Geothermal energy utilisation in The Netherlands has been experiencing a tremendous growth in recent years, mainly due to the development of policy instruments that tackled barriers such as geological uncertainty and the difficulty in ensuring adequate financing.
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.
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 Philippe Dumas in the
building of the European Parliament (see below), EGEC Secretary General, 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.
EGEC Members were welcomed to participate in this workshop, notably to present projects that may be eligible for funding from the Innovation Fund, or the type of instruments that would be most valuable in channelling financial support to innovative geothermal projects.
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.
EGEC is the voice of the geothermal sector in Europe. It’s an international industry association with more than 120 members, representing 500 stakeholders from 22 different European countries. Geothermal is an essential renewable energy solution which helps tackle the climate crisis by providing safe, secure and reliable heat, cooling and electricity services.
