Geopfalz is awarded federal funding for the AGENS challenge in Rhineland-Palatinate, Germany (supply: Geopfalz)
The AGENS challenge, aiming to display viability of deep geothermal in Rhineland-Palatinate, Germany, is ready to obtain EUR 44.4 million in federal funding.
Federal funding amounting to EUR 44.4 million over a challenge period of 5 years has been accredited for the joint challenge AGENS or “Demonstration of an adaptive, multilateral reservoir exploration for geothermal power for seismicity and price mitigation within the Higher Rhine Graben.”
Jörg Uhde of Geopfalz can be presenting the additional financing of the challenge on the IGC Make investments Geothermal Convention, set to happen on 25-25 June 2024 in Frankfurt, Germany.
The principle goal of the proposed AGENS pilot and demonstration challenge is to implement an progressive technique for the event of a typical geothermal reservoir within the Higher Rhine Graben within the Speyer and Schifferstadt area in Rhineland-Palatinate, Germany. It goals to display a pioneering exploration method wherein a number of lateral wells are drilling from a foremost properly, thus creating a geomechanically and hydraulically optimized reservoir with elevated productiveness and decreased threat of induced seismicity. The financial viability, in addition to public acceptance, of such initiatives can be evaluated.
The funding physique is the Federal Ministry for Financial Affairs and Local weather Safety (BMWK) on the premise of a call by the German Bundestag. Geopfalz GmbH & Co KG (geopfalz), a subsidiary of Stadtwerke Speyer GmbH and the town of Schifferstadt, will act because the community coordinator for the approval of the sub-project.
Geopfalz will obtain a proportionate grant of round EUR 24.3 million because the community coordinator for the approval of the sub-project “Deposit exploration and analysis with accompanying communication and profitability evaluation”.
On this sub-project, Geopfalz will create the primary deep geothermal doublet, a fundamental constructing block for geothermal warmth provide, for the inter-municipal geothermal challenge “Rhein-Pfalz”. The doublet could have two foremost boreholes and a complete of 4 lateral boreholes.
The remaining funding of round EUR 20.1 million will go to the opposite challenge companions.
The dedication of the drilling targets and the geometry of the boreholes is set by geological, geomechanical, and production-technical points and likewise takes under consideration the outcomes of the seismic threat evaluation as an integral part. An analysis of this doublet, accompanied by intensive monitoring, is meant to confirm that the exploration and monitoring idea applied within the challenge can preserve seismicity on the deliberate minimal stage and on the similar time obtain the circulation charges mandatory for financial operation.
The AGENS challenge is an interdisciplinary joint challenge involving geopfalz, the Institute for Geothermal Useful resource Administration at ITB gGmbH, the Johann Wolfgang Goethe College of Frankfurt am Major, the Rhineland-Palatinate Technical College of Kaiserslautern-Landau, the Ruhr College Bochum, geomecon GmbH and the Technical College Bergakademie Freiberg.
Moreover, Geo-Energie Suisse AG is concerned within the AGENS challenge as an related companion and also will perform its personal analysis work, financed by the Swiss Federal Workplace of Vitality (BFE).
Along with the Federal Ministry for Financial Affairs and Local weather Safety (BMWK), the Federal Ministry of Schooling and Analysis (BMBF) is supporting the joint analysis challenge AGENS as a part of the supplementary challenge LISAGENS with a further funding quantity of roughly 1.8 million euros, which addresses questions of fundamental analysis.
