-
亞歷克斯・博迪獲任命為 SCANDIC FINANCE 集團副總裁
-
Алекса Боді призначено віцепрезидентом групи SCANDIC FINANCE
-
Алекс Боди назначен вице-президентом группы SCANDIC FINANCE
-
Alex Bodi appointed Vice President of SCANDIC FINANCE GROUP
-
Alex Bodi, numit vicepreședinte al grupului SCANDIC FINANCE
-
Yealink Summit Addresses AI Governance and Workplace Trust
-
Essential Baking Tools for Christmas Cookie Perfection
-
Elon Musk jokes about moving businesses to space after US midterms
-
West Mercia Police opens 2027 cadet applications to Worcestershire teenagers
-
NHS to test blood screening designed to detect 13 cancers earlier
-
Worcestershire road closures announced for Remembrance Sunday events
-
Democrats near House takeover as voters judge Trump presidency
-
UBC professor describes police call after Galloway remark as act of care
-
Lethbridge submits interest in provincial ground ambulance contract
-
False voting claims spread rapidly during US Election Day
-
The Cat in the Hat expands its stakes to cosmic scale in animated reboot
-
Lettermen co-founder Tony Butala dies at 87
-
Byron Donalds wins Florida governor race and underscores Republican strength
-
James Talarico defeats Ken Paxton in historic Texas Senate result
-
Physicist Claims Alberta Data Center Releases Energy of 23 Atomic Bombs Daily
-
Commentator predicts possible US strike on Iran as regional tensions rise
-
Goa plans relationship-readiness course amid concern over divorces
-
Jordan Bardella's Wealth and Financial Transparency Under Scrutiny
-
Manchester United climbs standings after 3-2 Champions League win over Roma
-
India introduces four-layer motor insurance choice from December 15
-
Mutual fund returns show shifting leaders across market-cap categories
-
DataMEDS AI Signs MOU to Deploy Health Lives Here GLP-1 Patient Management Program with Florida-Based HMO
-
Sibannac CEO Exchanges Common Shares for Series D Preferred
-
BlueFuture Aquatics, Inc. (Formerly NaturalShrimp) Announces Support for the Administration's America First Seafood Strategy
-
Glo Tanning Opens in Tempe With Red Light Therapy, Skincare and More
-
Strategic Metals Ltd. Announces Acquisition of Control and Direction of Additional Securities of GGL Resources Corp.
-
Caledonia Mining Corporation Plc: Caledonia Group Signs US$150 Million Interim Financing Facilities Agreement to Support Construction of the Bilboes Gold Project
-
InterContinental Hotels Group PLC Announces Transaction in Own Shares - November 05
-
How to Make the Most of a Boat Rental Vacation
-
Best Rated Gold IRA Companies 2026 for US Consumers Rankings Released by Experts
-
Clarity Tax Relief Publishes Analysis of the 2025 IRS Data Book Collection Figures
-
Ryde Signs Strategic MOU with Dimension AI to Explore US$278 Million Three-Year GPU-as-a-Service Collaboration
-
Silver Storm to Present at the 2026 Precious Metals Summit Zurich Conference
-
Euro Stablecoins Added $263 Million in a Year, Up 54%, While Dollar Supply Fell, DIA Study Finds
-
Gold Terra Announces 6.61 g/t Gold over 7.35 Metres Including 31.6 g/t Gold over 1.1 Metres on the Campbell Shear Zone 103N Extension, Con Mine, Yellowknife, NWT
-
Cognitum One Unveils MetaLLM, Self-Improving Model Control Plane for AI Agent Swarms
-
FireFox Gold Drills 6.15m at 4.10 g/t Gold at Gabbro Target, Further Expanding Gold Footprint at Mustajärvi Project, Lapland, Finland
-
Quebec Selects NiobiumX's Shipshaw Carbonatite as One of Five for Detailed Study; NiobiumX Announces Private Placement of Flow-Through Units
-
U.S. Navy Contracts with CORAS.ai to Advance Program Execution, Readiness, and Decision Intelligence
-
BHEL wins Adani Power projects valued at up to ₹28,000 crore
-
IndiGo holds talks with Embraer over potential order for 100 aircraft
-
India seeks threefold increase in coal stocks to prevent summer power shortages
-
Indian companies report mixed second-quarter results on November 4
-
Indus Towers expands solar-powered network to 50,000 telecom sites
-
KKR secures Indian regulator approval for Gentari Renewables investment
Europe looks to geothermal energy as gas alternative
The heating plant in Munich's southern Sendling neighbourhood has been run for more than a century on gas, often imported from far away.
