Geothermal Action Plan – EGEC calls for additional substantive measures

Statement published by EGEC on 15 May 2026

The European Geothermal Action Plan must be presented as an independent communication because its role is to deliver real-world investments to secure Europe’s energy system. It must be measured by the quantity and quality of investments, reforms, jobs, and imported fossil fuels replaced for the security of supply. It must be both politically and financially bankable. This is why governments (Council Conclusions, 16 December 2024), the European Parliament (Resolution of 18 January 2024 on geothermal energy), investors, financiers and consumers have called for a dedicated geothermal action plan.

The following geothermal-specific measures were stipulated in the AccelerateEU communication, as published by the European Commission on 22 April 2026: EU-database of geological data, geothermal derisking and insurance schemes, international cooperation through the EU Global Gateway.

The following measures are now required from the dedicated Geothermal Action Plan:

1. Better EU regulatory frame with “Geothermal Industrial Alliance” for implementing measures and simplified permitting;
2. Scale up with planning EU initiatives, leverage public funding with private investment, strengthen supply chain and research & innovation.

For more details see EGEC’s policy document:
Additional substantive measures for the Geothermal Action Plan (May 2026)