NEWS

  • Jansen, the geothermal innovator of the year

    PUBLISHED: February 14, 2019


    During the opening
    ceremony of the GeoTHERM Exhibition and Congress 2019, the Ruggero Bertani European
    Geothermal Innovation Award 2019 was awarded to the Swiss company Jansen AG,
    for their Jansen HIPRESS borehole heat exchanger, a novel technology for
    applications in depths of 300+ meters, that allows the exploitation of high
    temperatures at greater depths improving, at the same time, the efficiency of
    the heat pump.





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  • We're hiring! Communication officer

    PUBLISHED: February 1, 2019

    EGEC is looking for a full time communication officer (38h/ week), who is able to work starting from March/April 2019, for a period of minimum six months with possibility of a longer term contract. We are looking for a new communication officer to join our small but growing team, collaborating with the Head of Communication & Marketing on communication & projects.

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  • Launch of key project to increase the efficiency of European funding for clean energy

    PUBLISHED: January 31, 2019


    The SMARTSPEND project aims for more and better designed public support for energy technology Research & Innovation





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  • FEBRUARY

    25-27

  • FEBRUARY

    26

    11:00

    UPCOMING EVENT

    WEBINAR GEORISK: RISK ASSESSMENT AND RISK MITIGATION TOOLS

    Geothermal project development has several risky components, the most important one being the resource risk. This concerns mainly deep geothermal projects, but some shallow geothermal open systems could also be included in this category of projects. Beyond exploration, the bankability of a geothermal project is threatened by this geological risk. The geological risk includes:
    • The short-term risk of not finding an economically sustainable geothermal resource after drilling;
    • The long-term risk of the geothermal resource naturally depleting rendering its exploitation economically unprofitable. Until the first borehole has been drilled into the geothermal reservoir, developers cannot be sure about the exact parameters (temperature and flow rate) of the planned geothermal electricity or h&c project.
    Once drilling has taken place, data and measurement reduce the resource risk and make it possible to attract external capital.
    The GEORISK project will work to establish risk insurance schemes, which have proven their effectiveness in mitigating the geothermal resource risk in 6 European countries, all over Europe and in some key target third countries to cover the exploration phase and the first drilling (test). It appears clear that a risk mitigation scheme must be designed according to the market maturity of the sector.
    This webinar will present the preliminary results of the GEORISK project, which is working to prepare a risk register and a risk assessment tool to serve as a technical basis for risk measurement, and to propose risk mitigation tools to establish such insurance schemes at scale, according to best practices.
    The webinar will also be open to inputs and questions by participants, which are welcome to provide their perspective or comment on the methodology of the project.

    To register

    Organiser: EGEC
    Platform: GoToWebinar
    Date: Tuesday 26/02/2019 | 11:00 – 12:00 CET
    Agenda:
    11:00-11:05 – Presentation GEORISK project, consortium. Philippe Dumas, EGEC.

    11:05 – 11:20 – Presentation risk register, introducing risk assessment tool: Thomas Le Guenan, BRGM

    11:20 – 11:30 – Q&A about risk register

    11:30 – 11:40 – Presentation mapping of financial institutions: Christian Boissavy, GEODEEP

    11:40 – 11:50 – Presentation questionnaire on risk mitigation schemes: Gunter Siddiqi, SFOE

    11:50 – 12:00 – Q&A about the risk mitigation tools

    This project has received funding from the European Union's Horizon 2020 research and innovation programme under grant agreement No [818232 — GEORISK]

    EVENT WEBSITE
  • FEBRUARY

    27

    13:00-17:30

    UPCOMING EVENT

    3rd Annual Geothermal Conference, Copenhagen/ Denmark

    The 3rd Annual Geothermal Conference in Denmark will take place in the Fællessalen, Christiansborg in Copenhagen – February 27, 2019 – 13:00 to 17.30.

    EVENT WEBSITE

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About EGEC Geothermal

More than 120 members from 28 countries, including private companies, national associations, consultants, research centres, geological surveys, and public authorities, make EGEC the strongest and most powerful geothermal network in Europe, uniting and representing the entire sector.

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