RENEWABLE ENERGY

Petratherm finds Spanish treasure

ADELAIDE-based geothermal developer Petratherm's feasibility study into the use of geothermal energy to heat homes and businesses in Madrid, Spain, has yielded an unexpected boon that could lower overall project costs by about 29%.

Detailed inspections of two geothermal wells at the site have confirmed that one of the wells could be used as an injector well for the planned 8-megawatt thermal district heating project, reducing costs...

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