Monday, June 3, 2019

Europe: EGEC Geothermal Market Report Confirms Trend Towards Steady Growth

Geothermal energy consolidates its market uptake but much potential remains untapped (EGEC)

The European Geothermal Energy Council (EGEC) Geothermal Market Report confirms the trend towards the steady growth observed in recent years, but also notes the need for greater recognition in order to enable the full deployment of geothermal energy in Europe.

The EGEC Geothermal Market Report 2018 is being published today. This publication comes as the geothermal sector has continued its steady development. Core markets have continued carrying developments in geothermal electricity, large geothermal heating and cooling projects and deployment of small scale geothermal heating and cooling systems. Meanwhile, the use of geothermal energy has also expanded geographically with such milestones as the commissioning of Croatia’s first geothermal power plant during the year 2018.

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