) technology, proving its ability to drill three times faster than traditional methods. A successful field pilot at VersuchsStollen Hagerbach demonstrated the prowess of DSSD by steering through various rock types and depths, marking a significant leap in drilling efficiency. 2. Deutsch