On 1st February, the European Commission presented The Green Deal Industrial Plan; Measures include simplifying permitting, adapting EU state aid rules, leveraging EU funds, reinforcing supply chain and enhancing skills.
For tripling geothermal by 2030, a European geothermal industrial partnership must be launched.
The plan has to be translated into establishing risk mitigation schemes, funding for geothermal base load power, geothermal cold and heat supply and geothermal lithium and minerals. An industrial partnership for geothermal development will reinforce the supply chain and the skills required.
