Taipei, State-run Taiwan Power Co. (Taipower) and oil refiner CPC Corp., Taiwan kicked off a joint plan Wednesday to explore geothermal energy in Yilan County, northeastern Taiwan.
A ceremony was held at the site of the planned Renze No. 3 Geothermal Well in Yilan to mark the beginning of the exploration plan, under which work will be undertaken to drill a total of six exploratory wells in Renze and neighboring Tuchang before June 2021, according to the two companies.
CPC Chairman Tai Chein (??) said the exploration project, estimated to produce an installed capacity totaling 8 megawatts of electricity if successful, is being carried out in three stages, with the first stage involving the drilling of two 1,500 meter-deep wells at a cost of NT$130 million (US$4.23 million).
The planned wells -- one of which will be a production well and the other a re-injection well -- are estimated to yield an installed capacity of about 2 MW, Tai said, anticipating that the exploration will be a success.
If the exploration succeeds, the underground geothermal power in Renze and Tuchang will be a stable electricity source for Yilan County's Datung Township, CPC said.
To explore for more geothermal energy sources, CPC and Taipower will begin joint exploration in the volcanic area of Datunshan in Taipei in 2021, Tai added.
Source: Focus Taiwan News Channel