Why Invest in Italian Geothermal? (Volcanex)
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Addressing readers at WGC 2015): Australian investors seeking international renewable energy opportunities should consider geothermal energy in Italy. The European power market is rapidly transitioning towards renewable technologies under strong EU climate change and energy security policies and in certain countries local, climate-friendly, geothermal energy is making a significant contribution to utility-scale electricity and heating supplies. Australian familiarity with geological risk should be able to provide an investment boost.
Italy, in particular, offers all of the necessary components of successful geothermal power projects except for sufficient finance. While some of these components are more or less attractive compared to those in other geothermal countries their overall combination highlights Italy as a compelling geothermal investment destination.
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