RE: Geothermal24 Jul 2021 10:32
1/7/21
In a release shared this morning, UK-based geothermal developer Geothermal Engineering Ltd (GEL), the company behind UK’s first deep geothermal electricity power plant, announced that it will be rolling out four new deep geothermal power plants in Cornwall. In addition, GEL’s proof of concept power plant on the United Downs Industrial Estate in Cornwall is now producing the UK’s first geothermal steam using 175C water extracted a record-breaking 5.1 kilometers underground. The company is signed power and heat agreements in January of this year.
Heads of Terms have now been signed on the four new geothermal sites planned for Cornwall, each anticipated to deliver 5 MWe (Mega Watt electrical) of power, 24/7 to the National Grid and 20 MW of heat energy for the local area. The electricity produced from all four power stations will be enough to power 45,000 homes. Each plant will each take around 18 months to complete, with all four sites anticipated to be up and running by 2026.
GEL and Thrive Renewable’s pioneering geothermal plant at United Downs is now producing geothermal steam at 175C which will be converted to deliver approximately 3 MWe of power to the National Grid and is on track to deliver its first electricity during 2022. The Cornwall Geothermal Distillery Company is in the approval processes to utilise 2.5MW of the hot water the plant is expected to produce. Up to 10MW of heat is also expected to be used in a large housing development planned at Langarth.
Ryan Law, Managing Director of Geothermal Engineering Ltd said: “This is an incredibly exciting time for deep geothermal energy in the UK as we transition from oil and gas and tap into this huge renewable power resource. We have proved the technology works at United Downs, we have progressive funding in place, and we now have four additional sites, which our experienced team is ready to start work on. Over the next 20 years, our target is to produce in excess of 500 MW of power from geothermal resources making this one of the most significant and reliable baseload power sources in the UK.”
Matthew Clayton, Managing Director of Thrive Renewables plc said: “As the UK produces increasing amounts of variable renewable energy like wind and solar power, this form of baseload power production plays an essential role in stabilising and securing our power supply. We are delighted to have backed geothermal in the UK at an early stage at United Downs and firmly believe that geothermal energy will form a valuable part of the UK’s future energy mix.”
Cornwall Council cabinet portfolio holder for the economy Stephen Rushworth said: “We are excited to support this emerging industry as it continues to take shape in Cornwall, and to realise the benefits it will deliver for the residents of Cornwall. Unlike almost any other form of energy production, geothermal heat energy must be used close to its source.