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European Technology and Innovation Platform on Geothermal (ETIP-Geothermal)
Since 2020, the Support Unit of the Geothermal Implementation Working Group has been monitoring the execution of the Geothermal Implementation Plan, focusing initially on cost reduction through Key Performance Indicators (KPIs) for deep geothermal technologies. With the launch of Geotherm-FORA in 2022, the mandate expanded to cover all geothermal technologies, including references to “Made in Europe” manufacturing in line with the Net Zero Industry Act. This report presents an updated set of KPIs to support EU Green Deal policies, assessing cost reductions, efficiency improvements, and European manufacturing requirements. The KPIs were developed through public consultations and validated workshops with a wide range of geothermal stakeholders. Reference plants and assets are described based on European average profiles, using data from literature, public authorities, and market interviews. The report provides a comprehensive tool for tracking progress and informing policy and regulatory decisions.