chrismpw
Player Valuation: £70m
Quite frankly I cant see how they can justify the expense. Turn up with a drilling rig, spend a couple of days drilling 100m down*. Stick a pipe and return down, install a pump and heat exchanger and plumb it into the existing radiator system. No gas, simple leccy, no danger,no need for expensive "permission to do it" qualifications from a government that milks everything on safety or environmental grounds.I'd hope and expect those costs come down if they take off as a mainstream energy source.
He's not everyone's cup of tea, but George Monbiot was banging on about retrofitting homes to be better insulated with more carbon friendly Heat sources 20 years ago. Moving to the passivhaus standard for new builds etc.
No political will and resistance from the major housebuilding companies mean we've now started to panic a little. A phased long term transition would have been ideal. But that takes vision and balls.
I cant see how that would be over 5k myself - apart from the ripoff Britain factor.
*of course depending on underlying geology there could be issues there. I've asked the firm @tommye linked above to come and give a quote. As a geologist by training I look forward to them trying to tell me the difficulties of drilling through nothing but jurassic clay where I live.
(I could strike oil of course!)