Cornwall Council votes to support a second geothermal project in Cornwall at the Eden Project
At the Full Council meeting of 22 May, members voted to support a £1.4m grant to Eden-EGS Energy to unlock a new deep geothermal project at the Eden Project, near St Austell. The funding from the Council is subject to the Eden Project achieving funding from other sources.
The project, proposed by EGS Energy in partnership with Eden in Bodelva near St Austell, involves drilling a well to gain access to the hot rocks below, creating enough heat and electricity to potentially power the Eden Project and surrounding homes.
The project is the second deep geothermal exploration project to receive match funding from the Council since 2016. Eden-EGS Energy will join Geothermal Engineering Limited (GEL), which secured funding of £10.6 million from the European Regional Development Fund in 2017 to drill two deep geothermal wells from its site within the United Downs Industrial Estate and build a 1MW pilot power plant to demonstrate the technical and commercial viability of supplying electricity initially and potentially heat. Drilling at United Downs will begin later this year.
The project at United Downs was made possible after a grant of £2.4m by Cornwall Council unlocked a further £5m from private investors to match the European funding.