The International Energy Agency (IEA) estimates that the upper kilometers of the Earth’s crust hold heat energy that is several million times greater than the Earth’s annual energy consumption. The heat increases with increasing depth.
The Norwegian oil and gas industry is well positioned to take part in the growing market for geothermal energy. It represents new business opportunities especially for companies with drilling competence and other related technology.
Geothermal energy is harvested when cold water is pumped into an injection well and returned as heated water in a producing well. In deep wells, the water will surface in the form of steam that can be used in industrial processes or to generate power in steam turbines. For geothermal energy to be profitable, it is however necessary to drill at a lower cost than offshore, and to penetrate rock formations that are harder than the ones found on the Norwegian Continental Shelf.
Speakers at the workshop include Statoil, North Tech Energy, Rock Energy, SINTEF, Uni Research and Institute for Energy Technology (IFE).
Interested parties are also welcome to join a technical meeting in the KPN-project INNO-Drill on June 13th.
Location: DNB Kristiansand, Markensgate 19, 4611 Kristiansand
Fee: Free. Cancellation of registration are accepted no later than Friday June 8th at 3 p.m. A “No Show fee” will be invoiced for no show or cancellation after this date.
The workshop is a GCE NODE event, part of the Periscope project, and is organized in cooperation with SINTEF. Norwegian Center for Geothermal Energy Research and Forskningsmobilisering Agder.