Energy Transition

EGEC welcomes the call for evidence on the 2040 climate targets as it provides regulatory certainty for the geothermal sector to adjust to climate neutrality as well as ensuring the need for effective regulatory support to replace fossil fuel consumption in buildings, transport, agriculture and electricity generation.

EGEC welcomes the European Commission’s proposals for a Critical Raw Materials Act and the Net Zero Industry Act. It is vital to strengthen existing European industrial value-chains for geothermal energy to meet the rapid demand driven by consumers and EU policy.

EGEC views on the EU Critical Raw Materials Act   EGEC, the voice of the European geothermal industry, is a not-for-profit association representing the entire value-chain of the industry across 28 countries. It is included on the European Transparency Register number: 11458103335-07. Further information can be found at www.egec.org.

On 18 May 2022, the Commission presented its REPowerEU plan as a response to the hardships and global energy market disruption caused by Russia's invasion of Ukraine.

The Batteries Strategy cannot be implemented without a sustainable supply of Lithium, with security of supply ‘Made in Europe’.

EGEC has published an action Plan for implementing geothermal in Europe and as a support for the European Institutions to implement the REpowerEU and face the energy crises. Eight actions to allow geothermal to REpowerEU. Geothermal heating, cooling and power has already saved 10 bcm of gas and other fossil energy imports from Russia.

EGEC, on behalf of the European geothermal energy industry contributed to the stakeholder consultation process undertaken by the French climate and energy ministry ahead of the drafting of its next PPE (Programmation Pluriannuelle de l'Energie - Multiyear Energy Programming).

The Commission adopted this week a Communication on Energy Prices, to tackle the exceptional rise in global energy prices, which is projected to last through the winter.

Following the sharp increase in electricity and gas prices over the summer, and as consequences are increasingly being felt by European households with the beginning of the winter heating season, EGEC wrote a letter to the European Council and the European Commission.

Today EGEC sent a letter to the European Commission Executive Vice President on the European Green Deal, the Executive Vice President for A Europe Fit for the Digital Age and the Commissioner on Energy. This letter was asking for the implementation of a fair framework for State Aid, that allow European Member States to support the development of innovative technologies and the market uptake of geothermal energy, notably in the heating and cooling sector.