Baseload Capital Taiwan reports on the start of drilling for the first commercial, private geothermal power project in Taiwan.
In a personal post, Van Hoang, Chairman and CEO of Baseload Power Taiwan Inc., the Taiwan regional representation of Swedish Baseload Capital shares the background on the company’s start into geothermal in Taiwan.
The company was established to develop private geothermal projects with modules provided by Swedish ORC technology supplier Climeon. The company is planning to set up a plant with a capacity of around 1 MW in power generation capacity becoming the first commercial, private geothermal power plant.
To start with the company accessed a heat map of Taiwan that was created with records of wells drilled by the China Petroleum Corporation some 30 years ago. According to the data, there were 34 spots that were identified to have found only water yet no gas or oil. With this map, Baseload Capital has determined suitable sites that would allow the utilisation of the units provided by Climeon for power generation down to a temperature of around 70-80 degrees Celsius.
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