A drilling tool that can be used anywhere to make geothermal wells possible.
Geothermal energy is the only renewable source of clean baseload energy that can be used around the clock, every day of the year. It works no matter what the weather is like or what time of day it is. GA Drilling is making a revolutionary tool that uses plasma drilling to tap into the energy potential of the Earth that hasn’t been used yet. This smart drilling platform called PLASMABIT® solves all of the problems that come up when drilling deep. With our special technology, we can drill to depths of up to 10 km, which used to be impossible, and get clean, cheap, baseload geothermal energy from anywhere. GA Drilling provides low-cost ultra-deep geothermal energy anywhere by combining the PLASMABIT® solution with a conventional off-the-shelf modular system and working with engineering, procurement, and construction partners. PLASMABIT® will make it possible to reach very high temperatures deep underground. This will open up a whole range of applications and make geothermal power the most flexible, reliable, and cheap source of energy available.
Positive facts about PLASMABIT®
PLASMABIT® can achieve at least 3 times higher ROP ( rate of penetration) than rotary bits in hard rock formations such as Granite, Quartzite, Gnei – reaching an average ROP of 1-3m/h in igneous/metamorphic rocks
Faster tripping times: Conventional rigs will trip around 350 m/h and PLASMABIT® coil will safely trip at around 1,000 m/h – almost 3x as fast
Ecology – substantial noise reduction: Coil Tubing based PLASMABIT deployment and the Hybrid Rig design will ensure that drilling operations will have no noise generation above ground
Could save up to 30% of annual global power sector CO2 emissions by 2040
Aims at reversing the current 75% of fossil fuel energy scenario in 2035
Brings the missing clean baseload element to the current renewable energy mix (solar, wind)
The only available clean baseload energy with competitive costs – offering a levelized cost of electricity bellow 50 € per MWh.
PLASMABITs cost per 1 meter drilling in hard-rocks in deep depth (high pressure) is decreased 3+ times compared to conventional: 1000€ instead of 3500€+,
PLASMABIT is changing the paradigm, transforming drilling costs growth per meter from todays exponential into linear]
Video about PLASMABIT®
https://www.youtube.com/embed/bVRSz_FaOn8
PLASMABIT® website : https://gadrilling.com/