Following on from the European Union’s commitments to phase out energy imports from Russia, make energy affordable, boost industrial competitiveness, improve energy security and reduce greenhouse gas emissions, the European Geothermal Energy Council (EGEC) insists that the European Commission must present an investment-orientated strategy and action plan to accelerate the deployment of all geothermal energy solutions. EGEC calls on the European Commission to publish a dedicated European Geothermal Strategy and Action Plan in the first quarter of 2026. This echoes requests made by EU Energy Ministers (see the TTE Council Conclusions of 16 December 2024) and also by the European Parliament (Resolution on geothermal energy, adopted on 18 January 2024). Indeed, the European Commissioner for Energy and Housing, Dan Jørgensen, has already confirmed (on 14 March 2025) that the Commission will present "an action plan on geothermal energy" before the end of March 2026. According to EGEC, the Commission’s proposal must include the following elements: An EU-wide target to reach 250 GW of geothermal capacity by 2040 covering all technologies. This will build on the 44 GW of installed capacity in the EU. A European Geothermal Charter, which codifies the 2040 target and launches the Geothermal Industrial Alliance to manage its delivery. Targeted European financial instruments to leverage private capital. Measures to make permitting processes more efficient and faster, as well as improving access to geological data. Sectoral or tripartite agreements with key energy consumers. Peer-to-peer guidance to help governments develop national and regional roadmaps to remove barriers, accelerate investments and build local supply chains. European instruments to support value chain development in local manufacturing and skilled professionals. The inclusion of geothermal energy as a central pillar of the EU’s Global Gateway and the Global Energy Transition Forum. Improvements to the collection and presentation of market data and statistics to enable better energy modelling. EGEC’s proposals are set out in a new policy document:The European Geothermal Strategy and Action Plan - Making Europe competitive, secure and affordable Watch EGEC's webinar on the launch of its recommendations for the EU Geothermal Strategy and Action Plan: https://www.youtube.com/watch?v=pxUUaWHfuM8
EGEC and 36 European associations representing renewables and energy efficiency value chains sent a letter to the European leaders and decision-makers urging to link the European Green deal and the stimulus package in response to the COVID 19 pandemic.
Geothermal energy is a rapidly growing renewable energy source, contributing to the decarbonisation of the European economy. This webinar on 26 March discussed the geothermal market dynamics, the de-risking schemes developed in the EU-funded GEORISK project and what European policies should be implemented to finance energy transition and support geothermal energy.
EGEC Geothermal welcomes the draft implementing Regulation on the operation of the Modernisation Fund.
EGEC Geothermal statement on the Climate Law proposal
ZAE Bayern has been chosen as one of the five outstanding finalists of the Ruggero Bertani European Geothermal Innovation Awards 2020.
Vulcan Energie Ressourcen has been appointed as one of the five outstanding finalists of the Ruggero Bertani European Geothermal Innovation Awards 2020.
The Eavor Loop project has been nominated as one of the five outstanding finalists of the Ruggero Bertani European Geothermal Innovation Awards 2020.
The European Commission announced a ‘Renovation Wave’ to work alongside Member States in delivering energy efficiency improvements in public and private buildings. This is a start. But it is still a long way from what is required.
Broad cross-sectorial coalition of stakeholders calls for EU climate law to recognize the role of energy efficiency and renewables to reach climate neutrality by 2050.
The EU-funded CarbFix project has been selected as one of the five outstanding finalists of the Ruggero Bertani European Geothermal Innovation Awards 2020.
