Fracking: Feasibility studies are underway to see if natural heat can be drawn from deep gas extraction wells

Steve Mason, director of Frankfurt United and Third Energy, discusses a project aimed at transforming a fossil fuel company into a green energy company. The project involves repurposing fossil fuel wells into geothermal energy sources and includes various renewable energy initiatives like battery storage. Feasibility studies are being conducted to assess the potential of these projects, with a focus on community, agricultural, and ecotourism applications. The project is expected to kickstart within months, with a holistic approach to green energy development over the next few years.

What is the main goal of the project discussed in the text?

How does the project aim to repurpose fossil fuel wells?

What is the significance of the feasibility studies in the context of the project?

What types of projects are being considered alongside the geothermal energy project?

What are the expected timeframes for the projects mentioned?