News

UK geothermal group welcomes Geothermal Energy Challenge Fund for Scotland

UK geothermal group welcomes Geothermal Energy Challenge Fund for Scotland Edinburgh, Scotland, UK (source: flickr/ kyz, creative commons)
Francisco Rojas 11 Mar 2015

Fife Geothermal is a consortium group that was established in May, 2014, as a strategic, catalytic tool for developing the region's natural sources of geothermal energy

In a recent press release, Iain Todd, chairman of Fife Geothermal, said: “This is an extremely encouraging step forward for a sector that offers significant potential for helping Scotland to achieve its sustainable energy ambitions, but in which there has been little commercial development to date.

“Fife is already recognised as having significant geothermal resources – both in terms of its geology and using hot water from former mine workings. Fife Geothermal is keen to promote and develop the region as a major strategic area for demonstrator sites in these technologies. Development of such sites in Fife would not only be underpinned by considerable local geological and mining expertise (both academic and industrial), but could prove a commercial source of sustainable energy feeding into Fife Council’s plans for public heating schemes in the area.”

Fife Geothermal is a consortium group that was established in May, 2014, as a strategic, catalytic tool for developing the region’s natural sources of geothermal energy. The group comprises representatives from Fife Council, St Andrews University, the British Geological Survey, Scottish Enterprise, Green Business Fife and a number of industrial companies including Town Rock Energy, Cluff Geothermal and GT Energy.

Further organisations are expected to join the consortium as the project – and Fife’s potential in geothermal and heating schemes – continues to develop.

Source: Fife Geothermal via Altenergymag