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Source : hello tomorrow, 2023
Igor - GA drilling
Geothermal energy is a base energy, non intermittent, renewable energy
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According to GA drilling :
- Approx cost of electricity : 40€-100€ MWh
- Cost of power plant: 5-7km deep (1m€ per km per well )
- Depends on the capex (well size)
- Heat exchanger
In Iceland : need to drill 5km to find the proper heat
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In Europe: need to drill 10km to find the proper heat
