This report from the International Renewable Energy Agency (IRENA), prepared in collaboration with regional researchers, aims to support South East European governments in preparing long-term renewable energy strategies.
The geothermal energy potential of the region is primarily characterised by a relatively low-enthalpy resource base, which is more appropriate for non-power
applications. Binary plants that allow cooler geothermal reservoirs to be used for electricity generation are the only feasible option, which offer a potential of
up to 690 megawatts (MW) at an average LCOE of EUR 86/MWh in the medium cost of capital scenario.
This renewable could be deployed mainly in Romania and, to a lesser extent, in Bulgaria, Croatia and Slovenia. In the rest of SEE, the geothermal electricity potential is often marginal and uncertain.
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