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Project Details
Project Details
Project Name
Optimisation of Geothermal Drilling Operation with Machine Learning
Project Acronym
OptiDrill
Duration
3 years, January 2021 to Decmber 2023
Budget
Around 4 Million Euro
Topic
LC-SC3-RES-18-2020 - Advanced drilling and well completion techniques for cost reduction in geothermal energy
Funding Scheme
European Union's Horizon 2020 Research and Innovation Action under grant agreement No. 101006964
Roadmap
During the first years of OptiDrill project (2021-2022), the selected concepts will be validated at a small scale and in lab environment to confirm the predictions and preliminary results. Afterwards (2022-2023), the OptiDrill system will be validated in relevant operational conditions at a partner’s drill rig or IEG testing facilities. Optidrill technology componets will be exploited by forming a new business beyond the lifespan of the project.
*Technology Readiness Level (TRL)
- TRL 1 - Basic principles observed
- TRL 2 - Technology concept formulated
- TRL 3 - Experimental proof of concept
- TRL 4 - Technology validated in lab
- TRL 5 - Technology validated in relevant environment
- TRL 6 - Technology demonstrated in relevant environment
- TRL 7 - System prototype demonstration in operational environment
- TRL 8 - System complete and qualified
- TRL 9 - Actual system proven in operational environment
