New geothermal energy fund warmly welcomed by Eden and EGS Energy Ltd

New geothermal energy fund warmly welcomed by Eden and EGS Energy Ltd

The news that funding is to be made available for the development of geothermal energy in Cornwall has been hailed as a major breakthrough by the Eden Project and its partner EGS Energy Ltd.

The Department for Communities and Local Government has just released a call for proposals for £10.6m of funding from the European Regional Development Fund.

Alongside Cornwall-based EGS Energy, the Eden Project has been actively campaigning for funding for its planned geothermal power plant on its site, a former China Clay quarry at Bodelva near St Austell. It would be the first of its kind in the UK.

Read the full report here.


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