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E.On embarks on Swedish “deep” borehole for Geothermal trial

German energy company E.On has just started small in geothermal energy, with a contract for just €5.4 million, with some €1.2 million of that coming from the Swedish Energy Agency. E.On will work with St1 a 25 year old biofuels company, which 4 years ago took a sideways turn into geothermal drilling. St1 claims to have drilled the first deep-heat power plant in Espoo, Finland and in Malmö has drilled a pilot hole several kilometers down to generate a thermal difference of around 160 degrees. Eventually the bore hole will be 5 to 7 kilometers and will pull heated water up into the City’s district heating network. No LCOE for this source of energy has been cited by E.On, but…

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