The European Council recently concluded an approval to promote geothermal energy within EU member states, aiming to accelerate the decarbonization of heating and cooling with an affordable and secure energy source. To achieve this, the Council calls for faster geothermal deployment and facilitating permitting and access.
Proposals include converting underground fossil fuel facilities into geothermal sites and implementing training programs to develop a skilled workforce. Additionally, Member States are encouraged to establish incentives to address the high upfront costs and risks associated with geothermal projects, as well as promote the construction of district heating networks.
Eavor aims to achieve these goals in Geretsried, Germany, where heat can be extracted via conduction in a closed-loop system to provide heat for 20,000 homes in the region. Its scalable design and ability to minimize risks associated with conventional geothermal and make it a promising solution for expanding renewable energy capacity across EU member states.
The Council also proposes the formation of a European Geothermal Alliance, which would bring together policymakers, industry representatives, and investors to tackle challenges and advance geothermal deployment.
Hungarian Energy Minister Csaba Lantos emphasized the importance of geothermal energy, describing it as a sustainable, weather-independent source capable of providing consistent electricity and heat. He highlighted its role in supporting Europe’s transition to carbon-free energy, boosting competitiveness, and ensuring energy independence.
