CeraPhi Geothermal Development Company

ralph.hardwick

CeraPhi Geothermal Energy News holding image

Grant Awarded to Pickering Town for Heat Assessment

NEWS Grant Awarded to Pickering Town for Heat Assessment​ 28 March 2024 Pickering Town Community Interest Company (CIC) has been awarded a £36,000 grant from the Shared Prosperity Fund managed by North Yorkshire Council to assess the viability of a geothermal heat network for the town of Pickering, using both existing redundant gas wells located near to the town as well as new boreholes. Working with CeraPhi Energy, the UK’s leading geothermal engineering company, and Third Energya local energy company that owns several wells in Ryedale(now a fully owned subsidiary of CeraPhi Limited), the work will build on an assessment already conducted by CeraPhi into decarbonising the Pickering Swimming and Fitness Centre, work that was completed in late 2023 and funded through a grant from the UK Government’s Heat Networks Delivery Unit. This new study will consider a hub-and-spoke approach to cover as much of the geographical footprint of the town as possible. The southern geothermal hub will incorporate both new wells and two of Third Energy’s existing wells that are located about 1.5 km south of the town. In addition to the swimming pool and fitness centre, the study will also incorporate residential properties, businesses, local schools and other public buildings. Using geothermal heat for a community heat network will result in a sustainable and virtually carbon-free heating solution and should also significantly reduce ongoing heating costs for any business or customers connected to the network. Mike Potter, CIC Board Member said “I have been working with Third Energy on the repurposing of their redundant gas infrastructure for several years. Converting this infrastructure for sustainable energy usage to the benefit of the town in the form of lower energy costs but with a significantly smaller carbon footprint is a very exciting possibility. Having CeraPhi Energy involved means we have some of the UK’s leading geothermal engineers assisting us with the assessment.” Russell Hoare, former MD of Third Energy and now Director of Yorkshire Projects for CeraPhi Energy added “We have been working on several geothermal repurposing projects in the surrounding area and have had success in a lot of feasibility work, but this project has the potential to reach many more consumers, businesses and residents than any of our other projects. It’s great to be working with the CIC on this exciting opportunity.” Gary Williams, COO of CeraPhi Energy said “Combining Third Energy’s assets and local knowledge with our geothermal engineering skills means we can provide a bespoke heat network solution for the town of Pickering. This builds on the recent geothermal demonstrator well we operated on one of the Third Energy wells near Kirby Misperton and 28 March 2024 Pickering Town Community Interest Company (CIC) has been awarded a £36,000 grant from the Shared Prosperity Fund managed by North Yorkshire Council to assess the viability of a geothermal heat network for the town of Pickering, using both existing redundant gas wells located near to the town as well as new boreholes. Working with CeraPhi Energy, the UK’s leading geothermal engineering company, and Third Energya local energy company that owns several wells in Ryedale(now a fully owned subsidiary of CeraPhi Limited), the work will build on an assessment already conducted by CeraPhi into decarbonising the Pickering Swimming and Fitness Centre, work that was completed in late 2023 and funded through a grant from the UK Government’s Heat Networks Delivery Unit. This new study will consider a hub-and-spoke approach to cover as much of the geographical footprint of the town as possible. The southern geothermal hub will incorporate both new wells and two of Third Energy’s existing wells that are located about 1.5 km south of the town. In addition to the swimming pool and fitness centre, the study will also incorporate residential properties, businesses, local schools and other public buildings. Using geothermal heat for a community heat network will result in a sustainable and virtually carbon-free heating solution and should also significantly reduce ongoing heating costs for any business or customers connected to the network. Mike Potter, CIC Board Member said “I have been working with Third Energy on the repurposing of their redundant gas infrastructure for several years. Converting this infrastructure for sustainable energy usage to the benefit of the town in the form of lower energy costs but with a significantly smaller carbon footprint is a very exciting possibility. Having CeraPhi Energy involved means we have some of the UK’s leading geothermal engineers assisting us with the assessment.” Russell Hoare, former MD of Third Energy and now Director of Yorkshire Projects for CeraPhi Energy added “We have been working on several geothermal repurposing projects in the surrounding area and have had success in a lot of feasibility work, but this project has the potential to reach many more consumers, businesses and residents than any of our other projects. It’s great to be working with the CIC on this exciting opportunity.” Gary Williams, COO of CeraPhi Energy said “Combining Third Energy’s assets and local knowledge with our geothermal engineering skills means we can provide a bespoke heat network solution for the town of Pickering. This builds on the recent geothermal demonstrator well we operated on one of the Third Energy wells near Kirby Misperton and the work we have already done on the Pickering Swimming and Fitness Centre in town and we look forward to taking this project forward with the CIC.”   ENDS About CeraPhi® CeraPhi is a vertically integrated Geothermal Development Company with proprietary technology and a mission to unlock the thermal heat underground to deliver sustainable, continuous, and totally green 24/7 baseload energy under a “plug and Play” sustainable technology platform anywhere and everywhere. Invest in CeraPhi here https://ceraphi.com/invest/ Previous PostWhitebark Energy Limited signs Heads of Terms with Geothermal Developer CeraPhi EnergyNext PostMaking farming sustainable with geothermal energy About CeraPhi®  CeraPhi is a vertically integrated Geothermal Development Company with proprietary technology and a mission to unlock the thermal heat underground to deliver sustainable, continuous, and totally green 24/7 baseload energy through a “plug and Play”

