Today EGEC released a policy paper outlining an industrial strategy for a sustainable geothermal lithium battery value chain in Europe.
Lithium is the foundation stone for the new industrial revolution, which is based on clean energy production and efficient usage, electric mobility and the internet of interconnectivity.
The EU is dependent on lithium imports. The European Green Deal needs to embed the entire value chain lifecycle from raw material extraction to end use recycling.
Priority should be given to sustainable and cost-effective lithium extraction from geothermal plants, as they produce not only the valuable metal, but also renewable electricity, heating and cooling.
The multiplicity of advantages from geothermal energy can be a factor of competitiveness for the European economy where a single renewable resource can provide security of supply for the decarbonisation of several economic sectors.
The policy architecture to deliver self sufficiency in geothermal lithium production requires:
Download EGEC’s paper on geothermal lithium