PWenergy Pilot Project - Geothermal Power Plant Ziar nad Hronom

Report:
Year registered: 2021
Type:
Energy
Status:Registered
3SI countries proposing the project:

Slovakia

Participating 3SI countries:

Slovakia

Partner countries:

* not part of the 3Seas Initiative
Main objectives:

Primary objective is the generation of electricity using geothermal energy sources and the subsequent cascade use of residual heat for district heating, greenhouse heating, wastewater treatment, heating of public pools and other industrial and food production processes.

· The anticipated annual production of energy in the fully developed project: Electricity (19 MWe) ≈ 140 GWh / year and Residual heat (34 MWth) ≈ 80 GWh /year.

· Geothermal projects have an exceptionally low life-cycle greenhouse gas emission production compared to regular energy sources, even lower than some other renewable energy sources.

· In closed-loop binary-cycle power plants, where the extracted geothermal fluid is passed through a heat exchanger and then completely injected, the operational CO2 emission is near zero.

Short description:

· The project has a history going back to 2010 when it was identified as one of the most perspective locations for geothermal development in Slovakia.

· The decision to acquire the concession was based on extensive research, done by leading Slovak and US experts on geology and geothermal resources.

· Top expert has identified major and most productive geothermal resources around the world, which are being developed continuously by major utilities.

· Performed surveys and research indicate that the geothermal resource has a potential capacity of around 250 MWt, or 20 MWe.

Calendar of implementation:
  • January 2018 in 8 milestones till 2028
    Design

    Current project status:

    · Geological survey completed.

    · Land plots for project development have been identified and contracted.

    · EIA has been filed at the end of March 2021, with expected duration of 12 months.

    · Drilling of the exploration well is planned for Q2 2022.

Budget:

N/A

162.8M0%
secured
Financing sources:

N/A