Grant Awarded to Pickering Town for Heat Assessment Read More »

CeraPhi Geothermal Energy News holding image

Whitebark Energy Limited signs Heads of Terms with Geothermal Developer CeraPhi Energy

NEWS Whitebark Energy Limited signs Heads of Terms with Geothermal Developer CeraPhi Energy​ Whitebark Energy Limited (ASX:WBE) is pleased to announce the signing of a Heads of Terms with international Geothermal Developer CeraPhi Energy to support the development of the Company’s Australian based Geothermal assets. CeraPhi Energy specialises in Geothermal technology solutions and delivery, including providing Geothermal development consultancy services and deploying it’s proprietary CeraPhiWell™ technology. The newly formalised collaboration follows Whitebark’s recent announcement of its successful award of an exploration license application for Geothermal Energy (‘EPG’) consisting of 190 sub-blocks within the Greater Brisbane and Gold Coast Region, approximately 25km from Brisbane in South-East Queensland. Whitebark Energy Limited (ASX:WBE) is pleased to announce the signing of a Heads of Terms with international Geothermal Developer CeraPhi Energy to support the development of the Company’s Australian based Geothermal assets. CeraPhi Energy specialises in Geothermal technology solutions and delivery, including providing Geothermal development consultancy services and deploying it’s proprietary CeraPhiWell™ technology. The newly formalised collaboration follows Whitebark’s recent announcement of its successful award of an exploration license application for Geothermal Energy (‘EPG’) consisting of 190 sub-blocks within the Greater Brisbane and Gold Coast Region, approximately 25km from Brisbane in South-East Queensland. Previous PostCeraPhi Acquires former fracking company…Next PostGrant Awarded to Pickering Town for Heat Assessment About CeraPhi®  CeraPhi is a vertically integrated Geothermal Development Company with proprietary technology and a mission to unlock the thermal heat underground to deliver sustainable, continuous, and totally green 24/7 baseload energy through a “plug and Play” sustainable technology platform.  To find out more and to explore investment opportunities with CeraPhi visit www.ceraphi.com For media inquiries and further information, please contact Holly Harvey-Perdicou holly.harvey-perdicou@ceraphi.com

Whitebark Energy Limited signs Heads of Terms with Geothermal Developer CeraPhi Energy Read More »

