Skip navigation

Gloucestershire Business News

Ecotricity goes deep to steam ahead

Ecotricity has signed an agreement to provide renewable energy from a fresh source - deep under Cornwall.

Stroud-based Ecotricity, the world's first green energy company, has partnered with Geothermal Engineering Limited to provide geothermal electricity for the first time in the UK.

The site at United Downs near Redruth will generate steam from three miles under the ground.

Ecotricity founder Dale Vince said: "Geothermal is a really exciting form of energy that is untapped in the UK.

"We're pleased to be part of this project and to add the power to our customer's energy mix.

"It has a big role to play in our plans to decarbonise the country."

Ecotricity has agreed a 10-year power purchase agreement for energy generated at the site which will produce a minimum of three megawatts - enough to power 10,000 homes a year via the National Grid.

The plant is expected to be fully operational early next year.

Geothermal Engineering founder Dr Ryan Law said: "We have spent many years working towards this point and are thrilled to see this pioneering geothermal power plant coming together.

"Our work shows the significant potential of geothermal energy to supply both heat and energy across Cornwall.

"We are very excited for the industry, investment and jobs this renewable resource could bring to the region."

Related Articles

Coronavirus LIVE Updates: The latest news from across Gloucestershire on Wednesday, January 20 Image

Coronavirus LIVE Updates: The latest news from across Gloucestershire on Wednesday, January 20

The latest important news and updates from across Gloucestershire as the coronavirus crisis continues.

ProCook looks for investment to build on sales growth Image

ProCook looks for investment to build on sales growth

ProCook owner Daniel O'Neill is seeking investment partners to drive expansion after the kitchenware retailer recorded a huge growth in sales.

Bristol Road flyover to close for six weeks from today Image

Bristol Road flyover to close for six weeks from today

The B4008 Bristol Road flyover in Hardwicke is set to be closed 24 hours a day in order for Gloucestershire County Council Highways teams to complete essential maintenance.

VIDEO Dale Vince excited by vegan meal expansion Image

VIDEO Dale Vince excited by vegan meal expansion

Dale Vince has described the link up with online retailer Ocado to sell the Devil's Kitchen range of vegan meals as "the next logical step".

Copyright 2021 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.