Friday, November 21, 2014

European Union:

European Geothermal Energy Council Suggests EU Invests More in Geothermal Energy (EGEC)

Next week European Commission President Junker is to unveil his plan to re-launch the EU economy (by mobilizing EUR 330 bn in total).

In a letter sent today, the European Geothermal Energy Council (EGEC) calls on the European Commission to earmark a substantial part of its investment package for deploying geothermal cogeneration and  heat projects.

In particular, investments in the energy sector should go in priority to:

  • Building renovation with energy efficiency measures and fuel switch to renewable heating.
  • District heating and cogeneration generation units and distribution networks, including for their refurbishment with RES integration;
  • Low temperature process heat from RES to decarbonize the industrial sector.

The full letter is available here.