The European Commission ‘Competitiveness Compass’ released on Wednesday 29 January sent the right signal for the Clean Industrial Deal.
EGEC supports the initiatives set out for ensuring a competitive energy for people and business.
To supply affordable energy, more competition is required on energy markets to supply electricity, heating and cooling, and for storage.
More competition is needed between energy technologies to allow geothermal to show its competitiveness. The EC must highlight this element in its Action Plan for affordable energy and Member States must provide these fair and open energy markets.
Better competitiveness requires also better market conditions. The EU provisions already adopted to simplify permitting must all be implemented by Member States. We also must see an open market for infrastructures including heat infrastructures for cities and businesses.
The Geothermal sector contributes the three core areas for action of the EU ‘Competitiveness Compass’: more innovation, the decarbonisation of our economy and a security of supply.
To fulfill the five horizontal enablers for competitiveness for geothermal, the EU Action plan must ensure:
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