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Presentation to the Dublin Chamber of Commerce's Green Economy Forum on Geothermal Energy by GT Energy

Presentation to the Dublin Chamber of Commerce's Green Economy Forum on Geothermal Energy by GT Energy

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    Deep Geothermal Energy Deep Geothermal Energy Presentation Transcript

    • DEEP GEOTHERMAL ENERGY
      Presentation to Dublin Chamber of Commerce
      14th April 2011
    • About GT Energy
      GT Energy brings together leading technology, engineering and construction service providers in the geothermal energy sector
      GT Energy is recognised as a leader in the development of deep geothermal energy projects in both Ireland and the UK.
    • ACHIEVEMENTS TO DATE
      Milestones
      Full planning permission received
      TPA with ESB International
      Drafted geothermal legislation in Ireland
    • CURRENT PROJECTS
      Pipeline of projects developed to include;
      35MWth
      3.5MWe
    • What is geothermal energy?
      Is a natural form of renewable energy
      Is energy generated from the decay of natural materials at the earths core
      Estimated temperature of the earths core is 6,000 C
      Harnessed for centuries throughout the world
      Remains largely untapped
      4,000
      times the earth’s energy needs could be met by geothermal energy
    • How is geothermal energy harnessed?
      Drilling
      • A geothermal well doublet system drilled to a depths of up to 5,000 metres
      Extraction
      • Hot geothermal fluids are pumped to the surface through a production well;
      Heat Exchange
      • The heat is extracted through a heat exchanger and transferred to a working fluid
      • The cooled geothermal fluid from the heat exchanger is returned to the geothermal reservoir through a re-injection well
      Distribution
      • Electricity, to a grid
      • Heat
      4
      4
      3
      1
      2
    • What can it be used for?
      Provision of heat to district heating schemes
      Generation of electricity
      Heat supply to large horticulture growers
      Heat supply to large Universities, Hospitals
      District cooling
      Cooling for large data centres
      Geothermal Energy
    • Low visual impact, ideal for urban locations
      THE BENEFITS
      Low visual impact makes it ideal for urban locations
      It is not dependent on climatic conditions such as wind and solar
      It is an indigenous supply of sustainable energy that enables governments to overcome security of supply risk
      It is not subject to fuel price volatility
      Has minimum visual impact on the surrounds
      Assists governments achieve energy and emission targets
      It is a proven technology unlike many other renewable technologies
    • GEOTHERMAL ENERGY AROUND EUROPE
      Iceland
      421MWe
      1900MWth
      Germany
      7MWe
      180MWth
      400 MWe
      projects on-going in the EU
      France
      15MWe
      310MWth
      Austria
      1MWe
      50MWth
      Portugal
      23MWe
      30MWth
      Turkey
      38MWe
      1,177MWth
      Italy
      811MWe
      500MWth
    • GEOTHERMAL ENERGY DEVELOPMENT GERMANY
      Initial development framework put in place in 2001
      Industry kick started in earnest in 2009 after revision of development framework
      €4bn
      projects under development currently
    • PullachimIsartal
      Drilling rig on site 24/7
      Commenced 2004
      Two boreholes 3,500m
      Temp. >1000C
      Creation of 550 jobs
      Reduction of CO2 16,000t p.a
      Security of energy supply
      Underground energy centre
    • IRELAND
      2004 SLR funded by SEI undertook a resource assessment of Ireland
      Identified the Blackrock to Newcastle fault line
    • NEWCASTLE, Co. DUBLIN
      • Drilling commenced 2007
      • Part funded by Sustainable Energy Ireland
      • Water with temperatures of 46.2°C at 1400 m
      • Planning permission granted Dec 2010
      • Additional funding received from SEAI to continue exploration in 2011
    • NEWCASTLE, CO. DUBLIN
      Newcastle site drawing
      Newcastle site elevation plans
    • Legislation
      REFIT
      WHAT IS REQUIRED IN IRELAND
      Indigenous industry
      Energy Security
      Job Creation
    • THE FUTURE
      Geothermal plants in every town in Ireland
    • CONTACT DETAILS
      GT Energy
      Unit H, Grants Road
      Greenogue Business Park
      Rathcoole, Co. Dublin
      Company Registration No. 441667
      Tel: +353 (0)1 401 1020
      Fax: +353 (0)1 401 1760
      Email: info@gtenergy.net
      Website: www.gtenergy.net