Alexander Richter, Think Geoenergy
Lisbon, Portugal (source: flickr/ Andrea Mann, creative commons)
Summary
As reported in early July, the Government of Portugal has announced a total of EUR 2.1 million ($2.4 million) in funding aimed at supporting geothermal energy projects.
The funding was announced as part of the country’s Innovation Support Fund, that will also operate the funding initiative. It is aimed at increasing the use of geothermal energy in Portugal.
EUR 1.7 million ($2 million) of the amount is aimed for the development and expansion of district heating projects, or the connecting new users to existing networks.
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