Pilot Hole - 1b

Our goal is to establish geothermal energy as a green and independent energy source complementing sun, wind and biomass in the bigger RE picture. We shall develop technical solutions and a business model for geothermal energy in combination with heat pumps, and including a consideration on energy storage. This way geothermal energy can become a significant green energy source in Denmark – and potentially leading to successful export business.

Geothermal energy has the potential to revolutionize the Danish district heating system, however, so far the realization of the potential has been hampered by technical, organizational and financial obstacles which have hampered the realisation of geothermal energy.

The project ‘pilot hole’ shall develop solutions for scalable geothermal projects and fit-for-purpose technical solutions and equipment to consolidate the projects and reduce the risk. The project will investigate the business case incl project sensitivities and what effects concurrent planning of multiple facilities will have to reduce costs and risks as simulated in a load model (Balmorel).