The EU council calls for a European geothermal action plan
The Council calls on the EU Commission to draw up a European geothermal action plan with concrete measures to accelerate the deployment of geothermal energy.
Using today’s well-established technologies, geothermal energy has the potential to supply 25% of the EU’s heating and cooling needs and 10% of its electricity production, according to the European Commission’s Strategic Energy Technology Plan. Next-generation technologies could significantly increase these figures.
At the EU Energy Council meeting on Monday, the International Energy Agency (IEA) Executive Director Fatih Birol addressed the ministers, presenting the IEA’s recent report on the future of geothermal energy. The report shows that geothermal energy could support 15% of total electricity generation by 2050, compared to the 1% it accounts for today.
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