Cornish geothermal plant gets further GBP6m funding

Mon Nov 7 2011, 09:24 AM

The UK government is awarding GBP6m to boost work on Geothermal Engineering's power project in Redruth, Cornwall. The plant, which is expected to cost GBP50m (USD80.2m) to construct, is slated to generate 10MW worth of electricity once completed and generate up to 55MW of renewable heat energy for the local region, roughly proportionate to heating 20 schools for a 12 months. Drilling of the first well, which will have a depth of 4.5km, is expected to begin early next year, with the plant scheduled for completion in 2013.

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