Think GeoEnergy
Summary
Funded under the European Union’s Horizon 2020 research and innovation programme, the European GeoDrill project aims to develop “holistic” drilling technologies that have the potential to drastically reduce the cost of drilling to large depths (5km or more) and at high temperatures (250 degrees C or more).
The project was kicked off in 2019 and has made some significant advancements in development of innovative materials and coatings with potential to prolong lifetime of drilling components, sensors and prototypes of the novel mud hammer.
There are 12 partners part of the project from companies across Europe in Spain, Italy, France, Germany, the UK, Norway and Iceland.
In an article Icelandic company Iceland Drilling (in Icelandic called “Jardboranir”) talks about the project and the company.
With global growth in population, increasing energy demands and environmental demands for energy transition from fossil fuels to renewable resources, geothermal energy will become a more important source of base heat and electricity generation than in the past. Heating of houses around the world is generally created with fossil fuels whether by gas, oil, wood, coal or electricity produced by fossil fuels.
Iceland recognized this problem many decades ago and the country changed its ways as the supply of fossil fuels made for very high energy cost and of course the visible thick smog. In 1945, Jardboranir was formed to explore the potential of the natural resource and use this hot water and steam for heating and later production of electricity. This made Iceland one of the first countries to use the potential of the earths heat commercially for district heating on a large scale with 90% of houses being heated with a district geothermal heating system.
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