Paving the way for sustainable energy through Geothermal at Pivot 2021 Conference
TAQA participated in Pivot 2021 conference, a yearly forum bringing together different stakeholders for the geothermal industry to collaborate. This year’s theme focused on geothermal as a unique baseload energy source and how oil and gas companies are harnessing its potential to meet the world energy demand for a sustainable future.
As part of its commitment to Saudi Arabia’s vision 2030 of increasing the contribution of renewables to the national energy ecosystem, TAQA has transferred its experience in directional drilling to the development of geothermal resources through its subsidiary “Cougar Drilling Solutions”. The company has been actively working in the field of directional drilling operations of geothermal projects for ten years, and to date more than 266 wells paralleling to 440 km of geothermal wells have been drilled in Turkey and Eastern Europe.
O&G and geothermal drilling can work in parallel given the significant similarities in the exploration and development processes. As such, TAQA’s focus now is on carrying out innovative solutions to speed up the geothermal utilization process through working on tools, models, deployment concepts and competitive downhole solutions.
Geothermal energy can be utilized in various forms such as direct use, electricity generation, space heating, heat pumps, greenhouse heating, and industrial operations.
To watch the full session please click here