Think GeoEnergy
Summary
In an announcement this week, U.S.-based GEIOS Energy Limited and partners PT Global Aiden Teknologi in Indonesia report having secured the contract and financing to provide a closed loop geothermal solution for district cooling and heating on Bali Island, Indonesia. The contract will enable the drilling of the eight wells to implement a district cooling and heating plant for the AIDEN project that is operated by INCHEON SMART CITY Corporation Korea in Bali. We have been reporting on plans and challenges to the development of conventional geothermal in Bali before.
Bali Island is well known for its particular tectonic and volcanic arc location, as it lays on the ring of fire. The selected area is very close proximity to the subduction zone as well as it’s underground capacity being greater than other areas in Indonesia. To avoid disturbing the underground structure, PT Global Aiden Teknologi has selected the GEIOS technology for its unique method of capturing heat in Indonesia. GEIOS targets inoffensive heat transfer with low risk instead of the conventional mass transfer which often results in complex environmental issues related to CO2/sulfur emissions among others.
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#Geothermal#DistrictHeating