Council Conclusions Signal Strong Support for Geothermal Energy

Source: www.gulfoilandgas.com 12/16/2024, Location: Europe

The European Geothermal Energy Council (EGEC) is delighted with the Hungarian Presidency for initiating the proposal and to all Member States for adopting today the Council conclusions. These conclusions include clear actions to accelerate the deployment of geothermal energy in Europe. This recognition underscores the pivotal role of geothermal energy in driving Europe’s transition to a local, sustainable, resilient, and cost-effective energy system.

"EGEC warmly welcomes the Council Conclusions agreed upon by Europe's Energy Ministers today. Now, it is up to the European Commission to deliver," said Philippe Dumas, Secretary General of EGEC.

This marks an important step forward, following calls from the European Parliament (EP), the Committee of the Regions (CoR), and the European Economic and Social Committee (EESC) for the European Commission to prepare a dedicated European Geothermal Action Plan with concrete actions to deploy geothermal energy all over Europe. The conclusions recognise the key role geothermal must play to decarbonise buildings and industry. We are encouraged by the commitments made by the new Energy Commissioner during his recent commitment to prioritise this initiative.

"The Geothermal Action Plan must facilitate investments in local jobs, growth, and reducing energy costs for families, offices, and industries," added Sanjeev Kumar, EGEC Head of Policy.

The Council calls for the Commission to set up a European Geothermal Alliance to bring together all key stakeholders to advance geothermal solutions in Europe.

EGEC and its members stand ready to actively support the strategy's implementation and contribute to building the robust alliance needed to drive geothermal forward.


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