Mon, 13 June, 2022
A new factsheet released by the GeoSmart project consortium details the gaps in standards for the geothermal industry.
Typically, standards are created when a process or technology has reached a high technology readiness level (TRL), at which point the current knowledge and best practice can be formalised.
However, as geothermal is still in a research and development phase (albeit an advanced one), standards cannot yet be created for this industry.
The TRL needs to advance in order for R&D organisations, universities, plant operators and owners, supply chain companies, regulators and others to come together to form a consensus on the design, construction, and operation of geothermal plants.
The factsheet investigates the current state of TRLs for geothermal and how GeoSmart technologies seek to reduce geothermal energy costs dramatically, creating a cost-competitive energy source when compared to fossil fuel-based alternatives.
You can read the factsheet in full, below: GeoSmart Factsheet - Standards - pdf - 233kb
The GeoSmart project has received funding from the European Union's Horizon 2020 research and innovation programme under grant agreement No 818576.