Geothermal cooperation agreement between Germany and Turkey signed in Ankara
The German Geothermal Association and the Turkish Geothermal Power Plant Investors Association (JESDER) have signed a cooperation agreement, to intensify the promotion of business opportunities and work on technological development in both countries.
This morning, Dr. Horst Kreuter, Special Representative of the German Geothermal Association, and Ali Kindap, President of the Turkish
Geothermal Power Plant Investors Association (JESDER) signed a cooperation agreement, as part of the state visit of German Federal Minister for Economic Affairs and Energy, Peter Altmeiner to Ankara, Turkey.
With the cooperation of these two association is to exchange information and to promote new developments. “This agreement is an important sign in the future to increasingly exchange experiences across national borders and to promote developments in geothermal energy in this way,” emphasizes Dr. med. Erwin Knapek, President of the Federal Association Geothermal.
The aim is to intensify cooperation to promote shared interests and to export German know-how. In particular, topics of the future such as Enhanced Geothermal Systems (EGS) and Reservoir Management will be discussed. Other important points are the direct use of geothermal energy, e.g. for the heating of buildings and greenhouses, as well as contracting solutions for heat projects. A bi-national working group is to be set up to implement the goals. In addition, regular meetings, joint publications as well as seminars and conferences to disseminate the results are planned.
Part of the economic cooperation on geothermal development, are to be accompanied by German companies active in the sector.
Geothermal energy represents a significant contribution to energy production from renewable energies both in Germany and in Turkey. Since the beginning of October, the two associations have been working together in the European project “GeoRisk” on the development and introduction of a financial and insurance structure to cover the geothermal exploration risk in Turkey and other countries. An exchange between the countries has already taken place in the past. Among other things, Turkey has twice been the partner country of the German Geothermal Congress, with numerous guests from Turkey.
Source: Press Release