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Wednesday, May 17, 2017

Europe: More than 100 Geothermal Power Plants with Installed Capacity of About 2.5 GWe - Report

European geothermal energy needs regulatory certainty to sustain its steady growth (News Release)

EGEC, the European Geothermal Energy Council, has published the sixth edition of its annual study evaluating the development of the geothermal sector in Europe. In conjunction with the release of the report, EGEC has also unveiled its new logo and website.

The report shows that over the last five years (2012-2016), the use of geothermal energy, particularly for heat, has slowly but steadily increased across Europe.

In Europe, there exist more than 100 geothermal power plants, with an installed capacity that amounted to around 2.5 GWe in 2016 (of which 1 GWe is in the EU), producing some 15 TWh of electrical power every year. It is believed that the installed capacity on the continent will grow to around 3 GWe in 2020, with this major increase linked to the rapid growth of the Turkish market.