European groups support 2030 RE goals; Two deep geothermal licences in the Netherlands

A group of 65 European companies and associations is targeting 2030 renewable energy goals. Two deep geothermal licences are awarded in the Netherlands.

European Groups Support 2030 RE Goals
The Netherlands: Transmark Granted Two Deep Geothermal Licenses

European Groups Support 2030 RE Goals
A group of 65 European companies and associations, including the European Geothermal Energy Council (EGEC), has written a letter to EU officials asking for new
climate and energy framework defining renewable energy targets for 2030 (Erec.org (PDF)). The letter reads:

Dear Ministers for Energy,
Dear Commissioner for Energy,
Dear Commissioner for Climate Action,

The transition to a sustainable economy is a tremendous chance to boost economic growth
and create new jobs while securing environmental protection. With the 20-20-20 policy
framework the European Union (EU) has set a clear direction for its energy and climate
policies up to 2020.

However, 2030 is already at our doorstep. Given the long investment cycles in the energy
sector and the fact that investment decisions in the EU’s liberalised energy markets strongly
depend on reliability, certainty about the regulatory framework of the next 17 years is
needed.

Such a framework bears the opportunity to reduce the current costs of uncertainty, mobilise
the needed funding, help to protect the environment, decrease the costs of decarbonisation,
facilitate the creation of new jobs and enhance the EU’s technology leadership.

We, as a group of 65 European companies and associations, strongly believe that a new
climate and energy framework for 2030 needs to be based on mutually reinforcing tools and
targets, including a legally binding target for renewable energy, and urge all policy makers to
support a strong and ambitious regulatory framework for the years to come.

The Netherlands: Transmark Granted Two Deep Geothermal Licenses
Transmark Renewables has been granted two deep geothermal licenses in the Netherlands by the ministry. The licenses are located in Friesland and Noord-Brabant/Utrecht, and Transmark could begin drilling within 3 to 4 years after exploration activities. The company is also active in Chile and Turkey; early this year GEA news noted that the company’s five geothermal exploration licenses in Turkey were converted to operational licenses. Transmark-renewables.com; Geo-energy.org (PDF)

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