Geothermal energy 'could heat 8,000 Manchester homes' - 20/07/2012
Mancunians may soon be able to save a considerable amount on their heating bills without having to switch energy suppliers thanks to an underground resource.
Power firm GT Energy has put forward a proposal to tap into an ancient thermal spring hidden beneath the city's streets to heat thousands of properties.
It is thought the project could help slash fuel bills for 8,000 homes and businesses in Ardwick and near Oxford Road.
Padraig Hanly, GT Energy's chief executive, said: "It will put Manchester at the heart of a new wave of geo-thermal projects, which will develop throughout the country in response to rising prices."
The plant would be built near Devonshire Street and would require two 130ft drilling rigs to dig boreholes into the ground.
According to GT Energy, 80 per cent of the UK population live in urban areas, which is where geothermal energy is best utilised, as it is suitable for localised heating.
If you want to find out more about gas and electricity and how you could save hundreds of pounds in minutes, click here.
Share this story with your friends:-
Save up to £300 on your gas & electricity bills at energyhelpline.com
Compare prices from all energy suppliers to find your best deal