Hot prop­erty

The Daily Telegraph - Business - - Business -

Drilling is start­ing at what may be­come the UK’s first deep geo­ther­mal power plant. Wells will be drilled 2.8 miles and 1.5 miles into gran­ite in Corn­wall, where the tem­per­a­ture can reach 392F, by Geo­ther­mal En­gi­neer­ing. Cold wa­ter will be pumped down and brought heated to the sur­face, and steam will drive tur­bines to power up to 3,000 homes. The £18m project near Re­druth has re­ceived £10.6m from the EU, £2.4m from Corn­wall Coun­cil and £5m from pri­vate in­vestors.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.