Bucharest, Romania (source: seisdeagosto, CC BY-SA 2.0 , via Wikimedia Commons)
Green Tech International seeks to decarbonize the district heating system of Bucharest, Romania through integration with local geothermal energy.
Geothermal company Green Tech International has launched a project that seeks to modernize and integrate local geothermal energy into the district heating system of Bucharest, Romania. The project will require an investment of around EUR 200 million, for which the company has already applied for funding support from the EU Modernization Fund.
The planned project was announced through the company’s 2025 Preliminary Consolidated Financial Results report.
The project involves connecting existing geothermal wells in the northern part of Bucharest to a modern geothermal plant capable of producing over 595,000 MWh of thermal energy annually. This is envisioned to reduce CO2 emissions by about 127,000 tons per year while reducing the region’s vulnerability to natural gas price volatility, thus ensuring long-term price stabilization for end-users. Furthermore, the development risks of the project have already been significantly reduced as it uses a local geothermal resource that has already been drilled and tested.
Geothermal heating in greenhouses
As reported previously by ThinkGeoEnergy, Green Tech International is also involved in developing geothermal greenhouse projects through its Horti Green Invest SA subsidiary. The company reports that it has not signed a contract for the modernization and expansion of the greenhouse complex in Ciocaia, Bihor County. This project aims to develop a 9-ha greenhouse complex using hydroponic technology to grow cherry and cocktail tomatoes.
Geothermal heating is envisioned to reduce the operating costs of the greenhouse operations while ensuring year-round production and premium positioning through superior produce quality.
The company is also developing an even larger, 19-ha hydroponic greenhouse complex in Lovrin, Timis County. The environmental permit has already been granted for the project by the Timis Environmental Protection Agency, with the building permit to be obtained in the future. The company owns nine geothermal wells in the area, which will provide heating to the greenhouses and generate electricity through two 1.2 MW cogeneration engines.
Source: Green Tech International