Energy Intelligence
Summary
Abu Dhabi National Oil Co. (Adnoc) has found itself in the climate crosshairs ahead of Dubai's upcoming hosting of the UN COP28 climate conference, as questions encircle the oil exporting state's ability — and commitment — to drive climate change policy.
Are there any other decarbonization initiatives you are testing?
A: Geothermal. We conducted the initial assessment of two wells in Masdar City. We are going to use them for district cooling instead of power generation. For power generation, you need very high temperatures. That means that we need to drill deep ... in the subsurface, which is very costly. For district cooling, you need a much lower temperatures. The two wells proved two things. They are the right temperature and the right productivity, so we are working with [local utility] Tabreed to equip them with the chillers. Hopefully before COP28 we will announce the results of this experiment. It looks very promising, and it's very adjacent to our business because we are in drilling activities. So drilling geothermal wells and decarbonizing district cooling would be an ultimate goal.
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