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Ingenuity Geothermal Power

A complete project life cycle for large and small geothermal power plant

July 2021

Ingenuity Geothermal Power

A complete project life cycle for large and small geothermal power plant

  • World Alliance Member
  • Featured Solution
  • Labelled Solution
Label Date July 12, 2021
By ENGIE
From France
Maturity stage TRL 9 / CRI 5-6 - Market competition driving widespread deployment &/"Bankable" grade asset class

The solution focuses on developing Geothermal Power Projects to provide clean and renewable electricity. Providing expertise in full project life cycle to develop large and small Geothermal Power Plant. It is involved with Subsurface studies, Project Financing, Drilling Exploration, Feasibility Studies, FEED, Power Plant Engineering, Construction, Commissioning and Operation & Maintenance. Projects can be developed worldwide.

The Environmental Benefits

  • Less than 9% emissions compared to the CO2 emissions of a coal-fired power plant
  • Generating sustainable power for a period of 30-50 years lifetime

The Financial Benefits

  • Operates continuously regardless of weather conditions and time-of-day and independent from fluctuations of fossil fuel prices
  • Low maintenance and operation costs which range from $0.01 to $0.03 per kWh
  • Sales from Emission Reduction Credits under Clean Development Mechanism of the UNFCCC regime at 1 € per ton

Target client profile

Activity Region

  • Headquarters
  • Activity

Company Profile

ENGIE

Our group is a global reference in low-carbon energy and services.

Headquarters 92400 Courbevoie, France
Type Company
View company profile Solution website

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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 ENGIE 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.