The city of Szeged is harnessing the power of geothermal energy – it offers numerous advantages as a sustainable resource and reduces the demand for fossil fuels.
The fight against climate change is gaining momentum in Hungary. The European Union’s largest geothermal system is powering residential and commercial buildings in Szeged, 160 kilometres from Budapest.
Geothermal energy has been used for centuries however this renewable energy resource is gaining renewed attention as a sustainable solution for electricity generation, heating, and cooling applications.
Enteq Technologies plc (LON:NTQ) develops and supplies equipment for Measurement, Logging and Geo-steering while drilling of wells for the Geothermal, Oil and Gas markets.