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| Nicola Verruzzi. Photographer: Alessia Pierdomenico/Bloomberg |
For at least a dozen villages surrounding Montieri, capping incentives for geothermal wells would be both a financial and emotional blow. The Tuscan region gets about 30 percent of its power from geothermal sources, with zero emissions.
And while only 2.3 percent of Enel’s power generation comes from the wells, they play a crucial role in guaranteeing stable electricity output to the grid. Unlike wind or solar farms, the power from geothermal wells flows without interruption. If the government moves ahead with limiting geothermal incentives, Enel could miss out on about 600 million euros ($681 million) of investments, according to a person close to the situation who asked not to be named because the estimates are confidential. The company declined to comment.
From the Global Geothermal News archives.........
- Monday, December 3, 2018 - Italy: At Least Two Thousand Gather to Support Geothermal Energy in Tuscany
- Tuesday, November 13, 2018 - Italy: Concern that Government Will Not Include Geothermal in Renewable Energy Law
