Using geothermal resources can provide economic development opportunities for countries in the form of energy savings, taxes, royalties, technology export, and jobs. The GeoDH project co-funded by the Intelligent Energy Europe Programme drafted recommendations on how to overcome administrative, legal and financial barriers including a shared know-how transfer based on best practices.
This detailed Fact Sheet includes the main outputs of the project, the evaluation of market barriers and regulations, links on project management and financing, training material, business models for geothermal district heating as well as s summary of the EU’s contribution.
Read more about GeoDH at CORDIS: http://europa.eu/!wW73MW and at the project website
Watch GeoDH’s video on the use of geothermal energy
Photo copyrights: © Sigal Suhler Moran i.Stock.com
New funding opportunities
The EU’s Executive Agency for Small and Medium-sized Enterprises (EASME) manages the funding for projects in this field.