Our 2025 ambitions
250 Megawatt thermal
(MWth) or 10 Petajoule per year (PJ/y) sustainable constant energy source produced from always available natural earth warmth, equivalent to 300.000 households using 250M m3 of natural gas reduced
350.000 ton C02
emission reduction per year
Geothermal energy plants in development
Geothermal energy is unlimited, clean & natural
Biomass and geothermal are the only available energy sources able to provide a constant baseload energy supply for industrial use and district heating (and thus scaling and acceleration). Geothermal energy, however, is the cleaner form, produced locally in versatile forms, has significantly less spatial impact and the lowest total investment per petajoule per year.
Case study: Project Renkum
Sustainable heat supply for Smurfit Kappa Parenco and the region
Project Renkum is situated in one of the most promising regions for the development of ultra deep geothermal in the Netherlands (source: TNO). The project is broadly supported through the involvement of local municipalities, and potential heat offtakers, amongst others.
Project Renkum has already qualified for the Green Deal ‘Ultra Diepe Geothermie’ (UDG) – a program hosted by the Dutch Ministry of Economic Affairs and Climate and EBN – and now intends to qualify for the next phase: development of a pilot well. The exploration and drilling risks in this phase will be (partly) supported by the Dutch Government through a specifically designed guarantee scheme.
QNQ provides the operational project management and manages the business case through Smurfit Kappa’s and QNQ’ joint project SPV, Tellus Renkum B.V..
Project Renkum is expected to contribute up to 73.000 tons of CO2 reduction per year for Smurfit Kappa Parenco, a large packing paper producer in the Province of Gelderland, in the municipality of Renkum.
In addition, another 16.000 tons of CO2 reduction per year can be achieved through supplying the geothermal heat in a regional domestic heating network (~15.000 home equivalents)
To accelerate the realisation of the domestic heating network a study is currently being undertaken by Tellus Renkum to the feasibility of capturing, using and amplifying the waste heat from Smurfit Kappa Parenco’ on-site sewage water treatment plant and feeding that heat into the domestic heating network (see above animation – in Dutch).
QNQ for geothermal impact
We are Netherlands’ first Geothermal Accelerator and are laying the groundwork for a border-crossing sustainable infrastructure for unlimited, clean & natural energy sourced from our earth’s geothermal activity.
As an independent party in a network of partners we bring a unique perspective unencumbered by third party dependencies. Directly co-investing in the projects we work on, increases ownership and accountability towards our management practices and in turn ensures successful performance in terms of impact and business for ourselves and our partners.
Our one-stop-shop advantage comes from a team with seasoned experience in the three key areas of technical infrastructure, projectmanagement and capital finance.
A team, driven to release the potential of geothermal energy:
Jorg van Gent
“What intrigues me in the energy transition is that it brings together the entrepreneurship and innovation of start-ups, and combines this with massive investments in projects which are fundamental to our every day lives: heat and power.”
“During my time studying geology I witnessed the effects of global warming on the environment of the people of Qaanaaq. This made such a profound impression that it has since been my inspiration for developing and realizing new energy systems. Combining this with my financial knowledge and project management experience, it drives me in our efforts to unleashing the potential of geothermal energy.”
“I am passionate about contributing to the transition of a more sustainable energy system and to realizing a positive impact for people and planet.”