Specific provision has now been made for drilling of geothermal wells in the Government’s recently launched Green Heat Network Fund (GHNF). This now gives us a clearer line of sight to development as we firm up a number of rapidly emerging opportunities.
The GHNF Transition Scheme is a three year £288 million capital grant fund supporting the commercialisation and construction of new low and zero carbon heat networks including the drilling of deep geothermal wells and associated works.
