WEBVTT

00:00:03.360 --> 00:00:07.560
Deep within the Earth, vast amounts of energy are created:

00:00:07.560 --> 00:00:12.680
Geothermal Energy is a clean sustainable, and reliable resource

00:00:12.680 --> 00:00:16.240
that can provide both heat and electricity.

00:00:16.240 --> 00:00:19.400
Yet, accessing this energy remains a challenge,

00:00:19.400 --> 00:00:22.280
since it isn’t readily available everywhere.

00:00:22.280 --> 00:00:28.600
The process requires drilling deep into the earth — often 3,000 to 4,000 meters—

00:00:28.600 --> 00:00:33.640
at various angles, precisely targeting specific locations,

00:00:33.640 --> 00:00:36.920
while navigating tough underground conditions.

00:00:36.920 --> 00:00:43.920
At OMV, we rely on our specialized expertise to handle these complex tasks.

00:00:43.920 --> 00:00:46.640
The traditional hydrothermal method involves

00:00:46.640 --> 00:00:50.200
locating underground reservoirs of hot water.

00:00:50.200 --> 00:00:54.280
This hot water is pumped to the surface through a well.

00:00:54.280 --> 00:00:58.560
There, it can either drive a turbine to generate electricity

00:00:58.560 --> 00:01:01.760
or heat buildings using a heat exchanger.

00:01:01.760 --> 00:01:04.400
Once used, the water flows back underground

00:01:04.400 --> 00:01:07.720
to be naturally reheated and used again.

00:01:07.720 --> 00:01:13.000
Because natural reservoirs are rare, we invest in innovative solutions,

00:01:13.000 --> 00:01:16.200
like developing closed-loop technology.

00:01:16.200 --> 00:01:21.000
The idea is simple: water circulates through a closed system of pipe

00:01:21.000 --> 00:01:24.240
and is heated by hot rock deep underground.

00:01:24.240 --> 00:01:27.880
In practice, though, this is a major challenge.

00:01:27.880 --> 00:01:32.480
To improve heat transfer, we apply the principle of a radiator

00:01:32.480 --> 00:01:36.720
by splitting the main pipe into several smaller ones.

00:01:36.720 --> 00:01:40.920
With support of the EU Innovation fund, our partner Eavor

00:01:40.920 --> 00:01:47.480
is transforming this groundbreaking concept into real-world technology.

00:01:47.480 --> 00:01:51.840
Geothermal energy is an innovative, sustainable technology

00:01:51.840 --> 00:01:56.040
supporting decarbonization and the energy sector

00:01:56.040 --> 00:02:01.440
while also providing a local, stable and secure energy future for us.