TRANSGEO aims to transform abandoned oil wells in Central Europe into geothermal projects
The newly launched TRANSGEO project aims to investigate abandoned oil and gas wells in central Europe and how they can be utilized for extracting geothermal energy. The project was co-funded by the European Commission and the Interreg Central Europe Programme. With a budget of €2.61 million (80 percent funded by the European Regional Development Fund), the project has partners in Germany, Austria, Hungary, Croatia, and Slovenia. The coordinator for this project is Hannes Hofmann, the head of the Helmholtz Young Investigators Group “Advanced Reservoir Engineering Concepts (ARES)” at the GFZ German Research Centre for Geosciences in Potsdam.
