Opinion: Draft regulatory framework could boost GT exploration in Europe

Dave Forest writes for oilprice.com: “I’ve received a copy of a new regulation framework for geothermal energy in Europe. Geothermal is still an infant industry. In many countries, governments lack even a basic mechanism for granting licenses on geothermal projects. There just isn’t any legal-work around giving a company rights to hot groundwater. There’s a lot of geothermal heat around the world. Nations that design competitive financial regimes are going to see a lot of it exploited over the coming years.”