What does Gel Energy do?

Leading UK developer of geothermal power and ultra-low carbon lithium projects. Operating the UK's first geothermal power plant at United Downs, delivering renewable baseload power and heat with integrated lithium extraction from deep geothermal brine.

Where is Gel Energy located?

Gel Energy is headquartered in Redruth, United Kingdom.

What energy sectors does Gel Energy operate in?

Gel Energy operates in Geothermal.

When was Gel Energy founded?

Gel Energy was founded in 2019.

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Gel Energy

Redruth, Cornwall, United Kingdom

GeothermalPrivate

Founded 20195 MW installed

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About

Founded in 2019, Gel Energy is a private headquartered in Redruth, United Kingdom specializing in Geothermal.

Gel Energy is a geothermal energy company developing power, heat, and lithium projects in the UK. The company's flagship project, United Downs, features the UK's hottest and deepest onshore well at 5,057 meters depth near Redruth, Cornwall. The project combines geothermal power generation with lithium extraction from geothermal brine. Gel Energy received the first Contracts for Differences from the UK Government in 2023, securing power prices for 15 years. The company is backed by institutional investors including Kerogen Capital (invested over £15 million) and Thrive Renewables (invested over £7 million), plus grant funding from the European Regional Development Fund and Innovate UK. The company aims to develop geothermal as a 24/7 renewable baseload energy source with minimal land use and carbon footprint of 5-15g CO2 per kWh.

geothermallithium extractionrenewable baseload powerUK clean energydeep wells

Headquarters

Redruth, United Kingdom

Founded

2019

Company Type

Private