VUL 2.37% $4.54 vulcan energy resources limited

German impacts, page-804

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    Heat planning: Landau does not want to become dependent
    https://www.rheinpfalz.de/lokal/landau_artikel,-w%C3%A4rmeplanung-landau-will-sich-nicht-abh%C3%A4ngig-machen-_arid,5525571.html

    Quotes: "The SPD faction in the city council attaches importance to the fact that an initial interim status on municipal heat planning is already available before a decision is made on the sale of land in the new D12 industrial park to the geothermal companies Vulcan and IKAV/Geox. As reported, the city wants to ensure before a land sale to be supplied with sufficient heat."

    "As the administration has stated in response to a request from the SPD, Landau's geothermal power plant can supply four megawatts of heat by the end of 2023; if limited to heat only, i.e. no more electricity, it would be just under 18 megawatts, and with the planned further drilling, over 31 megawatts."

    "With a large majority, the city council has given the city leadership around Mayor Dominik Geissler the mandate to negotiate with the geothermal suppliers. Only Pfeffer&Salz and the AfD reject this."

    Any translation with deepl.com.


    City of Landau Geothermal Energy (Informative overview)
    https://www.landau.de/geothermie

 
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