Ecotricity has signed a Power Purchase Agreement (PPA) for geothermal power with Geothermal Engineering, making it the first UK supplier of geothermal energy.
On 5 January, Current News reported that the PPA will see Ecotricity distribute 3MW of baseload electricity to customers through the national grid, 24 hours a day, seven days a week, from the UK’s first geothermal power plant. Geothermal Engineering’s United Downs Project, situated in Cornwall, is set to be operational in early 2022.
Geothermal power could eventually produce 10% of the UK’s energy needs, it was noted, with Geothermal Engineering already targeting a further expansion of its operations. It is aiming to secure planning for sites with a minimum capacity of 5MW of electricity and up to 20MW of renewable heat over the next two years. Together with partners Thrive Renewables and the European Regional Development Fund, it is aiming to raise £200mn to support its continue expansion.