ThermoDrill

Expected Results & Impacts

  • 100% higher rate of penetration in hard rock formations leads to a significant increase in drilling performance;
  • 30% cost reduction in well construction greatly reduces the costs involved in deep geothermal drilling;
  • Higher cost-efficiency and drilling performance enhance the viability of geothermal heating and cooling technologies;
  • Drilling technology “made in Europe” will provide a boost for European industry, creating growth and jobs;
  • Sustainable use of geothermal heat as a renewable resource will improve EU energy security and make a major contribution to solving climate and energy challenges.