Kromann Reumert advises AffaldVarme Aarhus on agreement for EU's largest geothermal heating plant
The utility company AffaldVarme Aarhus has entered into a 30-year agreement with A.P. Møller's geothermal-based heating company Innargi on construction and operation of Europe's largest geothermal district heating plant and supply of geothermal district heating. Kromann Reumert assisted AffaldVarme Aarhus in negotiating and concluding the agreement.
The 110 MW plant can start supplying heat to the citizens of Aarhus in 2025 and will, when fully operational in 2030, cover about 20% of the district heating requirement in Aarhus.
Experts from Kromann Reumert's energy law team have assisted in drafting and concluding the agreement. Contact Erik Bertelsen or Matilde Juul.
What is geothermal energy?
Geothermal energy is the thermal energy originating from the Earth's core. In many places in Denmark, it is possible to find 60-80°C hot geothermal water 2-3 kilometres below the surface. In a geothermal plant, the hot geothermal water is pumped to the surface, after which the heat is harvested and transferred to the district heating network in a closed circuit. The geothermal water is then pumped back to the subsurface. This energy source is inexhaustible.
Read more: EU’s største geotermiske fjernvarmeanlæg bygges i Aarhus (affaldvarme.dk) and EU’s largest geothermal plant to be built in Denmark (apmoller.com)
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