LOW-BINProject reference: 518277
Funded under: FP6-SUSTDEV
Efficient low temperature geothermal binary power
Total cost:EUR 3 935 713
EU contribution:EUR 1 878 812
Call for proposal:FP6-2004-TREN-3
Funding scheme:STREP - Specific Targeted Research Project
The LOW-BIN project aims in improving cost-effectiveness, competitiveness and market penetration of geothermal electricity generation schemes, targeting both hydrothermal resources for immediate market penetration and future hot dry rock systems, by:
- Widening market perspectives of geothermal Rahkine Cycle power generation by developing a unit that can generate electricity from low temperature geothermal resources, with temperature threshold for profitable operation at 65°C, compared with 90-100°C of existing units.
- Developing a Rankine Cycle machine for cogeneration of heat and power by heat recovery from the cooling water circuit.
This will lead in cogeneration of heat and power from Rankine Cycle units in present and future geothermal district heating schemes with overall energy efficiency of 98-99%, compared with 7-15% for existing units producing only electricity and for 35-60% of existing geothermal cogeneration schemes.