Frequently Asked Questions
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Frequently Asked Questions (FAQs)
01 - Why Endoria Energy as General Contractor?
Endoria combines the emerging SuperHot Geothermal opportunity with many years of accumulated expertise from the oil & gas drilling industry. For this Endoria is developing an integrated ultra-deep geothermal platform combining advanced drilling, subsurface engineering, EGS development and on-site power generation for industrial customers.
Endoria acts as the single point of responsibility for the integrated development and execution of the project. Endoria acts as the General Contractor coordinating the entire project and managing its execution with the aim to deliver a turn-key project.
Endoria unleashes the largest untapped and overlooked energy source on earth: geothermal energy. Given its key advantages, it is clear this source must be explored. EGS offers so many benefits with so few drawbacks that it is easy to mistakenly think: 'if it sounds too good to be true, it probably isn't true'.
Endoria will put the right people in place during all phases of the process whereas OOS Energy will be the drilling contractor:
1) Research Phase:
- Analysis of the energy-request (heat, electricity or hydrogen etc.);
- Geological Survey
- Feasibility Study
2) Development Phase:
- Permit acquisition
- Stakeholder management
- Contract management (financial arrangements (banks / governmental subsidies) and off-take agreements)
- Technical design (well-design etc.)
3) Realization Phase (Construction & Commissioning):
- Site preparation
- Drilling operation
- Installation & testing
- Grid connection
Why Endoria Energy is the right partner:
1 - First Mover in Continental Europe
2 - Deep Drilling Expertise
3 - Industrial Execution Capability
4 - Strategic Technology Partnerships