Brussels, 16th December 2024 – The European Geothermal Energy Council (EGEC) is delighted with the Hungarian Presidency for initiating the proposal and to all Member States for adopting today the Council conclusions.
Nominations for the Ruggero Bertani European Geothermal Innovation Award are open until 03 January 2025! Applications will be evaluated based on originality, innovation, reliability, emission reductions, and improvements in energy output.
IOGP, the international association of oil and gas producers, outlined a series of measures required to create market maturity for geothermal across Europe. They identify three key measures:
The geothermal industry enjoyed growing market development, but the journey from niche to mainstream energy demands a robust framework based on critical components.
Geothermal is our energy. It is a unique renewable energy source providing baseload electricity, heating, cooling, storage, as well as lithium and other mineral extraction. It rests reassuringly below our feet, homes, offices and factories everywhere. With the right political visibility and regulatory frameworks it will become the foundation of the cheap, local, inclusive and rapid energy transition.
On April 24, Invest-NL, the National Promotional Institute of the Netherlands, released a report to explore opportunities for scaling geothermal energy in the Netherlands. This report, prepared by EGEC and WEP, delves into the geothermal landscape, focusing on key European countries including Germany, Denmark, and France, to provide invaluable insights for the market in the Netherlands.
The EGEC Annual Report 2023 provides a comprehensive overview of the organisation's activities for the year and highlights the significant achievements in the European geothermal sector. Published annually, EGEC's Annual Report serves as a crucial document that reflects EGEC's policy achievements over the past year and sets out the main lines of action for the foreseeable future.
The Sustainable Europe Investment Plan represents the main investment pillar of the EU Green Deal. It will have to mobilise at least €1 trillion in sustainable investments over the next decade to achieve a climate-neutral economy by 2050. But to do so, as from 2020 only projects consistent with the 2050 targets should benefit.
This 2-days European seminar will take place on 4 & 5 February 2020 in Brussels.
EGEC Geothermal reaction to the launch of the Just Transition Mechanism proposal
On the 17th of December 2019, the European Parliament reached an agreement with the Council on the new criteria to determine whether an economic activity is environmentally sustainable – the so-called the “Taxonomy Regulation”. EGEC welcomes the positive outcome of this legislation, as it will play a crucial role in helping to redirect the necessary funding to investments in sustainable energy sectors.
On 11 December 2019 the European Commission presented the European Green Deal. Europe is aiming to become the world’s first climate-neutral continent by 2050 and the proposed Green Deal outlines the policy framework that will be applied to achieve this goal.
Developing competitive value-chains in a mission-orientated EU industrial strategy must be a central goal of the European Green Deal. Priority should be given to activities that provide multiple benefits such as increased investment in deep geothermal energy production and geothermal lithium plants.
The Italian news outlet “Sette24 Europa” recently interviewed EGEC Secretary General Philippe Dumas in the European Parliament on the potential of geothermal energy and the many opportunities offered by this clean source of energy in terms of sustainability, jobs, and societal change.
Shallow geothermal energy represents a well-developed, non-volatile and clean technology for providing efficient heating and cooling across Europe. It is often associated with the use of ground source heat pumps but offers a wide range of applications such as geo-cooling or seasonal heat storage.
On 23 September 2019, a workshop has been organised in Brussels in order to discuss the place of the geothermal sector in the Innovation Fund.
Shallow geothermal energy represents a well-developed, non-volatile and clean technology for providing efficient heating and cooling across Europe. It is often associated with the use of ground source heat pumps but offers a wide range of applications such as geo-cooling or seasonal heat storage.
