Report identifies 30 European industrial hubs for geothermal heat integration
A new study highlights 30 locations in Europe where geothermal energy could replace fossil fuels in industrial processes, potentially reducing CO2 emissions by 4.3 million tons annually.
A technical analysis has pinpointed 30 European industrial clusters suitable for geothermal heat conversion. By utilizing subterranean thermal energy, these regions could transition away from traditional fuel sources, lowering operational costs by an estimated 850 million euros per year.
The integration of geothermal infrastructure addresses long-term energy security concerns for the continent. The research indicates that shifting these industrial hubs to renewable thermal power would prevent 4.3 million tonnes of carbon dioxide emissions annually, contributing significantly to European decarbonization targets.
While the capital investment for geothermal extraction remains high, the study suggests that the long-term savings on fuel and carbon pricing make these 30 locations the most viable candidates for immediate development. Policymakers and industrial stakeholders are now assessing the regulatory steps required to mobilize these projects.