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Sign upGeothermal heat and power plant
Cheap heat & power for municipalities generated from a local source
01.
Identification
Geothermal heat and power plant is a standardized power plant that challenges common geothermal energy approaches. It makes geothermal more efficient and reduces the CO2 lifecycle footprint to a bare minimum. Cheap heat & power for municipalities generated from a local source.
It is a new variant of geothermal energy with technology that fully utilizes the energy potential of hot brines. In contrast to conventional geothermal power plants, its advanced system uses two sources for its energy production: hot water as well as the combustible gases dissolved in it. The gases are separated from the water and burned in a gas engine. The CO2 from combustion, as well as any brought up with the hot water, is captured and safely re-injected into the aquifer. The result: remarkably cost-effective renewable and zero-carbon energy.
- Video
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- Images
Label Date
June 29, 2020
From
Switzerland
Maturity stage
Prototype testing in the real world
Looking For
Municipalities; Governments; Industrial partners; Investors
02.
The environmental benefits
- •A life cycle CO2 footprint (over 30 years) of 5 grams of CO2/kWh, which is very competitive even compared to the state of the art solar and wind technologies.
03.
The Financial benefits
- •CLEAG’s standardised projects aim at a 15% return rate
05.
Company Profile
Clozed Loop Energy AG
Disruptive innovative green energy awarded by the EU Commission
View company profile
Headquarters
6004 Lucerne, Switzerland
06.
Related Topics
07.
Related Articles
08.
Complementary solutions
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Renewable gas for industrial burners
Decentralized renewable solutions for process heat in industrial processes
- Industrial Processes & Consumer Goods
- Utilities (Water, Energy, Waste)
May 2018
Stirling Engine
Stirling engine modules to generate clean electricity from waste heat locally
- Utilities (Water, Energy, Waste)
- Industrial Processes & Consumer Goods
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator Clozed Loop Energy AG has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.