of Geothermal Energy

NEXT GENERATION

HOLISTIC GEOTHERMAL DEVELOPMENT

in South Eastern Europe

PERFECT START

INNOVATIVE TECHNOLOGY

KEY FACTS

LIFECYCLE CO2 EMISSIONS

(median) (grams CO2/kWh)

CAPACITY FACTOR PERCENTAGE

(%)

Coal - 820 grams CO2/kWh
Biomass - 230 grams CO2/kWh
Solar - 42 grams CO2/kWh
Classical Geothermal - 38 grams CO2/kWh
Nuclear - 12 grams CO2/kWh
Wind - 11 grams CO2/kWh
CLEAG Geothermal - 5 grams CO2/kWh
Coal - 85 %
Biomass - 83 %
Solar - 24 %
Classical Geothermal - 95 %
Nuclear - 90 %
Wind - 35 %
CLEAG Geothermal - 95 %
SOURCE 1: 2014 IPCC, Global warming potential of selected electricity sources
SOURCE 2: 2013, ökozentrum Langenbruck, CLEAG lifecycle CO2 Emissions

OUR DISTINCTIVE ADVANTAGES

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Affordable & Economical

  • Lowest levelized costs compared to other energy sources
  • Feasible alternative to conventional energy sources
  • Commercially self-sustaining

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Efficient

  • Fully utilizing the geothermal hot brine
  • Base-load: Plants running at an average capacity factor of 92%
  • Capturing two sources of energy: dissolved natural gas & hot water
  • Locally-generated heat, minimizing losses due to transport or distribution

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Global Potential

  • Geothermal hot brines exist globally
  • Natural deposits of aquifer gas reservoirs estimated higher than any other gas resource

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Modular & Scalable

  • Modular design allows great flexibility, adaptable to local geology
  • Plug & play, drill and construct entire facility within 16 months
  • Low maintenance cost
  • Decentralized: No dependence on high-voltage grid

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A combination of proven technologies

  • Entirely based on existing, well-known components from other industries

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Renewable and green

  • CO2 is captured & safely re-injected, protecting the climate & releasing new methane in aquifer
  • Very low CO2 footprint: ~98% capture rate, aiming for zero-emissions

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Strong Partnerships

  • We place high importance on building and maintaining a robust business network
  • Close cooperation with industry-leading partners and with governments at all levels

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Proven & Patented

  • Our demo plant in Croatia proved the feasibility of the concept
  • CLEAG technology is patented

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OUT with the old…

  • Improve the efficiency and CO2 footprint of outdated geothermal power plants
  • Get more from depleted oil/gas fields

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…and IN with the new

  • Awarded €14.7 M by one of the world’s largest funding programs for innovative low carbon energy technology – NER300 – run by the European Commission

TECHNOLOGY DESCRIPTION

What is an aquifer?

Power plant concept

Technology scheme