Research consortium receives €10m EU grant
The SHiFT research consortium has received a EUR 10 million grant from the EU to develop and test technologies to harness geothermal resources beyond 400 °C.
A conventional geothermal production utillizes „only“ the uppermost parts of the geothermal systems. A typical depth of a geothermal well is around 2.5 km and the temperature of the formation is around 240°C–330°C and the fluid there is at boiling point curve in the hottest part of the system. The deeper parts of the geothermal systems are not well known. Direct measurements are only available from the uppermost 2-3 km of the formation where wells have been drilled. One can however assume that there is a lot of hot rocks below the conventional system and beeing able to mine the heat from there would make huge resources available for power production.
IDDP3 project receives highest grant from the Government of Iceland
ISK 309,695,500 has been granted through the Climate and Energy Fund. Drilling of IDDP3 is scheduled to begin by the end of 2026.
Season Greetings 2020 test
The IDDP-2 well has still not been flow tested. The well proved to be blocked at about 777 m depth. The blockage was removed by injection in mid-October 2020. A
Season Greetings test
The IDDP-2 Flow Test was initiated 11. December 2019 by using air compressor in order to get the well flowing. The process is still ongoing and we expect the well
SAGA Report No 12 test
An IDDP-2 Flow Test Kick of Meeting was conducted in Reykjavik, 12th August 2019, and is reported in SAGA Report No. 12. According to this report the flow test was expected to
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