David Townsend of Town Rock Energy – Scotland’s first geothermal energy company – has won the eSparks Entrepreneur of the Year award.
The prestigious title also came with a £5000 cash prize in the form of a giant novelty cheque.
Scotland’s First Minister Nicola Sturgeon and prominent businessman Sir Tom Hunter were among guests at the awards ceremony.
Managing Director Townsend said: “ We apply well-established hydrocarbon exploration techniques combined with thermal modelling to high grade areas for hot water production from geothermal aquifers.
“We are also working to facilitate mine-water geothermal district heating schemes in Scotland’s central belt.
Based in the Edinburgh Centre for Carbon Innovation, Town Rock Energy is also hiring an engineer with a focus of building a financial business model for a mine-water geothermal district heating scheme in Scotland.
The company is also establishing the UK’s first geothermal energy laboratory in co-operation with St. Andrew’s University. The first tool, a divided bar which is the first of its kind in Europe, measures thermal conductivity of bulk samples.