In March 2018, the Vision for Deep Geothermal outlined the goals to be achieved in terms of performance and cost‐reductions.
The Strategic Research and Innovation Agenda published in April 2019, recommended actions and research priorities that should be addressed to achieve the key technological and transversal challenges that could make the Vision a solid reality between now and 2050.
The European Technology & Innovation Platform on Deep Geothermal (ETIP-DG) has released in June 2019 its Implementation roadmap for Deep Geothermal, which aims to identify a path forward, developing high performance, cost-effective and sustainable deep geothermal technologies that can expand the production of electricity, heating and cooling while reinforcing EU industrial capacity and leadership in the sector.
The Roadmap 2020-2030 is ranking short to medium term challenges and actions, tracks long-term strategy, and offering a description of topics and goals, providing performance indicators.
To fund these research and innovation activities for deep geothermal, The ETIP-DG estimates that € 1.85 billion is required for the successful implementation of this Deep Geothermal Roadmap. It is necessary to strengthen R&I private investments and increase the public funding budget for R&I projects at European, national and regional levels for the next decade. Moreover, a strengthening of the market deployment policy and knowledge sharing for deep geothermal is also required.
A new generation of deep geothermal systems and technologies, the adaptation of existing technologies for new applications and markets, novel applications to be demonstrated, standardised and combined in hybrid systems, and the promotion of pre-existing technologies will all contribute to an accelerated deployment of geothermal in Europe in the context of the 2030 milestones.