Elemental London
Summary
GeoGrid, a project to explore the benefits and applications of geothermal energy for decarbonisation in the UK, has been awarded £480,000 in funding by Ofgem.
Some of the issues associated with the energy transition include rising electricity demands, rising costs, and inefficiencies in renewable energy conversion. GeoGrid will use data from the University’s Geothermal Campus living lab to understand how thermal energy storage could be implemented on a bigger scale as a solution to these obstacles.
By integrating geothermal storage into the energy system, GeoGrid aims to lower network connection costs, reduce costly reinforcement, and enhance grid resilience.
Continue Reading
#News#GeothermalandGeo-Exchange