A shallow geothermal solution that heats homes and businesses without using any carbon.
In order to help heat transition players/local utilities/Stadtwerke make a successful switch to cleaner energy systems, targeo gives them a regional analysis to find the best potential geothermal customers in their area who aren’t already their customers. It lets you talk to this client in groups and set up campaigns to take advantage of scaling effects. It also gives an overview of how much CO2 each building in their area puts out, as well as a way to cut them down. With the help of a precise GIS approach, this solution is based on the processing of data about the underground and geothermal potential, the characteristics of buildings and their needs, and the existing infrastructures. targeo also works as a geothermal expert office that plans, gets permits, drills, and runs all the subsurface infrastructure. This is done through a contracting model.
Positive facts about targeo
Replacing every gas heating system in Germany, which represent 48,2% of 40M housings, by a geothermal system powered by renewable energy would save 60 million of tons of CO2 per year
Replacing all 18 Mio oil boilers in Europe with geothermal heat pumps powered by renewable energy would save 90 million tons of CO2 per year
A targeo analysis will show you thousands of new potential clients, if less than 100 installations are realised, you will have your money back, all the rest is profit
With a cunsumer heat price of 92 €/MWh, a one time connection fee of 3.800 € and power prices around 165 €/MWh you can end up with a net cash generated of 1,7 Mio € serving 500 clients over 15 years
targeo website : https://storengy.com/en
