Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. FPPG: Geothermal energy is one of the most...

FPPG: Geothermal energy is one of the most feasible resources in green transition

October 10, 2024

Geothermal energy represents one of the most feasible resources in green transition, while CLGS are a solution for the use of this type of energy, according to the Oil and Gas Employers’ Federation (FPPG).   They explained, at a meeting with the press, that CLGS already used in Canada, Germany and USA, presents significant key advantages to conventional systems, among which the absence of fracture, the possibility of exploiting geothermal energy regardless of the availability of warm water sources in the vicinity of the cogeneration plant, the lack of risks of induced seismicity, the absence of any elements undergoing corosion, erosion, deposits and the direct connection between towns where there is demand and warm water resources.   The closed circuit system supposes in depth drilling and introduction of pipes made of a special material in the soils in the vicinity of the magma rock layer, where there are temperatures of 300 degrees. Pipes are filled with water which will receive rock warmth. Water returns to the surface and reaches the cogeneration plant, where electric and thermal energies are produced.   Romania is among the first five European countries with geothermal energy potential. 24 sites are being explored now and there are many underground sources of geothermal waters.   FPPG experts pointed out that more locations in the west part of Romania, close to the border with Hungary, present adequate geological conditions for the development of geothermal projects and the application of heat systems in closed circuit. Several towns in Romania are already interested in the exploration and use of geothermal energy to heat residential areas: Arad, Timisoara and Oradea.   The low number of very big drilling instalations needed for such works is a problem in the implementation of such projects, about 15 such installations being found in Europe. The initial cost of such installations is very high, at least million euros per loop, but later operational costs are very low.   A series of legislative amendments are needed to use these geothermal resources, such as the amendment of the Mine Law recommended by FPPG representatives.    

Read in full - click here
Vlad Musțeată, CEO North Bucharest Investments: “2026 is shaping up as one of the strongest investment windows for Bucharest’s residential market”

In a market shaped by shrinking supply, rising capital and shifting global flows, North Bucharest Investments is positioning itself at the center of Bucharest’s next residential cycle. For CEO Vlad Musțeată, 2026 is not a year to watch from the sidelines, but “one of the clearest buying windows of the past decade” for disciplined investors […]

Romanian president promises report on 2024 cancelled elections within "two to three months"

One year after the Romanian Constitutional Court (CCR) annulled the presidential elections and decided a complete rerun, amid a flawed electoral process backed by evidence in a declassified report sent by intelligence services to the state defence council CSAT, president Nicusor Dan announced a detailed report on the developments would be released...

Bucharest heating supplier Electrocentrale seeks contractor for EUR 400 mln power plant

Electrocentrale București, one of the 17 state enterprises shortlisted by the government for restructuring, has launched the tender for a new gas-fired cogeneration power plant in Bucharest South, a project worth over RON 2.1 billion (EUR 400 million).  Interested companies can submit bids until February 5, according to

Nuclearelectrica, US Critical Metals sign non-binding agreement to develop rare earth processing capacity in Romania

Critical Metals Corp (Nasdaq: CRML), an American company specialising in critical minerals, and Romanian nuclear group Nuclearelectrica (BVB: SNN) announced on December 9 the signing of an agreement for the development, in Romania at Feldioara, of an industrial rare earth processing facility. The planned facilities at Feldioara, where Nuclearelectrica operates its subsidiary Uranium Concentrate Processing […]

One United plans EUR 500 mln mixed-use project in Constanța

One United Properties (BVB: ONE), the Bucharest Exchange-listed developer of residential, mixed-use, and office real estate in Romania, announced the signing of a preliminary sale and purchase agreement for a 34,800 sqm plot of land in “the most desirable residential area of Constanța, on the Black Sea coast.”  The land is located in the northern […]

Al Dahra to cease grain trading operations in Romania in 2026

Al Dahra Holding will exit Romania’s grain trading market in 2026, withdrawing from a sector with annual exports valued at about EUR 4 billion, Bloomberg reported on December 9, as cited by Ziarul Financiar. The company’s decision follows sustained pressure on international traders operating in the increasingly...