Industry News

 View Only

Recent tender for geothermal licenses in Denmark sees increased interest by developers

By District Energy posted 05-02-2018 10:48

  

Alexander Richter, Thnk Geoenergy

Map of geothermal license areas, tender and bids (source: Danish Energy Agency)

Summary

Earlier this year on February 1, 2018, five license applications for exploration and production of  geothermal energy for district heating in the areas of Aalborg, Aarhus and Tønder in Denmark were filed.

As the map published by the Danish Energy Agency, a rather interesting situation has appeared, as interest was  bigger than anticipated.

There is competition in the Aalborg and Aarhus areas. Geothermal Operating Company (Geoop) as well as APMH Invest IV ApS, an A.P. Møller Holding A/S owned company, have applied for geothermal licenses in the same areas. Geoop is owned by E.ON, Iceland Drilling Company and Ross DK. APMH Invest IV ApS is an A.P. Møller Holding owned company. E.ON has recently sold their oil and gas business – just like Maersk Oil & Gas was sold to TOTAL.

The Danish Energy Agency has to assess the applications based on technical and financial capacity and on the work programmes offered in the applications. Recently, draft guidelines regarding technical capacity were distributed in a hearing process. The guidelines emphasize that knowledge of and expertise within geothermal energy and risk assessment and mitigation of the technical risks are key parameters when assessing technical capacity among applicants for geothermal licenses.

It is expected that the Danish Energy Agency will be ready with their recommendation to the Danish parliamentary committee on Energy and Climate around June 1, 2018.

Full Article

Continue Reading


#News
#Denmark
#NorthandCentralEurope
#Geothermal
#DistrictHeating
#RenewableEnergy
#PolicyandRegulation
#DanishEnergyAgency
0 comments
4 views

Permalink