Ásgeir Margeirsson, CEO at HS Orka Iceland Geothermal Conference 2018 - Breaking the Barriers 24 - 27 April, 2018, Harpa, Reykjavík

1. IDDP2
A better tomorrow
Ásgeir Margeirsson
CEO

3. IDDP Consortium was establish year 2000.
Current partners are:
Additional funds for coring:
Additional funding contribution for various EGS
research:
Consultants and Contractors:

4. Main goals
Drilling
Drill 4-5 km deep wells in
high temperature
geothermal fields
Supercritical conditions
To drill deep enough into the roots of a
conventional high temperature
hydrothermal system to produce fluid
at supercritical conditions
Surface
Bring surface as 400-600°C
superheated steam, at subcritical
pressures (<220 bar)
Feasibility
To find out if it is economically
feasible to extract energy out of
hydrothermal systems at
supercritical conditions

5. Enormous
challenges

7. Potential use
of the well

8. Game changer in the
geothermal industry

9. • Drilling completed at 4.650
meters at Reykjanes
2017
• Flow testing and chemical
sampling
• Specially designed surface
equipment to withstand
corrosion, erosion and
scaling
• Science and engineering
2018
• Pilot study for production
• Design based on
production tests and
chemistry of fluid
• EGS system – up or down?
• Science and engineering
2019
Next steps

10. IDDP 2 and the press

11. Can we afford not to try this or
let this opportunity remain unexplored?