Future law aims to expedite geothermal development in Germany

According to Reuters, A new law is being drafted in Germany to expedite the approval process for new geothermal opportunities, according to an article in Reuters. This new law aims to increase the development of geothermal plants, heat pumps and heat storage systems to gradually replace fossil fuels in the country’s heating system by 2045. In alignment with this initiative, Eavor has partnered with Hanover-based sustainable energy company enercity, signing a heat supply agreement that marks a significant step forward in achieving a cleaner heating system for Germany. The project will provide up to 30MW of geothermal power annually, supplying 250 million kilowatt hours of heat to around 20,000 homes starting in 2026.