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Geothermal International Market Report

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Geothermal International Market Report ( geothermal-international-market-report )

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Despite the advancement of geothermal technologies, development is proceeding at a slower pace than for other renewables, mostly due to the lack of support schemes. For example, twenty-three EU member states have feed-in tariffs in place for renewable technologies, 87 but only ten of those provide feed-in tariffs for geothermal.88 Considering EU’s climate change efforts and its goal to reduce greenhouse gases by 20 percent, or even 30 percent, by 2020 from 1990 levels, electricity from geothermal sources has a “huge potential” to help reduce emissions, according to calculations by the IPCC.89 Germany In 2010 and 2011 Germany generated around 628 and 615 billion KWh of electricity, respectively. Germany’s largest source of electricity is coal, which makes up almost 25 percent of overall production. In 2010 the second largest source of power was nuclear with 22.4 percent, while in 2011 renewable sources came in second with 19.9 percent, whithin which geothermal energy was not yet a significant factor90 with only 19,000 MWh.91 Nevertheless, as the German geothermal energy association shows, deep-drilling geothermal energy (which includes power and heat) generated 1,400 jobs in 2011.92 Germany’s goal for power production from renewable energy is 30 percent by 2020.93 Despite Germany’s declining population, energy consumption is projected to increase due to an growing number of individual households and mobility requirements.94 In 2010 Germany generated 27,700 MWh from geothermal energy,95 supplying power for over 9,000 households. The following year Germany only produced 19,000 MWh96 for two reasons: the two largest geothermal plants in Germany underwent substantial maintenance, and one of them, in Unterhaching, switched from power to increased heat generation due to higher demand for heat.97 Germany currently has an installed capacity of 7.3 MW for electricity generation from five geothermal power plants.98 Another 68 geothermal plants are being planned for development in Germany, 22 of which are designated for power generations. For the remaining 42 plants in the planning stage it is not clear yet whether they will be used for power generation or district heating.99 Figure 7: Areas with Geothermal Potential in Germany Source: Geothermie-Dialog 19

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