CoolingEU Sector Profiles: Geothermal Sector: Geothermal technologies can contribute to the challenge of decarbonising cooling for a variety of demand profiles, in terms of temperature, capacity, and timing. They can be used in buildings for the residential and non-residential sector, as well as in the services and industrial sector. Geothermal use in agriculture: The agricultural sector is a heavy energy consumer and greenhouse gas emitter...
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World’s first magma-EGS system created in Iceland In 2009, a borehole drilled at Krafla, northeast Iceland, as part of the Icelandic Deep Drilling Project (IDDP), unexpectedly penetrated into magma (molten rock) at only 2100 meters depth, with a temperature of 900-1000 C. The borehole, IDDP-1, was the first in a series of wells being drilled by the IDDP in Iceland in the search for high-temperature...
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A new study commissioned by the Energy Department’s Geothermal Technologies Office (GTO) highlights the vast potential for enhanced geothermal systems (EGS) to provide clean, reliable, and sustainable energy to millions of American homes and businesses. JASON – an independent advisory group of world-class scientists that has historically consulted with the federal government on science and technology– conducted a comprehensive analysis of opportunities for widespread development and deployment of EGS...
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The European Commission published a draft decision awarding NER300 funds to the Geothermal South Hungarian Enhanced Geothermal System (EGS) Demonstration Project. The Hungarian project is one of the 23 innovative renewable energy technology projects funded according to the outcome of the first call for proposals under the NER300 programme. The funds were raised from the sale of 200 million allowances from the new entrants’ reserve (NER) of the EU Emissions...
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