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
The knowRES project has released two reports assessing the current status of employment in the Geothermal sector and forecasting future trends.
The Geothermal Sector report found that:
Following the COP 21 Paris Agreement, more than seventy companies and industry associations are urging the EU to strengthen its strategy towards a low-carbon economy.
In view of the forthcoming discussions between Member States over the implication of the new international treaty for the EU, EGEC has joined the call from the business community asking for more ambitious EU binding targets and measures for both energy efficiency and renewable energy.
“The re-industrialisation of the EU economy based on competitive low-carbon business models, sustainable investments and innovation, new skills and more green local jobs, and increased productivity are opportunities to be seized”, states the letter co-signed by EGEC.
Exergy was announced today as the winner of the European Geothermal Innovation Award 2016 during the opening session of GeoTHERM exhibition and Congress in Offenbourg, Germany. The award was given for the 2-pressure-level cycle on a single-disk turbine demonstrated in Denizli Tosunlar geothermal plant, Turkey.
The first European Geothermal Innovation Award was presented to Jörg Baumgärtner (Bestec) by Burkhard Sanner (EGEC) at GeoTHERM.