Third Energy logo white

CeraPhi Acquires former fracking company…

NEWS CeraPhi Acquires former fracking company… 5th February 2024 CeraPhi Energy has acquired the business of Third Energy Limited, a former shale gas development company with plans to repurpose the existing wells into clean geothermal energy centres. The acquisition includes the subsidiaries, namely Third Energy Trading Limited, Wolfland Renewables Limited, Wolfland Utilities Limited, Third Energy UK Gas Limited, and the 50% holding in West Heslerton Renewables Limited. The assets located in North Yorkshire UK, include 8 well sites consisting of 12 former gas wells in a suspended state, 22.4 km of 6-inch and 16.6 km of 3-inch subterranean pipelines and a further 22.4 km of buried fibre optic comms lines. CeraPhi is the UK’s leading closed-loop geothermal energy developer using its proprietary CeraPhiWell™ system and CeraPhiPro™ modelling software providing an end-to-end solution for closed-loop geothermal energy anywhere for everyone. CeraPhi completed a commercial demonstration of its CeraPhiWell™ system earlier in the summer using the Third Energy KMA site. CeraPhi’s strategy is to de-risk the scaling and commercialisation of large-scale heat networks using boreholes down to a depth of 2km, reducing the space required for deployment of large-scale systems and increasing the extraction of thermal energy available for network connections. By both drilling new wells and repurposing end-of-life and non-producing oil and gas wells, the CeraPhi solution will provide “huge commercial potential” for the scaling of geothermal heat networks in the UK and globally.  CeraPhi Energy™ CEO Karl Farrow said:  “The decarbonisation of heat represents a huge UK and global challenge in meeting our net zero targets. Combined with the continued insecurity customers face with volatility and seasonal cost of fossil fuels, we have to move geothermal energy to scale to reduce the cost of deploying direct use heat, which is an endless resource not subject to price fluctuation, enabling a move away from our dependency on fossil fuels within our day to day energy mix. By using the inexhaustible resource beneath our feet using closed-loop technology we can access this energy anywhere with zero environmental risk, requiring no hydraulic fracturing, no use of water and providing enough energy within the next 15 years to solve our energy crisis indefinitely. “ Third Energy Managing Director Russell Hoare said:  “At Third Energy we’ve been pursuing a transition strategy for several years now with geothermal energy at the centre of that strategy and in CeraPhi we have found a capable and accomplished partner, as proven by the successful geothermal demonstrator project at our KMA site this summer. Bringing together the expertise of CeraPhi with the assets of Third Energy is a natural progression and I look forward to working with Karl and his team to continue the story.” Previous PostWhen we Solve Geothermal we Solve Energy…Next PostWhitebark Energy Limited signs Heads of Terms with Geothermal Developer CeraPhi Energy About CeraPhi®  CeraPhi is a vertically integrated Geothermal Development Company with proprietary technology and a mission to unlock the thermal heat underground to deliver sustainable, continuous, and totally green 24/7 baseload energy through a “plug and Play” sustainable technology platform.  To find out more and to explore investment opportunities with CeraPhi visit www.ceraphi.com For media inquiries and further information, please contact Holly Harvey-Perdicou holly.harvey-perdicou@ceraphi.com

CeraPhi Acquires former fracking company… Read More »

SustainablEarth Podcast featuring Karl Farrow from geothermal company CeraPhi Energy with Sustainable earth CEO Jose Luis Caceres

When we Solve Geothermal we Solve Energy…

NEWS When we Solve Geothermal we Solve Energy… 22 January 2024 Tune into this SustainablEarth Podcast featuring Karl Farrow the visionary and leader behind CeraPhi Energy, and the Geothermal Energy Advancement Association (GEAA), with Sustainablearth CEO Jose Luis Caceres who dives into the mission and vision of the organisation, plans for the near future, and how geothermal professionals and enthusiasts can get involved; as well as Karl’s vision and outlook for the future of energy, about energy transition, and particularly of geothermal. https://youtu.be/H6PHGyGER1s?si=cheuV4Mzdt17O_rO Previous PostGeothermal Energy gets a Financial Boost…Next PostCeraPhi Acquires former fracking company… About CeraPhi®  CeraPhi is a vertically integrated Geothermal Development Company with proprietary technology and a mission to unlock the thermal heat underground to deliver sustainable, continuous, and totally green 24/7 baseload energy through a “plug and Play” sustainable technology platform.  To find out more and to explore investment opportunities with CeraPhi visit www.ceraphi.com For media inquiries and further information, please contact Holly Harvey-Perdicou holly.harvey-perdicou@ceraphi.com

When we Solve Geothermal we Solve Energy… Read More »

