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 Friday, April 16 Image

Coronavirus LIVE Updates: The latest news from across Gloucestershire on Friday, April 16

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

Business centre opens road for Gloucester widening scheme Image

Business centre opens road for Gloucester widening scheme

Another hurdle in the £7.45million scheme to improve a major road in Gloucester has been cleared with the departure of the last tenants on land needed for the project.

Trackwise reveals top appointment Image

Trackwise reveals top appointment

Tewkesbury-based circuit board manufacturer Trackwise Plc has announced the appointment of a new chief operating officer.

Latheram House shortlisted for design award Image

Latheram House shortlisted for design award

Later living specialist Pegasus has revealed that Latheram House, its contemporary over 60s community in Cheltenham, has been shortlisted for a Housing Design Award 2021.

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