| Title | EGEC Deep Geothermal Market Report |
|---|---|
| Authors | Burkhard Sanner |
| Year | 2012 |
| Conference | International Summer School |
| Keywords | |
| Abstract | The geothermal industry experienced significant growth in 2010, and the total installed electric capacity in Europe now amounts to around 1.6 GWe, producing some 10.9 TWeh of electric power every year. There are 59 geothermal power plants in Europe, with 47 of these located in EU Member States, namely in Italy where there are 35 plants; meaning an EU installed capacity of ca. 0.9 GWe. Accord-ing to the 75 planned projects (a geothermal plant typically needs 5 years to become operational), additional capacity will grow from 1.6 GWe installed in 2011 to 2.6 GWe in 2015, with this major increase linked to the rapid growth of the Turkish and Icelandic markets. In addition, 99 projects are currently being explored, representing a capacity of around 0.75 GWe. After 20 years of slower paced development, the geothermal district heating (GeoDH) market has seen a renewal of momentum in the last 2 years. Currently, there are 212 GeoDH systems in opera-tion in Europe, with a total installed capacity of about 4.7 GWth. The heating and cooling sector represents 50% of the final energy demand in Europe, and geothermal is more and more attractive as a competitive renewable heating source, as there is a dual need to decarbonize this sector, while en-suring the provision of heating at an affordable price for consumers. The ‘hot’ GeoDH markets in Europe are in France (Paris, and renewed activity in the Aquitaine basin), Germany (Munich) and Hungary, but it is important to always underline that GeoDH systems can be installed in all European countries. In recent times, there have been new entrants to the market: The Netherlands, Spain (Ma-drid), UK (Newcastle) etc. By 2020, nearly all states in Europe will have GeoDH. |