E.ON: geothermal projects with DEW

(CercleFinance.com) - E.
ON announces that it has signed a cooperation agreement with Deutsche ErdWärme (DEW) for the joint development and implementation of geothermal projects, aiming to provide "green" heat at attractive prices and strengthening regional energy security.

The partners will pool their expertise to extract thermal energy stored at a depth of 1,000 to 4,000 metres and make it available to consumers in the form of green heat.

E.ON and DEW plan to implement the first pilot schemes in North Rhine-Westphalia. They say that deep geothermal energy could cover more than a quarter of Germany's annual heat demand (over 300 TWh).



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