Geothermal heating contract signed for Munich municipalities, Germany

GeoEnergie Taufkirchen (GET) has signed a contract to supply 21,000 MWh of geothermal heat each year to BioEnergie Taufkirchen (BET) that runs until 2033. With this long-term cooperation, district heating from renewable sources will supply large parts of Hohenbrunn, Neubiberg, Ottobrunn, Taufkirchen, and Brunnthal in the southern district of Munich in Germany.

“Our goal was clear from the outset: we wanted to supply as many citizens and companies from a wide range of municipalities as possible with renewable energy at favourable and stable prices that are as CO₂ -free as possible. With the signing of the contract, this goal is now secured for the long term,” said Thomas Hümmer, Managing Director of GeoEnergie Taufkirchen.

GeoEnergie Taufkirchen’s geothermal plant, in operation since 2013, feeds geothermal heating intro the the district heating network of Gemeindewerke Oberhaching (GWO) and into the district heating networks of Stadtwerke München (SWM) for BET. The shareholders of GET are GWO, BET, Geysir Europe GmbH and Taufkirchen Holding GmbH & Co KG. Geysir Europe and Taufkirchen Holding are companies of the IKAV Group, an international asset management company that develops and invests in renewable energy projects in Europe, among other things.

“After an extensive negotiation phase, we have succeeded in concluding a new long-term heat supply contract. It makes an important contribution to the sustainable supply of heat across municipal boundaries. The cooperation between BET and GET is based on a common goal. It is about the success of the heating transition and the secure and reliable supply of renewable energy to our customers,” added Stefan Birle, Managing Director of BioEnergie Taufkirchen.

BioEnergie Taufkirchen GmbH & Co KG is a wholly owned subsidiary of SWM. It operates a biomass cogeneration plant that utilises regional wood waste and wood chips, mainly from the surrounding forests. BET generates around 25,000 MWh of green electricity and around 100,000 MWh of green heat per year through combined heat and power generation. The green electricity is fed into the electricity grid and the green heat into the SWM district heating networks of the “Region Süd”.

Source: IKAV