Geothermal district heating project to start in Belgium
Daldrup who is in charge of the drilling operations has formed joint venture for the project with the Belgian company Smet Boring NV to make up to 5 wells.
A new geothermal heating project for a large office complex in Belgium is on the way. Tiefe Geothermie informs that due to country-specific conditions, Daldrup in charge of the drilling has formed joint venture for the project with the Belgian company Smet Boring NV.
The first drilling down to 3,500 meters is to be completed by the end of November according to the same source. Depending on its success, a second hole is to be created to a depth of 4,200 meters. Subsequently, if the client decides to push forward, three more holes can be done. The first hole is a joint venture, were Daldrup owns up to 96%, and worth around EUR 6.5 million. A second hole would increase cost to EUR 12.5 million. The contract value of all five potential wells is around 31 million euros, according to a press release of Daldrup & Söhne AG.
Source: Tiefe Geothermie