The PLASMABIT Technology takes part in the world’s prestigious technology showcase EXPO Milano 2015, Italy (Slovak Pavilion). This visionary forum in Milan is being held under the theme “Feeding the planet, energy for life”.
The deep drilling technology PLASMABIT enables an effective access to geothermal energy. PLASMABIT has the ability to drill economically regardless the depth. It can be applicable at the depth up to 10 km, which is the area suitable for extraction of hot geothermal reservoirs anywhere. This ground-breaking technology is built to let the geothermal heat cascade economy thrive in volumes currently not possible.
A geothermal heat cascade economy has the potential to create new jobs and local autonomous economies. The cascade consists of hydrogen production, electricity production, direct building heating and cooling, biotechnology reactors, aquaculture, fisheries, wellness, geothermal heat pumps, etc. In the second decade of the millennium, the geothermal energy considered to be “energy for life” is going to play a more crucial role in the energy mix of countries around the globe.
EXPO 2015 is the world’s finest technology exhibition that Milan is hosting from 1st May to 31st October 2015. It is expected to welcome over 20 million visitors promoting more than 140 participating countries to its 1.1m square meters of exhibition area.
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