Huge underground source of green energy going untapped, report claims 13 May 2021
Professional Engineering
A geothermal energy plant in Iceland. The report from REA and Arup claims deep geothermal heat energy could revolutionise energy use in the UK (Credit: Shutterstock) A vast underground source of heat energy is currently going untapped in the UK, a new report has highlighted, and it could transform energy use if accessed widely.
Deep geothermal heat energy could be deployed in urban areas to heat thousands of large properties, according to the report, which was published today (13 May) by the Association for Renewable Energy and Clean Technology (REA) and Arup.
Report: UK should harness geothermal potential to power green recovery
Jessica Rawnsley
Share
An Icelandic geothermal energy plant
The UK government should provide targeted support for the geothermal sector to aid the country s green recovery, help deliver on net zero emissions goals, and build a world leading industry with significant.
To continue reading this article.
Join BusinessGreen
Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
The Association for Renewable Energy and Clean Technology (REA) and ARUP have published their
Deep Geothermal Energy: Economic Decarbonisation Opportunities for the United Kingdom report which underlines the environmental and economic potential of deep geothermal.
It has the backing of over 30 businesses, academics, NGOs and industry experts.
The report estimates that, should the UK Government establish a Geothermal Development Incentive, 12 deep geothermal projects could be operational by 2025, creating 1,300 jobs and generating more than £100m of investment, predominately in towns and cities in the north of England, Midlands and South-West.
The scheme would provide a catalyst to the industry, with 360 sites being established by 2050.