Geo news briefs from Europe.
*Report: Financing Geo in Europe
*UK: Cornwall Given More Time
GeoElec Project in Europe has released a report on how to finance a geothermal power plant in Europe. “The GeoElec Geothermal Investment covers the stages of development of a geothermal plant, the key aspects of financing, revenue streams, and legal aspects. It also includes two case studies of hypothetical plants in Iceland and Germany,” according to their press release. The European Geothermal Energy Council and the EU aided the report.
EGS Energy has asked for, and received, more time to develop the Eden geothermal community project at Cornwall in the UK. The delays are related to inadequate funding.