Ember Report: Geothermal Energy Could Replace 42% of EU Coal and Gas Electricity Generation
A report by Ember indicates that geothermal energy could replace up to 42% of the EU's electricity generation from coal and gas, providing stable electricity at under €100 per MWh. Advancements in drilling techniques, particularly Enhanced Geothermal Systems (EGS), have made previously inaccessible geothermal resources viable for large-scale production. The report highlights Hungary as having the highest potential, followed by Poland, Germany, and France, with a total competitive capacity of 43 GW identified.
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A recent Ember report suggests that geothermal energy could replace up to 42% of EU electricity generation from coal and gas, offering stable electricity below €100 per MWh. This potential is driven by advancements in deep drilling techniques and EGS, which allow access to deeper, hotter rock layers.
Ember estimates 43 GW of competitive geothermal capacity across Europe, with Hungary leading at 28 GW, followed by Poland, Germany, and France. Geothermal energy's predictable output and high capacity factors position it as a viable alternative to fossil fuels, particularly amid fluctuating international energy prices.
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