JAPEX to start feasibility study in Shibetsu, Hokkaido, Japan
Japan Petroleum Exploration Co. (JAPEX) is going to start a three year feasibility study for geothermal power generation in Shibetsu, Hokkaido in Japan.
Reported this morning, Japan Petroleum Exploration Co. (JAPEX) will start to conduct a three-year feasibility study for geothermal power generation in Hokkaido in June this year.
JAPEX is going to drill a well in an area near the Musadake volcano in Shibetsu. The goal is to study mainly underground temperature distribution and the resource availability.
If the location proves promising, JAPEX will build a 15 MW geothermal power plant there, which could be starting operations in or around 2023.
The company estimates the total costs for the feasibility study at about 2 billion yen ($21 million).
Source: Daily Yomiuri Online