The incentive regime is largely a response to European Commission Directive 2009/28 which established the target of 20 % of total European energy consumption to be provided by renewable energy sources by 2020. It also included mandatory national targets for each member country and other measures including improved grid access for renewable power sources. Italy was required to increase its overall renewable energy share from 4.92 % in 2005 to 17 % by 2020.
Volcanex Geothermal consists of two professional service companies in Australia and Italy headed by Dr Graeme Wheller. It includes an international network of like-minded consultants and data acquisition and processing contractors who can be efficiently employed on client projects as required.
