This morning, Icelandic engineering group Efla reports that it has signed an agreement with Turkish energy group Zorlu Enerji. The agreement includes Icelandic firm RARIK Energy Development (RED).
The agreement is about development of a geothermal project of 100-150 MW at Nemrut Mountain in the east of Turkey.
Zorlu Enerji is a powerful energy company with significant operations in Turkey, owning and operating the largest geothermal power plant of Turkey which recently was expanded to 95 MW.
The past few years RARIK Turkison Enerji (RTE), a joint venture of EFLA and RED, has worked on geothermal exploration in the geothermal regions of Turkey that have confirmed the potential for geothermal power generation at Mount Nemrut, as well as the possibility of the development of a geothermal heating plant.
With the participation of Zorlu Enerji in the project, further research and development activities can proceed on site.
The parties have established Memrut Jeotermal Elektrik, jointly owned by RTE and Zorlu, which will now carry out further research in the area and start drilling activities necessary for geothermal power generation capacity of up to 100-150 MW, as well as the development of district heating.
The local community has high expectations in the project and the expertise provided by the Icelandic companies involved. Nemrut Jeotermal plans to proceed with power generation projects and potential district heating development in the region.
The activities in Turkey involve the export of Icelandic know-how and experience to Turkey. EFLA and RARIK will be providing consulting services under the agreement and the participation of Zorlu Enerji strengthens the role of these Icelandic companies for further work in this important growth market for the geothermal energy industry.
The chart below shows Friðgeirsson Cuff , Director of RED with Veysel Yurdakul Bitlis province governor and Bahadir Erdogan already applied for production of Nemrut region in April 2013.
The upper image shows the city of Tatvan Nemrut Mountain in the background.
Source: Efla company release (in Icelandic)