Think GeoEnergy
Summary
The European Geothermal Energy Council (EGEC) has released their 2021 Market Report that provides an in-depth assessment of the evolution of geothermal industry in Europe during the year 2021. The full report is only accessible to EGEC members, but the Key Findings summary document is available for everyone.
The rebound of the geothermal industry from the slowdown experienced because of the COVID pandemic was a major finding of the report. In 2021, the sales and new installations of geothermal heat pumps reached record growth levels in several European countries including France (73%), Germany (10%), Austria (59%), and Belgium (35%). Germany and Sweden still dominated this market, accounting for about half of annual sales.
In 2021, 13 new geothermal district heating and cooling projects were commissioned, accounting for more than 154 MWTh of new capacity. France, Poland, and Iceland accounted for more than three-quarters of this growth.
There were a few notable firsts in the geothermal heating and cooling sector. The first geothermal district cooling project was commissioned in Finland, the renewed geothermal industry in Poland is delivering new capacity, and efforts have started for direct use of geothermal heating for a paper manufacturing facility in the Netherlands.
Continue Reading
#News
#DistrictHeating#Geothermal