A demonstration geothermal energy plant could be built between Aberdeen and Peterhead, attracting £750 million of investment in its first 10 years, if forthcoming research finds that the heat of subterranean granite could feed it.
ITS widespread use in buildings gave Aberdeen its internationally recognised title of the Granite City, but now the grey rock could herald a second energy-led boom in the north-east.
A demonstration geothermal energy plant could be built between Aberdeen and Peterhead, attracting £750 million of investment in its first 10 years, if forthcoming research finds that the heat of subterranean granite could feed it.
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