EGEC Publishes Paper on “Financing Geothermal Energy” (European Geothermal Energy Council)
Within the framework of the current debate on financing renewable energy, the
European Geothermal Energy Council (EGEC) publishes today a Policy Paper “
Financing Geothermal Energy” (PDF) with key recommendations for policy-makers. The enormous long-term potential and full benefits, including in terms of competitiveness of geothermal energy will be realized with innovative financial tools and smart and temporary support schemes.
Geothermal energy will play a key role in the future European energy mix as it provides renewable base-load and flexible electricity and continuous heat/cold production everywhere. From a system-approach perspective it can therefore genuinely increase the sustainability, affordability as well as security of energy supply at regional, national and European level.
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