What's new in geothermal
We discuss new developments in well and casing design for geothermal projecgts and some of the new regulations governing them.
18 January 2023 | 3 min read
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Geothermal energy is a renewable, continuous and flexible energy source for direct use as heat and/or electricity supply. Resources of geothermal energy can be found worldwide; however, only a fraction of its true potential has been explored due to historical barriers (both technical and non-technical) in the industry.
We support clients to meet the challenges of developing geothermal energy and capitalise on its untapped potential.
What comes to mind when you think of geothermal energy? Is it relaxing in a hot spring? Or maybe you know someone who heats their home with geothermal energy or receives electricity generated from it? Geothermal energy has several more applications, and listed below are just a few geothermal power applications, of an ever-increasing list.
Our team provides energy producers with strategy and commercial advice, guiding geothermal exploration and asset infrastructure development worldwide. Our economists and energy specialists draw on the latest economic, consumer and other relevant data to deliver informed opinions and independent evaluations. We can therefore support by developing a compelling evidence-based business case to present to potential investors.
Our environmental permitting and compliance team profoundly understand what it takes to get large-scale energy infrastructure projects approved. We have extensive experience in approval processes and regulatory regimes and apply a data-driven approach to environmental consulting, utilising state-of-the-art technologies, including visualisation, spatial intelligence and dynamic scenario modelling. Shaping informed decisions, we support our clients as they develop geothermal projects across the globe.
Environmental Impact Assessments (EIAs) are integral to the planning and development process of a geothermal project. Our environmental specialists prepare environmental assessment documentation containing site-specific data, and we identify any environmental and socio-economic impacts that might arise from development. To reduce risk and cost, we follow a staged approach that identifies potentially significant adverse effects early in the process, so they are avoided, managed, mitigated, or offset. We have delivered EIAs for many large-scale renewable energy projects around the globe.
Understanding sub-surface geology is key to determining a geothermal project's feasibility. Our team of geologists, geophysicists, and engineers have over 40 years of experience interpreting, evaluating, and modelling the sub-surface and its behaviour. We have developed our independent expertise across the vast majority of the world's energy-producing basins, often working in challenging geographic locations and complex geological environments. We take a data-driven approach to facilitate transparent communication, accurate decision-making, and the right conversations with investors, regulators and key stakeholders.
Seismic data can reveal what lies beneath the earth’s surface and is essential for geothermal exploration and appraisal. However, it must be collected safely and efficiently and meet technical specifications. At RPS, we manage survey design, commercial oversight, in-country and onshore support, health and safety, seismic processing, and data hosting, with this constantly in mind. We support our clients throughout each phase of their seismic acquisition project - from defining and planning, seismic acquisition through to data preparation and delivery.
Successful geothermal projects that can help society reap their benefits must be open, transparent and have effective communication between community stakeholders and developers. Our clients benefit from our experience supporting organisations to understand their operations' environmental, social, and governance (ESG) impact. Our global team of ESG professionals enhance our clients' investments through strategies, processes and policies that satisfy the expectations of the communities in which they operate. We foster vital project buy-in, enabling projects to move forward.
RPS supports your team in delivering projects on time and on budget while identifying, mitigating and managing risk. From strategic advice on project methodology, benefits and integration, project management tools, project coordination and reporting, RPS can act as a trusted project management advisor to your organisation or as a fully embedded member of your delivery team.
We have been training energy professionals for over twenty years. Our portfolio of courses focus on subsurface energy projects and include subject areas including geology and geophysics, seismic interpretation, data science, ESG, commercial strategy, health and safety, and the energy transition. We set our clients up for success by sharing technical knowledge and transferring skills. We increase understanding and improve decision making of individuals and teams through various development solutions so that energy can be brought to market cost-effectively and safely.