The Autonomous District of Prešov has signed a memorandum of mutual cooperation with the developer PWEnergy, aiming to carry out a geothermal power project in L'ubotice in the Prešov region. If the project is successful, it will be the first geothermal power plant in Slovakia.

The signing of the memorandum is an important milestone, following the project's passage through the environmental impact assessment process reported earlier this year. Through this agreement, the region commits to support the construction of the geothermal power plant within its remit, which may include any proposed changes to the spatial planning of the city and affected municipalities.

Milan Jankura, Chairman of the Board of Directors of PWEnergy, also said that the company is preparing a detailed drilling program that will be open for bidding. No company is yet planning to participate in this tender, so no announcement has been made.

"The Prešov region is certainly ready to help in terms of infrastructure development. We are witnessing an increase in energy consumption, and this project will really help the population, as well as companies and industries, to reduce energy costs," said regional chairman Milan Majerský.

The E&P program plans to drill an exploration well to a final depth of 3,500 to 4,000 meters to verify the hydrothermal conditions and deep geological structure of the area. If the parameters are suitable, the exploration well could be used as a production well. A total of three production wells are planned as part of the first phase of the project.

The planned geothermal project has a target capacity of 6.5 megawatts (MW), which is enough to meet the electricity needs of 20,000 households. There are also plans to utilize waste heat to heat more than 6,000 homes.

Drilling is expected to begin in 2024, with the goal of completing construction of the power plant by 2026. The total investment in the first phase of the project amounts to 65 million euros.

Source: Trend.sk

ThePrešov self-governing region has signed a memorandum of mutual cooperation with developer PWEnergyfor a geothermal power project in L If the project proceeds, this will be first geothermal power plant in Slovakia.

Thesigning of the memorandum is a significant milestone that follows up on theproject passing the environmental impact assessment process,as reported earlier this year. With this agreement, the region commits to supporting the geothermal power plant construction within its competencies, which many With this agreement, the region commits to supporting the geothermal power plant construction within its competencies, which many proposed changes in the spatial plans of the city and affected municipalities.

MilanJankura , Chairman of the Board of PW Energy, also said that the company is preparing for a detailed drilling program, for which a public procurement will be announced. There is currently no scheme yet for companies to participate in this procurement, thus no announcements have been made.

"The Prešov region is, of course, ready with help in the construction of infrastructure. We are witnessing jumps in energy consumption and this project can really help the population, but also companies and industry to reduce energy costs," said Regional Chairman Milan Majerský.

Exploration and development planAnexploratory well is planned to be drilled to a final depth of 3500 to 4000 meters to verify the hydrogeothermal conditions and deep geological structures in the area. In case the parameters are suitable, the exploratory well can be utilized as a production well. A total of three production wells are planned as part of the first stage of the exploration and development plan. total of three production wells are planned as part of the first stage of the project.

Theplanned geothermal project has a target capacity of 6.5 MWe, which will be enough to supply the electricity needs of 20,000 households. There are also plans of harnessing the residual heat from supply heating to more than 6,000 households. There are also plans of harnessing the residual heat from supply heating to more than 6,000 households.

Drillingis expected to start by 2024 with a target completion of the power plant by 2026. The total investment for the first stage of the project has reached The total investment for the first stage of the project has reached EUR 65 million.

Source:Trend.sk