Key Information
Investment
ERDF | £13,667,000.00 | |
Cornwall Council | £1,400,000.00 | |
Private Sector Equity Funding | £5,200,000.00 | |
Total | £20,267,000.00 |
Status
Active
Fund
ERDF
Fund Theme
Climate change and low carbon
Learn about the role of the Growth Programme, funding and its outcomes along with key facts and figures
Learn about active and delivered projects, how they were funded and their outcomes.
Learn about Growth Programme projects in your area
Learn about how individuals and businesses have benefited from projects.
Search our list of common questions and answers
Search our library of key documents for further information
Funding calls for new projects are now closed under the ESIF Growth Programme 2014-2020.
Funding that supports the economic development of the region. Categories covered include:
Funding that supports employment as well as promoting economic and social cohesion. Categories covered include:
Funding that helps the development of rural areas. Categories covered include:
Learn about live and delivered Projects, how they were funded and their outcomes.
Search our list of common questions and answers
Get support from one of our funded projects.
If you are looking for free, impartial and independent business or skills advice visit the Cornwall & Isles of Scilly Growth and Skills Hub.
Residents of Cornwall and the Isles of Scilly who are currently unemployed and looking for support to help access work or training, can access free, confidential and impartial guidance from the People Hub.
For general and media enquiries regarding the Programme, get in touch with the Growth Programme communications team growthprogramme@cornwall.gov.uk
Projects
The project will drill and test the first 4,500m deep demonstration well for a geothermal energy system, at the Eden Project (Eden) in mid-Cornwall, followed by one year of heat production to demonstrate greenhouse gas (GHG) savings. It will build on existing research and knowledge of the deep geothermal energy resource in Cornwall by providing greater understanding of the geology at depth, enabling potential resources in the region to become characterised as reserves. The project will be delivered by a team with specialist knowledge and expertise in the development of this type of geothermal system. Once completed, the project will contribute to the initiatives to create a thriving renewable energy industry sector for the county and for the UK. It is envisaged the project will enable the subsequent development of a deep geothermal heat and power plant at Eden, comprising two 4,500m wells and a Combined Heat and Power plant.
ERDF | £13,667,000.00 | |
Cornwall Council | £1,400,000.00 | |
Private Sector Equity Funding | £5,200,000.00 | |
Total | £20,267,000.00 |
Active
ERDF
Climate change and low carbon
Learn about the role of the Growth Programme, funding and its outcomes along with key facts and figures
Learn about active and delivered projects, how they were funded and their outcomes.
Learn about Growth Programme projects in your area
Learn about how individuals and businesses have benefited from projects.
Search our list of common questions and answers
Search our library of key documents for further information
Funding calls for new projects are now closed under the ESIF Growth Programme 2014-2020.
Funding that supports the economic development of the region. Categories covered include:
Funding that supports employment as well as promoting economic and social cohesion. Categories covered include:
Funding that helps the development of rural areas. Categories covered include:
Learn about live and delivered Projects, how they were funded and their outcomes.
Search our list of common questions and answers
Get support from one of our funded projects.
If you are looking for free, impartial and independent business or skills advice visit the Cornwall & Isles of Scilly Growth and Skills Hub.
Residents of Cornwall and the Isles of Scilly who are currently unemployed and looking for support to help access work or training, can access free, confidential and impartial guidance from the People Hub.
For general and media enquiries regarding the Programme, get in touch with the Growth Programme communications team growthprogramme@cornwall.gov.uk