'Groundbreaking': Cornwall geothermal project seeks funds

clock • 4 min read

The UK's first geothermal plant could come online as soon as 2020 - research suggests the technology could one day generate a fifth of the nation's power

A pioneering project to produce power from hot rocks several kilometres under the ground in Cornwall will begin drilling early next year, if a multimillion-pound fundraising drive succeeds. Abundance,...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Infrastructure

Households near new pylons set to receive £250 off their energy bills

Households near new pylons set to receive £250 off their energy bills

Government unveils plan to offer those living near new pylon projects money off their energy bills, as Labour warns opposition to transmission lines risks driving up costs for everyone

James Murray
clock 07 August 2025 • 5 min read
Plans unveiled for Manchester energy park which aims to host 'Europe's largest' data centre
IT

Plans unveiled for Manchester energy park which aims to host 'Europe's largest' data centre

Carlton Power and Eclipse Power Optimise joint venture aims to develop private grid network for the park backed by 500MW of onsite low carbon power generation

BusinessGreen staff
clock 28 July 2025 • 2 min read
Government sets outs vision for up to 66GW of flexible power capacity by 2030

Government sets outs vision for up to 66GW of flexible power capacity by 2030

Clean Flexibility Roadmap targets 51GW to 66GW of flexible power capacity by 2030 in support of the government's 2030 clean power mission

Michael Holder
clock 23 July 2025 • 5 min read