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TownRock Energy

Description

Founded in 2013 by David Townsend, TownRock Energy is an award-winning geothermal energy consultancy based in Edinburgh, Scotland and is the leading specialist in all aspects of the UK’s geothermal resources. The Company’s mission is to access the abundant geothermal energy of the earth’s subsurface to provide zero-carbon, 24-hour renewable heating and cooling to industrial, commercial and domestic energy users.

TownRock Energy are a passionate, innovative and diverse company that strives to minimise the energy industry’s negative impact on the environment. The Company support all sustainable and safe methods of non-fossil low carbon energy generation to help mitigate the detrimental effects of climate change.

Geothermal energy technology is a relatively new path to unlocking clean energy and is often poorly appreciated or understood. TownRock Energy's small dedicated team prides itself in taking a clear and strategic approach to assisting clients and partners realise the value of the geological asset beneath their site.

TownRock Energy have the skills to help clients understand the renewable heating and / or cooling opportunities available from the ground underneath their site. The Company can assess how strong the commercial case is for installing a geothermal energy system; and can help in the selection of the right contractors and ensure that the best type and size of system is installed, maximising quality whilst minimising cost.

Core Services

TownRock Energy work with a diverse and wide array of clients, so their services are customised to fit each client’s needs. At the same time, the Company apply a consistent approach to their site evaluations in a phased process that minimises risk and maximises the client’s return on investment.

Phase 1. Basic Site Evaluation    
Helping clients discover if they have a geothermal resource beneath their site, for free.    
Duration: 1–2 weeks

Phase 2. Pre-feasibility Study    
High-level assessment of business case and identification of grant funding sources.
Duration: 2–4 weeks

Phase 3. Feasibility Study    
TownRock Energy will deliver the subsurface and surface engineering, legislative, ownership and economic feasibility, with risk register. This phase also includes regulatory engagement and funding acquisition    
Duration: 4–16 weeks

Phase 4. Investment Grade Business Case    
TownRock Energy will prepare a comprehensive business case, covering all aspects expected by an internal or external investment audience, to help secure a mix of capital funding for the project.    
Duration: 8–24 weeks

Phase 5. Construction    
Once capital is secured the wells can be drilled, and the surface infrastructure installed. TownRock Energy will contribute project and stakeholder management at this stage to ensure the project remains on time and budget.    
Duration: 6–18 months

Phase 6. Operation    
TownRock Energy will ensure the project continues to operate smoothly during its lifetime, and will budget for, and manage, operations and maintenance activities so that the project remains profitable through its full life cycle.    
Duration: 25–50+ years

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