Tuesday, September 11, 2018

Europe: Opinion - "The geothermal sector has a timeframe of no longer than 5 to 8 years to prove its competitiveness against solar and wind energy."

Interview with János Szanyi, Coordinator of the EFG Panel of Experts on Geothermal Energy (European Federation of Geologists - EFG)

János Szanyi
János Szanyi is an assistant professor at the University of Szeged in Hungary 

How would you define the role of geothermal energy in Europe’s energy mix today? The importance of the heating and cooling sector is bigger than that of the electricity generation sector. It derives from the geological background so this situation reflects reality. The problem is the too small portion of geothermal sectors from the energy mix, which are deeply under the potential except for few countries.

How do you evaluate future perspectives for the geothermal energy sector? The geothermal energy is one of the greenest resources with a very low CO2 emission level. Due to the Research & Development investments, the exploration/exploitation risks and drilling costs will be reduced in the deep geothermal sector. Furthermore, the new technologies in the oil and gas sector are improving the geothermal sector as well.

How do you see the future role of geoscientists in your field of expertise, for example, 20 years ahead from now? The geothermal sector has a timeframe of no longer than 5 to 8 years to prove its competitiveness against solar and wind energy. So, the technical breakthrough will have to take place in the next 10 years, otherwise geothermal will be far behind the other renewables.

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