New energy policy for Greece sets 100 MW geothermal generation capacity target
With new ambitious renewable energy target, the Greek government has set a 100 MW geothermal power generation capacity target. The larger opportunities lie with heating and cooling targets, where geothermal could shine.
As reported by PV Magazine, Greece has released a document that lays a path for national energy and climate policy over the next decade, while outlining plans to facilitate significant renewable energy development through 2030.
The plan – so PV Magazine – requires a 35% stake of renewable energy in the country’s final energy consumption in 2030. The initial target for the country was 31%. Of that around 61% are to come from renewable energy sourced electricity by 2030, 43% of the countries heating and cooling is to come from renewables and around 19% of the transportation needs.
With a staggering target for solar PV capacity of 7.7 GW, wind power capacity is to contribute 7 GW, 3.7 GW hydropower, 300 MW of biomass and biogas and 100 MW from geothermal.
How realistic those targets are, particularly as they pertain to geothermal energy will have to be seen. But with a strong emphasis on renewable energy utilisation for heating and cooling, there are plentiful opportunities for geothermal energy utilisation.
Source: PV Magazine