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High energy prices: Geothermal as the missing piece  to prevent future crises

07/03/2022

 

  • Date: March 14, 2022
  • Time: 11:00
  • Location: Online

Commissioner Kadri Simson, keynote speaker:
Energy prices have soared in Europe because of the explosion of the price of natural gas after two years of pandemic, climate impacts and unforeseen supply chain disruptions. Because of the role of gas as the key provider of flexibility to the electricity system, this price increased has impacted European consumers in their heating bills as well as their electricity bills.

The European Commission and Member States quickly stepped in to provide answers to the ongoing crisis. This event will explore the role of a diversification of renewable energy sources, notably looking at geothermal energy technologies, in providing the necessary flexibility to avoid future disruptions and guarantee reliable energy at stable prices to European Consumers.

The event will explore how geothermal energy technologies – which provide reliable and flexible electricity, heating and cooling – can be a key source of flexibility for the integrated energy system. The event will seek to provide recommendations for best practices in the geothermal industry, and how recently adopted measures at the European level can be an opportunity for market uptake. It will also look how flexibility from renewables can be better included in the ongoing discussions on the Fit for 55% and the gas package.

Draft agenda

  • Introduction Speech: Kadri Simson, Commissioner for Energy, European Commission
  • Claude Turmes, Minister for Energy, Luxembourg (tbc)
  • Nicola Danti, Member of the European Parliament (tbc)
  • Nicolás González Casares, Member of the European Parliament
  • Philippe Dumas, Secretary General, EGEC Geothermal

Moderator: EGEC

REGISTRATION

KeyFacts Energy Industry Directory: EGEC

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