The voice of geothermal
in Europe

This 2-days European seminar will take place on 4 & 5 February 2020. This first day will present instruments to answer the environmental concerns related to deep geothermal energy projects that are operational or under development in Europe.

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.

Following the proposal in the PPE (multiannual programming for energy) by the French Government to stop financial support to geothermal electricity, EGEC and the French industry call for a stable and forward looking framework.

As part of the Decarbheat initiative, which gathers several heating and cooling industry associations with the objective to advocate for European policies that are in line with the decarbonisation of the heating and cooling sector, EGEC co-signed a press release on the topic of the European Green Deal.

EGEC, as part of the Coalition for Higher Ambition, a unique gathering of businesses, investor groups, trade unions, local and regional authorities, and NGOs, published a statement to urge the Commission to come forward with a proposal to increase the EU’s climate target to at least -55% of GHG emissions reductions by 2030 compared to 1990 levels within the first 100 days of their mandate. It is the first time that this broad group of stakeholders take a joint position on the EU’s 2030 target and its revision timeline.