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Sofia's Terroleum UGC Limited Displays at the Pentagon STAR-TIDES Event

04-30-2024 08:37 AM CET | Energy & Environment

Press release from: Terroleum UGC Limited

Sofia's Terroleum UGC Limited Displays at the Pentagon

SOFIA, BULGARIA. Terroleum UGC Limited in collaboration with USA-partner, Pangea Filtration Technology, LLC, displayed "Geological Breakthroughs Powering Energy Security" at the center court of the Pentagon and George Mason University for the 17th annual STAR-TIDES event, April 15th & 18th 2024. The companies showcased green technologies for electricity generation from geothermal energy, utilising geothermal microgrids, and sustainable extraction of critical raw materials (CRM's) applicable in Bulgaria, the USA and globally. The event was attended by representatives of the US Department of Defense, the world's largest institution to commit to net zero, and the US Air Force, US defence contractors and a host of other network members of STAR-TIDES.

Terroleum UGC Limited and its partners are developing innovative geothermal microgrid technologies as a solution to significantly improve the resilience, sustainability and security of stand-alone power solutions for important facilities and infrastructure as well as communities around the world. The goal is to deploy a prototype geothermal microgrid to demonstrate geothermal energy can be utilised to provide a clean, efficient and cost-effective energy solution for the sustainable production of 24/7-baseload electricity and green hydrogen fuel whilst also reducing future energy costs.

Terroleum UGC Limited & Pangea Filtration Technology, LLC are also leveraging their collective innovative knowledge of global Critical Raw Materials research to develop solutions for sustainable CRM extraction. The focus area for current solutions under development is near end-of-life and former coal-mining regions. Where cross-sector deployment of geothermal energy, sustainable CRM extraction and energy storage solutions could re-use, rehabilitate and rejuvenate these regions to provide new sources of dispatchable renewable power and a long-term future for the local communities.

Critical Raw Materials are essential to the function and integrity of a wide range of industrial sectors. The future security and resilience of these sectors is anchored to continued diversified and undistorted access to global markets and increasingly, a shift to greater strategic autonomy to create a more open, diverse and resilient global supply chain.

"We have been honoured to share Terroleum UGC Limited's technical capabilities at the 17th annual STAR-TIDES event with the US Department of Defence, US Air Force, US defence contractors and other important network members" said Edward Blunt co-Managing Director of Terroleum UGC limited.

"Geothermal Energy is the US Air Force number one priority for 24/7 energy production, so Terroleum UGC Limited was the logical partner for this profound opportunity to showcase this resilient technology" said Dan Bicz, CEO Pangea Filtration Technology, LLC of the USA. "Additionally, we are collaborating with Terroleum UGC Limited on sustainable critical raw materials extraction, including rare earth elements such as gallium and germanium, used in semiconductors, missile systems and solar cells".

END

Edward Blunt
Terroleum UGC Limited
Geo Milev, Alexander Zhendov 6 Str., Floor 3, Office 305
1113 Sofia, Bulgaria
www.terroleum-ugc.com

About Terroleum UGC Limited: Terroleum UGC Limited is a dynamic international geoscience consultancy, headquartered in Sofia, providing expert exploration, appraisal and development services to the energy & critical raw materials industry for geothermal, geo-storage, sustainable mineral extraction and other energy-transition fuels projects. The company is distinguished by its commitment to excellence and specializes in the planning & execution of complex cross-functional geoscience & engineering research and development projects. At Terroleum UGC Limited, geothermal energy and transitional fuels hold a special place in the vision of the company for a sustainable energy future. The company leverages its extensive global geotechnical experience and cultivated strategic partnerships & collaborations with leading international co-workers and counterparts to assemble build tailor-made, cross-sector, multidisciplinary teams and secure services that guarantee reliability, quality, efficiency and ultimately, success. www.terroleum-ugc.com/contact

About Pangea Filtration Technology, LLC: Pangea is a USA advanced energy developer with a global ecosystem of relationships delivering a unique Triple Green Bottom Line™ program to improve the environment, health and financial performance. Pangea's balance approach to energy transition includes innovation to transform fossil-fuels into products (think Pollution-to-Profit™) and geothermal power plants (only 24/7 renewable option).

About STAR-TIDES: The 17th annual STAR-TIDES capabilities demonstrations at the Pentagon Center Courtyard (April 17th- 18th, 2024) and George Mason University's Mason Square campus (April 15th- 16th, 2024) Arlington, Virginia, showcased products and activities of the STAR-TIDES (Sharing To Accelerate Research -Transformative Innovation for Development and Emergency Support) global knowledge-sharing network. Network members are engaged in building sustainable resilience, promoting human security, and creating life-changing social and economic activities. STAR-TIDES is coordinated through the George Mason University Center for Resilient And Sustainable Communities (C-RASC). The theme for 2024 is "Adapting to Climate Change", emphasizing collaborative cross-sector approaches (such as energy + communications) to help communities adapt to the "new normal" of climate change in their region. As Thomas Friedman has pointed out, "it's not the strongest, fastest, or smartest that survives, but rather the most adaptable".

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