MoU signed with SSE
We signed a Memorandum of Understanding (MoU) with SSE for the development of the geothermal district heating project in the Stoke-on-Trent (“the Project”).
SSE will develop and deliver the district heating network working with GTE and Stoke-on-Trent City Council.
The MoU grants exclusivity to each of SSE and GTE with regard to the Project for a period of 12 months with certain milestones including executing a heat offtake agreement in relation to GTE’s future geothermal plant.
Giles Newton, Head of Business Development for SSE Energy Solutions, said:
“We are delighted to announce our partnership with GT Energy which will help us to fully explore the feasibility of providing heat offtake from their future geothermal project in the Stoke area. We have proven expertise in the sector, with our 19 existing UK heat network sites, and we believe that geothermally sourced energy will play a vital role in decarbonising heat, as well as having the potential to tackle ‘hard to decarbonise’ process heat. We look forward to developing the Stoke City project with GT Energy over the next 12 months”.