The European Technology & Innovation Platform on Geothermal (ETIP-G) is pleased to announce the release of its Strategic Research and Innovation Agenda for Geothermal technologies. This R&I agenda aims to shape the strategic plan for research and innovation (R&I) in the geothermal sector and to outline research priorities for the upcoming decades.
The European Union (EU) has implemented several legislative measures to guide the energy transition in the last few years. Geothermal energy is a distinct and pivotal form of renewable energy, and its capabilities encompass electric generation, heating, cooling, hot water provision and thermal underground storage for short and seasonal storage. The imperative to respond effectively to the climate crisis, ensure energy supply resilience, and offer accessible energy necessitates our journey toward a climate-neutral economy by 2050.
“The ETIP geothermal members have done immense work to write this Strategic Research and Innovation Agenda on geothermal technologies. I want to thank all of them. The merger with the RHC-Plaform geothermal panel from 2023 has even strengthened the power of the ETIP and made it a unique and relevant platform for geothermal R&I. Developing these technologies will make geothermal the key energy source of the transition towards climate neutrality by 2050. Geothermal technologies are a solution for the electricity system, the heating and cooling supply, the system integration with thermal underground storage, and the sustainable extraction of minerals such as lithium. Geothermal will support local economic development and security of energy supply in a sustainable way.”
Fausto Batini, ETIP Geothermal President.
The SET Plan Geothermal IWG estimates that current annual investment, both public and private, in national and transnational research and innovation projects in the geothermal sector needs to be tripled from €100 million to €300 million by 2030 in order for Europe to reach its goals on transitioning to renewable energy sources. This is in line with the ambitions and the potential for geothermal energy.
Therefore, ETIP Geothermal would like to request more funding for geothermal research and innovation in WP 2025 – 2027 in order to properly implement the key climate & energy, and industrial policies.