The policy architecture to deliver self sufficiency in geothermal lithium production requires:
- Clear target: 25% of lithium used in EU battery manufacture should come from European geothermal resources by 2030
- Incentives: the European industry needs incentives to invest, scale up and come ahead in the global geothermal lithium race
- Map of EU resources: Funding for geothermal exploration is key
- Less administrative burdens: The administration and licensing for geothermal lithium should be streamlined to accelerate development
EGEC’s policy paper on geothermal lithium
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