The European Green Deal is an outline of the strategic direction and means of delivering the world’s first zero-carbon continent by 2050.
EGEC Geothermal’s key messages are the following:
- Decarbonising heat consumption in homes, buildings and industry is the only way the European Green Deal can deliver emission reductions whilst building social inclusivity and acceptance for change.
- Increasing binding 2030 renewable energy and energy efficiency targets is the best way to deliver decarbonisation, investment and an employment-rich Europe.
The Green Deal must put heat decarbonisation front and centre if it is serious about facilitating carbon neutrality whilst ensuring no one is left behind. The most effective way to do so is to tap into the full potential of all renewables, especially geothermal energy.
The Green Deal should support the next generation of geothermal power technologies and bring new investments in this area of technological development.
Check out the video below to hear what EGEC Geothermal’s Head of Policy, Sanjeev Kumar, has to say.
EGEC sent a letter to the Commission recommending a full review of the impact of the competitive distortion of the Internal Market for Gas legal base as well as its associated direct and indirect fossil fuel subsidies on the provision of renewable heating and cooling services, particularly competition from geothermal energy sources.