Based on a series of exploration steps, systematically derisking each subsequent step, the final step would be to drill deep exploration / pilot wells. The preceding geophysical surveys, geological analyses, and thermal boreholes would have provided enough data to obtain funding and finance to drill these wells. The “Go-No Go” concept after each step provides a more attractive derisked investment profile to support Geothermal Energy developments.
As Europe is facing high electricity costs and energy security issues, there is an economic, environmentally sustainable energy source beneath their feet […]
As people become more familiar with Geothermal Energy, they will realise that there are thousands of potential locations to extract this energy […]
South Africa has many mineral resources and some offshore hydrocarbon resources, but beneath the ground in a number of locations is clean, […]
Geothermal Energy resources are found in tens of thousands of locations, however not all locations are conveniently located close to suitable electrical […]
