Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Iran conflict raises risk of oil and LNG supply shock, Enverus says

March 3, 2026

Apple raises MacBook prices across the board

March 3, 2026

Apple Raises Prices of New MacBooks As Memory Shortage Continues

March 3, 2026
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » GEL Starts Up UK’s First Geothermal Plant
Middle East

GEL Starts Up UK’s First Geothermal Plant

omc_adminBy omc_adminMarch 3, 2026No Comments4 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


The United Kingdom is now producing geothermal electricity for the first time thanks to Geothermal Engineering Ltd’s flagship project at the United Downs Industrial Site in Redruth, Cornwall.

Concurrently GEL also launched commercial-scale production of “zero-carbon” lithium carbonate, a raw material for rechargeable batteries, at the United Downs facility, said a joint statement by GEL and GEL investor Kerogen-CX Capital. The facility has a lithium carbonate capacity of 100 metric tons a year.

“By combining constant domestic power generation with critical mineral extraction at a single site, United Downs demonstrates the strategic potential of geothermal to strengthen energy security, decarbonize industry and support regional economic growth”, GEL chief executive Ryan Law said.

The plant delivers 24/7 baseload renewable power. GEL has entered into an agreement to sell at least 3 megawatts (MW) from the plant, enough for about 10,000 UK households, to Octopus Energy, the statement said.

The plant’s initial generation capacity is 3 MW, with plans to add more units with a capacity of 6 MW each, GEL says on its website.

In 2023 GWL won the UK’s first-ever “contracts for difference” for geothermal energy covering three sites in Cornwall: United Downs, Manhay and Penhallow.

The United Downs deep geothermal plant was drilled to over five kilometers (3.11 miles), the statement said. Water in the excavation exceeds 190 degrees Celsius (374 degrees Fahrenheit).

Advertisement – Scroll to continue

“This is a huge advancement for geothermal power in the UK and the beginning of our expansion plans”, Law said.

“Geothermal energy and critical minerals extraction are naturally complementary as they share the same subsurface resource. The hot, mineral-rich fluids that generate clean electricity can also be processed to recover strategic materials like lithium as well as rare earth minerals.

“Therefore, collocating power and mineral extraction plants maximizes capital investment in the wells, minimizes surface disruption (as everything happens underground, not via huge open cast mines at the surface) and accelerates the transition to secure domestic supply in both sectors”.

Kerogen-CX CEO Jason Cheng said, “We believe the sector is at an inflection point and are committed to scaling it across the UK and Europe”.

Kerogen-CX invested GBP 15 million ($20 million) to support the construction of the project and accelerate the buildout of GEL’s geothermal operation in the UK, the statement said.

GEL is also backed by Thrive Renewables PLC.

To contact the author, email jov.onsat@rigzone.com


What do you think? We’d love to hear from you, join the conversation on the

Rigzone Energy Network.

The Rigzone Energy Network is a new social experience created for you and all energy professionals to Speak Up about our industry, share knowledge, connect with peers and industry insiders and engage in a professional community that will empower your career in energy.

element
var scriptTag = document.createElement(‘script’);
scriptTag.src = url;
scriptTag.async = true;
scriptTag.onload = implementationCode;
scriptTag.onreadystatechange = implementationCode;
location.appendChild(scriptTag);
};
var div = document.getElementById(‘rigzonelogo’);
div.innerHTML += ” +
‘RIGZONE Empowering People in Oil and Gas‘ +
”;

var initJobSearch = function () {
////console.log(“call back”);
}

var addMetaPixel = function () {
if (-1 > -1 || -1 > -1) {
/*Meta Pixel Code*/
!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window, document,’script’,
‘https://connect.facebook.net/en_US/fbevents.js’);
fbq(‘init’, ‘1517407191885185’);
fbq(‘track’, ‘PageView’);

/*End Meta Pixel Code*/
} else if (0 > -1 && 66 > -1)
{
/*Meta Pixel Code*/
!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window, document,’script’,
‘https://connect.facebook.net/en_US/fbevents.js’);
fbq(‘init’, ‘1517407191885185’);
fbq(‘track’, ‘PageView’);
/*End Meta Pixel Code*/
}
}

// function gtmFunctionForLayout()
// {
//loadJS(“https://www.googletagmanager.com/gtag/js?id=G-K6ZDLWV6VX”, initJobSearch, document.body);
//}

// window.onload = (e => {
// setTimeout(
// function () {
// document.addEventListener(“DOMContentLoaded”, function () {
// // Select all anchor elements with class ‘ui-tabs-anchor’
// const anchors = document.querySelectorAll(‘a .ui-tabs-anchor’);

// // Loop through each anchor and remove the role attribute if it is set to “presentation”
// anchors.forEach(anchor => {
// if (anchor.getAttribute(‘role’) === ‘presentation’) {
// anchor.removeAttribute(‘role’);
// }
// });
// });
// }
// , 200);
//});



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Oil is Iran’s Weapon of Choice

March 3, 2026

USA Has No Immediate Plan to Tap Oil Reserve

March 3, 2026

UK, Texas Industry Bodies Comment on Middle East Conflict

March 3, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Federal Reserve cuts key rate for first time this year

September 17, 202513 Views

Inflation or jobs: Federal Reserve officials are divided over competing concerns

August 14, 20259 Views

Oil tanker rates to stay strong into 2026 as sanctions remove ships for hire – Oil & Gas 360

December 16, 20258 Views
Don't Miss

Iran conflict raises risk of oil and LNG supply shock, Enverus says

By omc_adminMarch 3, 2026

Escalating tensions between the U.S. and Iran are raising the risk of significant disruptions to…

Infrastructure attacks, Hormuz shutdown driving oil surge, analysts say

March 3, 2026

EcoVadis Launches Supplier Network to Drive Supply Chain Resilience

March 3, 2026

Northern Lights Expands CO2 Storage To 5 Million Tonnes As Europe Builds Industrial Carbon Market

March 3, 2026
Top Trending

Global economy must stop pandering to ‘frivolous desires of ultra-rich’, says UN expert | Environment

By omc_adminMarch 3, 2026

KPMG Appoints Gauthier Acket as Head of Global ESG

By omc_adminMarch 3, 2026

Australia just experienced its wettest summer in nearly a decade – and the eighth-hottest on record | Australia news

By omc_adminMarch 3, 2026
Most Popular

The 5 Best 65-Inch TVs of 2025

July 3, 202515 Views

AI’s Next Bottleneck Isn’t Just Chips — It’s the Power Grid: Goldman

November 14, 202514 Views

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views
Our Picks

Argentina expands incentives to spur Vaca Muerta shale oil investment

March 3, 2026

Oil is Iran’s Weapon of Choice

March 3, 2026

GEL Starts Up UK’s First Geothermal Plant

March 3, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.