Article 6FGHN Croatia Wants To Turn Superhot Underground Lake Into a 16MW Geothermal Power Plant

Croatia Wants To Turn Superhot Underground Lake Into a 16MW Geothermal Power Plant

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BeauHD
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A Croatian energy company has discovered an underwater lake of superheated water that meets all the requirements for the construction of a 16MW geothermal power plant. The Next Web reports: The find was the result of a two-year study by state-run power company Bukotermal that sought to find suitable sites for the exploitation of the energy source, generated by heat from the Earth's core. The research verified the presence of a geothermal water source at Lunjkovec -- Kutnjak field, located in the Varazdin County, close to the border with Hungary. The underground lake, located at a depth of 2.4 kilometers, has an average temperature of 142.03 degrees Celsius. To date, over 2.5 million euros has been invested in the project. However, according to Alen Pozgaj, CEO of Bukotermal, the total cost to build the plant would be around 50 million euros. The news comes just days after the Croatian Ministry of Economy and Sustainable Development awarded five licenses for the exploration of geothermal waters to firms from Croatia, the United Kingdom, and Turkey. [...] For now, Bukotermal has a six-month timeframe to propose how it will exploit the newly discovered geothermal pool. The company plans to construct one or more geothermal power plants and heat utilization facilities at the site, with construction expected to start within two years time.

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