But increasingly, it is the hot waters from deep underground the station that provide the energy.
Tacked on to the side of the original 19th-century red-brick plant is a boxy new geothermal unit surrounded by a tangle of pipes.
Work on the new installation started in 2016 and it opened in 2021, before Russia launched its assault on Ukraine and shut the pipelines to Europe.
But the timely opening of the modern unit -- one of the largest of its kind in Europe -- is a happy coincidence for the city, which like the rest of the country is facing the challenge of making up for lost Russian gas supplies.
- 'Perfect location' -
Munich is pouring in one billion euros ($1.1 billion) through 2035 to develop the geothermal energy and make the city's heating carbon neutral.
"We're sitting on a gold mine," says Christian Peltl, director of geothermal energy at SWR, the operator of the plant in Sendling.
"Munich has the perfect geological location" in a region known for its thermal baths, Peltl says.
Everywhere in Europe, interest in geothermal projects has grown in recent years as officials search for ways to decarbonise their energy systems.
The conflict in Ukraine has reinforced the trend. Moscow's invasion last year brought Russian gas deliveries to Europe to a shuddering halt and triggered an alarming spike in energy costs across Europe.
After a heady peak, prices on the spot market have fallen in recent weeks. But the crisis has underscored the vulnerabilities of the continent in the area of energy.
Reliable and sustainable geothermal energy seems like the perfect alternative to gas.
Piping hot thermal waters are pumped up from three kilometres (1.9 miles) below the surface. The heat is transferred into the local network, which connects nearby homes to the plant, while the cooled thermal waters are sent back underground.
"There was really a boom in orders since the beginning of the (energy) crisis," says Peltl.
At the end of 2022, the German government published a plan to increase the production of geothermal energy tenfold by 2030 to 10 terawatt hours (Twh).
To reach the ambitious target, Germany, which uses gas for 50 percent of its heating, wants to start "at least 100 new geothermal projects".
Across the border in France, the government published a plan Thursday to increase the number of deep geothermal energy schemes by 40 percent by 2030.
In Hungary, the government issued a decree in October to expand use of the energy source.
The Italian government is also gearing up to support expansion, while in Denmark, the largest plant in the country is set to open in Aarhus in 2030, supplying 20 percent of the city's heating.
- 'Boom' -
Once fully operational, the new plant in Munich will be able to supply up to 80,000 local homes with warmth via a sprawling network of pipes.
The station is largely automated, with its operation controlled from a room in the older part of the edifice.
While geothermal energy is a boon to those who can access it, "it is only part of the solution", says Thomas Gilg, head of the Munich plant.
Not everywhere is suited to geothermal energy. Above all else, the energy drawn from below the surface has to be used locally.
"We must not fool ourselves. With this plant we cannot supply the whole of Munich," says Gilg.
Excavation works to install a plant in Strasbourg, France, were blamed for two minor earthquakes felt in the area at the end of 2020.
Nonetheless, the Sendling plant operators see the potential as "massive", according to Peltl.
According to the European Commission, geothermal energy could provide carbon-free heating for "up to 25 percent" of residents in the EU.
burs-fcz/sea/lth
O.Gutierrez--AT