Geo-Drill

Geothermal is the most under-utilized of renewable sources due to high investment costs and long development cycle. A big part (53%) of the cost is in drilling and it is time-dependent.

Geo-Drill aims to reduce drilling cost with increased ROP and reduced tripping with improved tools lives. Geo-Drill is proposing drilling technology incorporating bi-stable fluidic amplifier driven mud hammer, low cost 3D printed sensors & cables, drill monitoring system, Graphene based materials and coatings.

Geo-Drill fluidic amplifier driven hammer is less sensitive to issues with mud and tolerances, less impact of erosion on hammer efficiency and it continues to operate with varying mud quality in efficient manner. It is also less affected by the environmental influences such as shocks, vibrations, accelerations, temperature and high pressures. Low cost and robust 3D-printed sensors & cables along the surface of the whole length of the drill string provides real-time high bandwidth data during drilling; e.g. estimation of rock formation hardness, mud flow speed, density, temp, etc. Flow assurance simulations combined with sensor readings and knowledge-based system will assist in optimizing drilling parameters and cuttings transport performance and safety conditions. Graphene's ability to tune the particular form lends itself uniquely as a component in a wide variety of matrices for coating developments with enhanced adhesion and dispersion properties and improved resistance to abrasion, erosion, corrosion and impact.

Placing few mm hard-strength materials on drill bit, drill stabilizer through diffusion bonding improves their wear resistance and improve the lifetime. Geo-Drill's hammers improved efficiency and lifetime, drill parameter optimisation and CTP via sensors, reduced time in replacing tools with improved lifetime work together to improve ROP & lifetime resulting in reduced drilling time. Thereby, Geo-Drill will reduce drilling cost by 29-60%.

H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy

The specific objective is to make the transition to a reliable, affordable, publicly accepted, sustainable and competitive energy system, aiming at reducing fossil fuel dependency in the face of increasingly scarce resources, increasing energy needs and climate change.

The Union intends to reduce greenhouse gas emissions by 20 % below 1990 levels by 2020, with a further reduction to 80-95 % by 2050. In addition, renewables should cover 20 % of final energy consumption in 2020 coupled with a 20 % energy efficiency target. Achieving these objectives will require an overhaul of the energy system combining low carbon profile and the development of alternatives to fossil fuels, energy security and affordability, while at the same time reinforcing Europe's economic competitiveness.

Europe is currently far from this overall goal. 80 % of the European energy system still relies on fossil fuels, and the sector produces 80 % of all the Union's greenhouse gas emissions. With a view to achieving the Union's long-term climate and energy objectives, it is appropriate to increase the share of the budget dedicated to renewable energy, end-user energy efficiency, smart grids and energy storage activities as compared to the Seventh Framework Programme, and increase the budget dedicated to market uptake of energy innovation activities undertaken under the Intelligent Energy Europe Programme within the Competitiveness and Innovation Framework Programme (2007 to 2013). The total allocation to these activities shall endeavour to reach at least 85 % of the budget under this societal challenge.

Every year 2,5 % of the Union GDP is spent on energy imports and this is likely to increase. This trend would lead to total dependence on oil and gas imports by 2050. Faced with volatile energy prices on the world market, coupled with concerns over security of supply, European industries and consumers are spending an increasing share of their income on energy. European cities are responsible for 70-80 % of the total energy consumption in the Union and for about the same share of greenhouse gas emissions.

The Roadmap for moving to a competitive low-carbon economy in 2050 suggests that the targeted reductions in greenhouse gas emissions will have to be met largely within the territory of the Union. This would entail reducing CO2 emissions by over 90 % by 2050 in the power sector, by over 80 % in industry, by at least 60 % in transport and by about 90 % in the residential sector and services. The Roadmap also shows that inter alia natural gas, in the short to medium term, can contribute to the transformation of the energy system, combined with the use of carbon capture and storage (CCS) technology.

To achieve these ambitious reductions, significant investments need to be made in research, development, demonstration and market roll-out at affordable prices of efficient, safe, secure and reliable low-carbon energy technologies and services, including gas, electricity storage and the roll-out of small and micro-scale energy systems. These must go hand in hand with non-technological solutions on both the supply and demand sides, including by initiating participation processes and integrating consumers. All this must be part of an integrated sustainable low-carbon policy, including mastering key enabling technologies, in particular ICT solutions and advanced manufacturing, processing and materials.

The goal is to develop and produce efficient energy technologies and services, including the integration of renewable energy, that can be taken up widely on European and international markets and to establish intelligent demand-side management based on an open and transparent energy trade market and secure intelligent energy efficiency management systems.