Geothermal company CeraPhi join forces with Climate Change Ventures

Geothermal Energy gets a Financial Boost…

NEWS Geothermal Energy gets a Financial Boost…   28th January 2024 UK Geothermal Energy pioneers CeraPhi Energy, and Climate Change Ventures (CCV), the integrated financial services and green project development specialists, have joined forces to exploit their knowledge and experience in bringing terrestrial, thermally derived green energy to the marketplace with CCV facilitating significant investment in CeraPhi’ s portfolio of projects. CeraPhi has pioneered the use of advanced “closed loop” geothermal technologies, which can be optimised to re-use redundant Oil and Gas wells in a cost-effective, highly efficient way.  With a portfolio of acquisitions, they are now set to exploit a series of opportunities, promising shortened development timeframes, and much needed, 24/7 supplies of heat and derived energy at attractive costs of production. CCV, is bringing project finance, using a “Green Bond” mechanism to enable CeraPhi to help realise their vision to exploit “the heat beneath our feet”. The arrangement was concluded in an agreement between both parties signed by Karl Farrow, CEO of CeraPhi, and Horacio Carvalho, CEO of CCV. Karl Farrow said, “CeraPhi has developed a portfolio of projects around the reusing of end-of-life Oil and Gas wells over the last 12 months, whilst working with CCV to develop a viable financial model to accelerate our project development as a leader in the geothermal energy utility space.” The availability of funding through the facility set up by CCV will allow the company to deliver multiple commercial-scale geothermal energy projects, which will help consolidate our position as a leader in the geothermal energy space. We are a mission-driven business and initiatives like this are what are required to shift the trajectory in carbon reduction and to help governments achieve Net Zero targets”. Horacio Carvalho commented, “We have been observing the innovative approach to green heat and power production adopted by CeraPhi for some time now, and we have grown to appreciate the true potential that they can provide for reducing greenhouse gases and making our planet a safer place. We are delighted to be working alongside them in funding our joint ambition to bring to the market their contribution to solving the climate crisis problem. Exciting times lie ahead.” Previous PostCeraPhi Awarded “One to Watch” AwardNext PostWhen we Solve Geothermal we Solve Energy… About CeraPhi®  CeraPhi is a vertically integrated Geothermal Development Company with proprietary technology and a mission to unlock the thermal heat underground to deliver sustainable, continuous, and totally green 24/7 baseload energy through a “plug and Play” sustainable technology platform.  To find out more and to explore investment opportunities with CeraPhi visit www.ceraphi.com For media inquiries and further information, please contact Holly Harvey-Perdicou holly.harvey-perdicou@ceraphi.com

Geothermal Energy gets a Financial Boost… Read More »

EEEGR One to Watch Award 2023

CeraPhi Awarded “One to Watch” Award

NEWS CeraPhi AwARDED “One to Watch” Award​ 05 December 2023 EEEGR Awards Dinner & End Of Year Celebration Celebrating another award for the Geothermal Development Company – CeraPhi Energy team at the EEEGR (East of England Energy Group) Annual Awards Ceremony “One to Watch” 2023, Dunston Hall Estate fantastic achievement to the team and the efforts and milestones achieved this year….  The EEEGR awards and end of year dinner brings together the East of England’s business community to celebrate the amazing achievements and milestones of our local companies, individuals and EEEGR members. One to Watch – sponsored by Generate – new start ups or small businesses (open to all)   Previous PostCeraPhi Drilling Solutions is bornNext PostGeothermal Energy gets a Financial Boost… About CeraPhi®  CeraPhi is a vertically integrated Geothermal Development Company with proprietary technology and a mission to unlock the thermal heat underground to deliver sustainable, continuous, and totally green 24/7 baseload energy through a “plug and Play” sustainable technology platform.  To find out more and to explore investment opportunities with CeraPhi visit www.ceraphi.com For media inquiries and further information, please contact Holly Harvey-Perdicou holly.harvey-perdicou@ceraphi.com

CeraPhi Awarded “One to Watch” Award Read More »

CeraPhi Geothermal Energy Company Ring Logo

Newsletter 11

energeo newsletter 11 To read previous editions of the EnerGeo Newsletter or see our latest news stories please click here. Previous NewsletterNewsletter 10Next NewsletterNewsletter 12 About CeraPhi®  CeraPhi is a vertically integrated Geothermal Development Company with proprietary technology and a mission to unlock the thermal heat underground to deliver sustainable, continuous, and totally green 24/7 baseload energy through a “plug and Play” sustainable technology platform.  To find out more and to explore investment opportunities with CeraPhi visit www.ceraphi.com For media inquiries and further information, please contact Holly Harvey-Perdicou holly.harvey-perdicou@ceraphi.com

Newsletter 11 Read More »

Scroll to Top