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ETIP-Geothermal launches new vision for geothermal energy for 2030 and 2050

By District Energy posted 09-19-2024 11:05

  

Renewable Energy Magazine

Summary

ETIP-Geothermal has announced the launch of “Geothermal Horizons: From Cities to Regions” – a new roadmap outlining the potential of geothermal energy to play a vital role in the energy transition across europe and contributing significantly to achieving the EU’s climate-neutral milestone by 2050.

Geothermal energy is a key renewable energy technology with a wide range of applications, including heating and cooling, electricity generation, hot water provision and thermal underground storage across the year.

ETIP-Geothermal’s new roadmap is a forward-looking initiative that is intended to serve as the cornerstone in the EU’s journey towards climate neutrality by 2050. Utilising the extensive geothermal resources available across Europe will enable cities like Paris (France), Munich (Germany), and Szeged (Hungary), as well as regions like Tuscany (Italy) to showcase the effectiveness of geothermal energy in reducing dependence on fossil fuels and supporting Europe local economic growth.

Geothermal heat with district heating and cooling, supply to industry, agriculture and buildings with collective and individual heat pumps, covers more than 30 percent of Europe’s demand for heating and cooling.

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