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A circular by design environmentally friendly geothermal energy solution based on a horizontal closed loop - HOCLOOP

Project description

Facilitating the extraction of heat from deep or shallow formation rocks

Below the Earth’s surface, there’s a powerful and reliable source of renewable energy that can significantly contribute to solving our energy problems. Just 0.1 % of Earth’s total heat content could meet our energy needs for over 1 million years. While geothermal energy is not new, it remains limited to particular regions, representing less than 1 % of the global energy production. The conventional technology relies primarily on scarce hot permeable aquifers to extract heat. To address this challenge, the EU-funded HOCLOOP project will use a horizontal closed-loop solution combined with innovative CO2-based heat carrier fluids to extract geothermal energy from deep or shallow formation rocks. HOCLOOP’s solution will facilitate the sustainable exploitation of geothermal sources in new regions.

Coordinator

INSTITUTT FOR ENERGITEKNIKK
Net EU contribution
€ 658 125,00
Address
Instituttv 18
2007 Kjeller
Norway

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Region
Norge Oslo og Viken Viken
Activity type
Research Organisations
Other funding
€ 0,00

Participants (8)

REELWELL
Norway
Net EU contribution
€ 1 129 062,50
Address
Vingvegen 1
4050 Sola

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Norge Vestlandet Rogaland
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Other funding
€ 0,00
UNIVERSITA DEGLI STUDI DI FIRENZE
Italy
Net EU contribution
€ 422 490,00
Address
Piazza San Marco 4
50121 Florence

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Region
Centro (IT) Toscana Firenze
Activity type
Higher or Secondary Education Establishments
Other funding
€ 0,00
VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK N.V.
Belgium
Net EU contribution
€ 443 737,00
Address
Boeretang 200
2400 Mol

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Region
Vlaams Gewest Prov. Antwerpen Arr. Turnhout
Activity type
Research Organisations
Other funding
€ 0,50
IFP Energies nouvelles
France
Net EU contribution
€ 219 930,00
Address
Avenue De Bois Preau 1 & 4
92500 Rueil Malmaison

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Region
Ile-de-France Ile-de-France Hauts-de-Seine
Activity type
Research Organisations
Other funding
€ 0,00
TECHNISCHE UNIVERSITAT DARMSTADT
Germany
Net EU contribution
€ 354 845,00
Address
Karolinenplatz 5
64289 Darmstadt

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Region
Hessen Darmstadt Darmstadt, Kreisfreie Stadt
Activity type
Higher or Secondary Education Establishments
Other funding
€ 0,00
VAASAN YLIOPISTO
Finland
Net EU contribution
€ 253 263,75
Address
Pl 700
65101 Vaasa

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Region
Manner-Suomi Länsi-Suomi Pohjanmaa
Activity type
Higher or Secondary Education Establishments
Other funding
€ 0,00
UNIVERSITA DEGLI STUDI DI BARI ALDO MORO
Italy
Net EU contribution
€ 206 260,00
Address
Piazza Umberto I 1
70121 Bari

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Region
Sud Puglia Bari
Activity type
Higher or Secondary Education Establishments
Other funding
€ 0,00
HALLIBURTON AS
Norway
Net EU contribution
€ 1 310 156,00
Address
Eldfiskvegen 1, Tananger
4056 Stavanger

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Region
Norge Vestlandet Rogaland
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Other funding
€ 0,25