Geothermal Engineering Ltd. wins $1 million government grant in the UK
Drilling rig on site in St. Gallen, Switzerland (source: Webcam Project website, Aug. 7, 2013)
Alexander Richter
13 Nov 2013
Geothermal Engineering Ltd. has been awarded a $1 million grant by the Department of Energy and Climate Change (DECC) in the UK to work on new methods of deep geothermal heat extraction.
In a release today, UK based Geothermal Engineering Ltd. announces it “has been awarded a Grant of eight hundred thousand pounds (~ $1m) from the Department of Energy and Climate Change (UK) to work on new methods of deep geothermal heat extraction. The grant will enable the company to design and trial the new system early in 2014.
Dr Ryan Law, Managing Director of Geothermal Engineering Ltd said that, “We are pleased that DECC saw the potential in the system we are proposing and very much look forward to completing a successful field trial early in 2014. We are already in discussions with a number of parties that are interested in deploying this new type of heat system and hope that this will be a game changer for the UK deep geothermal heat industry.”
Source: Company release
