Following a multi-year analysis, Bukotermal is now eyeing a 16-MW geothermal energy growth within the northern Varazdin County in Croatia.
After years of exploration and analysis, developer Bukotermal now states that the proposed mission website within the northern Varazdin County in Croatia can assist a 16-MW geothermal energy plant. The exploration work of Bukotermal signifies a geothermal useful resource with temperature of about 142 levels Celsius at a depth of two.4 kilometers.
Bukotermal is a three way partnership firm between the Varazdin County (85%) and the Mali Bukovec municipality (15%). We first reported on the corporate’s investigation for geothermal sources within the Lunjkovec – Kutnjak discipline again in 2022, which additionally concerned the testing of an current geothermal borehole, Kutnjak-1.
Bukotermal now has a six-month interval to find out the exploitation technique and environmental safety measures for the mission, with the final word purpose of establishing a number of amenities for geothermal energy era or warmth provide. Darko Markovic, head of the Mali Bukovec municipality, stated that building is anticipated to begin throughout the subsequent two years.
Alen Pozgaj, CEO of Bukotermal, stated that over EUR 2.5 million have been invested on the mission up to now. To proceed with the design and building of the ability plant, he stated that round EUR 50 million extra shall be wanted.
Geothermal growth in Croatia appears to be simply on the cusp of a breakthrough. Extra lately, Croatia’s Ministry of Economics and Sustainable Improvement awarded exploration licenses for 5 geothermal blocks to a few firms, following a public tender that ran for about six months.
Supply: SeeNews