Fri, 16 December, 2022
TWI is coordinating a GEOPRO webinar detailing a new geothermal flow assurance simulation software that will help reduce the costs associated with geothermal energy production.
The online event, which will take place on 28 February 2023 from 13:00-14:00 GMT, will be presented by the founder of FlowPhys AS, Norway, Per Kjellgren.
Despite geothermal being a constantly-available renewable energy resource, it accounts for just 0.4% of current electricity production. This low market share is mainly due to the costs of high CAPEX, drilling and the geothermal brine causing corrosion, erosion and scaling.
However, this new software, which is under development, will feature key innovations and findings from a number of H2020-funded research projects to help reduce these costs.
These innovations include guidance for applying coatings to reduce erosion/corrosion/scaling (H2020 Geo-Coat), a scaling reduction system (H2020 GeoSmart), drilling operations and fluids (H2020 Geo-Drill), and an extended modelling capability of geofluids (H2020 GEOPRO).
The flow assurance simulations and optimisations within the software will lead to improved designs and operations that create significant cost reductions for geothermal energy production, allowing it to flourish as a reliable source of renewable energy across the world.
You can find out more and register for this online event, here.
The GEOPRO project has received funding from the European Union's Horizon 2020 research and innovation programme under grant agreement No 851816
The Geo-Drill project has received funding from the European Union's Horizon 2020 research and innovation programme under grant agreement No 815319
The GeoSmart project has received funding from the European Union's Horizon 2020 research and innovation programme grant agreement 818576
The Geo-Coat project was funded by the European Union’s H2020 research and innovation programme, Grant agreement, no. 764086