GA Drilling and European Commission VP meet to discuss geothermal

GA Drilling meets with European Commission Executive VP Frans Timmermans (source: European Commission in the Slovak Republic Twitter account @ZEKvSR)

Kociš to Timmermans: “Geothermal could replace fossil and nuclear by providing clean baseload energy, anywhere.“ 

During his visit to Slovakia last week, the First Vice-President of the European Commission, Frans Timmermans, visited GA Drilling, a.s., a geothermal technology company. After inspecting the experimental site at the company headquarters near Bratislava, Timmermans discussed with Igor Kociš, founder and CEO of GA Drilling, the potential of deep geothermal energy to solve the main challenge of the renewable energy mix by providing baseload energy and grid stability.

“This winter, we have seen how the weather can cause even the largest wind farms to fail to deliver enough energy for industry and people’s homes. With the First Vice-President of the European Commission, Timmermans, we talked about how this could undermine the process of replacing fossil and nuclear with renewables, putting the whole planet in danger. Mr. Timmermans is acutely aware of the situation and showed a lot of interest in our technology of deep drilling that could soon tap the vast energy resources anywhere,” said Igor Kociš.

Once commercialized, superhot rock geothermal energy could make a transformational contribution to global energy system decarbonization. The main challenges of drilling in the superhot rock are high pressure and temperature that slow down the conventional drilling and significantly increase its costs. However, they can be overcome by innovative energy drilling tools such as the Plasmabit drilling bit developed by GA Drilling.

Igor Kocis, CEO of GA Drilling, is confident that it will happen soon: “In the next decade, we will already see the first commercial energy installations using the heat generated by a superhot rock in deeper layers of the Earth’s crust.”

Source: Press release