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Enhanced geothermal systems (EGS) could enable the EU to reduce its reliance on fossil fuels, revealing a potential of 43 GW at a cost of under €100/MWh according to an Ember report. This capacity could yield 301 TWh per year, equating to 42% of projected fossil fuel electricity in 2025.

EGS technology, capable of drilling up to 8 km deep, can harness energy across regions without volcanic activity, notably in Hungary (28 GW) and Turkey (6 GW). However, the report cautions that slow deployment may compromise Europe’s leadership in geothermal energy and urges political support for large-scale initiatives.