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Geothermal Blog 1: Unveiling the Geothermal Potential

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Wed, 05 February, 2020

Immediate concerns for carbon neutrality and dwindling natural resources has caused a regime shift, calling world economies to take measures to reduce/end the contribution to global warming by 2050. Shifting to renewable resources in the energy mix offers the prosperity of green economy — accelerating progress to meet the Paris Agreement targets and the United Nations Sustainable Development Goal on climate change.

Rise of Geothermal Energy

Use of geothermal energy for domestic purposes dates back to more than 10,000 years ago, while the first industrial use was reported near Pisa, Italy, in the late 18th century. Ever since, the use of geothermal has continued to mature steadily especially amidst apocalyptic climate crisis and achieving decarbonisation policy objectives.

Enabling Geothermal Revolution

Government funding bodies, industries, non-profit organisations and global alliances have been exploring avenues to mitigate techno-economic and political challenges, thereby fostering exponential growth and exploitation of this otherwise under-utilised resource.

TWI and World Geothermal Congress

The World Geothermal Congress (WGC), organised every 5 years by International Geothermal Association (IGA), is an international platform aimed to attract geothermal experts across the globe. This year, the conference will be hosted in Iceland, the homeland of geothermal resources, and is expected to bring together over 3000 delegates sharing their experiences and vision for geothermal to help define the future of geothermal in the coming years.

Building on its experience in Oil and Gas, TWI has recently been instrumental in leading geothermal initiatives worth over 40 million Euros and funded under the European Commission’s H2020 programme. Showcasing innovations as part of these projects, TWI in collaboration with the members of these consortia, will be marking its presence in this historical conference. From technical presentations to exhibiting at a joint H2020 booth, the team will present the impact of its ongoing work on understanding geofluid chemistry, and the role of material science in enhancing the reliability and flexibility of geothermal power plants.

 

+++Please check back in two weeks for our next exclusive blog post, where we will be looking into ‘Innovations in Geothermal energy’+++