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Description
The main objective of the project is to increase the capacity for the supply of renewable energy in the Iosia-South neighborhood, having as its source geothermal energy. Other objectives is to reduce CO2 emissions, create new high skilled jobs and increase the amount of thermal energy produced from renewable sources.
The technical solution envisages the realization of a geothermal station in three stages of thermal energy production. The geothermal station will ensure the preparation of the thermal agent for supplying consumers, mainly from the geothermal source. By implementing the proposed solution, it will be possible to ensure an exploitation of the geothermal resource continuously, in the hot season, but also in the cold season, by using the geothermal resource to provide heating and hot water consumption.
It is necessary to increase the share of thermal energy produced from renewable sources within district heating system. This need is the responsibility of the Oradea City Hall and derives from national commitments to align with EU requirements. Following the implementation of the project, there will be an increase in the annual amount of thermal energy from geothermal sources, an annual reduction of CO2 emissions into the atmosphere with an estimated CO2 reduction of 42.794 tonnes during the commercial operation period of the project.
Expected outcomes are therefore:
- Increase the energy security supply of energy and implicitly of CO2 emissions and costs.
- Increase the standard of living for the population of the South-Iosia neighborhood by increasing the quality of public services.
- Increase of investment in the local area, new work for construction companies locally which can indirectly lead to an increase of need for local work force.
- A reduction in the subsidy granted by the Municipality to the thermal energy supplier, the funds being made available together with the resulting royalties to promote new investments at the level of the City Hall.