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Geothermal energy is one of the most environmental-friendly and cost-effective energy resources in use and has the potential to help mitigate global warming if widely deployed in place of fossil fuel. Recent technological progress, the variability of the cost and the difficult of oil and gas supply, the need to reduce the use of fossil fuels to cut pollution and our reliance on supplies from foreign countries have made the exploitation of geothermal energy, especially low-enthalpy power generation utilizing GCHP (Ground Coupled Heat Pumps) an attractive and viable alternative. Technological advances have dramatically expanded the range and size of viable resources, especially for applications such as home heating and cooling, opening a potential for widespread exploitation (e.g. GE application to curb energy consumption of industries and SMEs). The GEO.POWER partners, being aware of energy challenges, decided to develop a capitalisation project on geothermal energy under the IVC Programme's environmental sub-theme on the energy and sustainable transport, to fill their legislation gaps and in that way actively contribute to the EU "20-20-20" objective as well as to international climate agreements like Kyoto and Copenhagen protocols. |









