Green Therma has signed a Letter of Intent with SWK Stadtwerke Kaiserslautern Versorgungs-AG to assess the deployment of closed-loop geothermal heat in Kaiserslautern, Germany. The collaboration will evaluate how Green Therma锟絪 Heat4Ever锟� solution can supply geothermal heat into SWK锟絪 105 km district heating network as part of SWK锟絪 ambition to achieve CO2-neutral heat by 2045.
Unlike conventional hydrothermal systems, which rely on reservoir permeability and fluid flow performance, Heat4Ever锟� operates as a closed-loop solution designed to significantly reduce subsurface and production risk. This approach improves predictability and supply security, reinforcing the commercial and operational reliability that utilities require when transitioning to low-carbon heat.
锟絋he energy transition requires scalable solutions with reduced geological risk and strong operational predictability. Our Heat4Ever锟� technology is designed to deliver exactly that 锟� enabling utilities to integrate geothermal heat with greater confidence,锟� says J锟絩gen Rasmussen, CEO of Green Therma.
The joint feasibility study will include evaluation of geological and geophysical data, assessment of potential well locations, and a first-pass levelized cost of heat analysis. SWK recently completed a 151 km锟� 3D seismic survey within the 锟絃utrina锟� license area, providing a strong technical foundation for the assessment.
锟絊WK is committed to transforming its heat supply towards climate neutrality while maintaining high reliability for our customers. The cooperation with Green Therma allows us to evaluate an innovative closed-loop geothermal solution that could strengthen supply resilience and reduce geological risk in our transition,锟� says Dr. Arvid Blume, CEO of SWK Stadtwerke Kaiserslautern.
Subject to positive results, the parties will discuss next steps toward a potential multi-well geothermal heat project.