CROWDTHERMAL services for the energy transition and the Green Deal

The European Green Deal, the EU’s climate and economic policy that aims at transforming Europe into the first climate-neutral continent by 2050, focuses on clean energy and climate action. However, the energy transition will not happen without citizens. The CROWDTHERMAL project places citizens at th...

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Published inEuropean geologist Vol. 54; pp. 51 - 57
Main Authors Isabel Fernández, Márcio Tameirao Pinto, Tamas Miklovicz
Format Journal Article
LanguageEnglish
Published European Federation of Geologists 01.12.2022
Subjects
alternative financing schemes
energy transition
geothermal energy
green deal
risk mitigation
social acceptance
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Abstract The European Green Deal, the EU’s climate and economic policy that aims at transforming Europe into the first climate-neutral continent by 2050, focuses on clean energy and climate action. However, the energy transition will not happen without citizens. The CROWDTHERMAL project places citizens at the centre of energy supply development. The project has elaborated web tools for community investors, local authorities and project developers. Through the “Core Services” portal, they can identify the most efficient social engagement strategies and financial instruments; carry out a self-assessment on financial and risk mitigation; discover the parameters for economic modelling of projects; learn the fundamental aspects for the successful implementation of a geothermal project; and browse a meta-database of geothermal projects with the option to self-register.
AbstractList The European Green Deal, the EU’s climate and economic policy that aims at transforming Europe into the first climate-neutral continent by 2050, focuses on clean energy and climate action. However, the energy transition will not happen without citizens. The CROWDTHERMAL project places citizens at the centre of energy supply development. The project has elaborated web tools for community investors, local authorities and project developers. Through the “Core Services” portal, they can identify the most efficient social engagement strategies and financial instruments; carry out a self-assessment on financial and risk mitigation; discover the parameters for economic modelling of projects; learn the fundamental aspects for the successful implementation of a geothermal project; and browse a meta-database of geothermal projects with the option to self-register.
Author Tamas Miklovicz
Márcio Tameirao Pinto
Isabel Fernández
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SubjectTerms alternative financing schemes
energy transition
geothermal energy
green deal
risk mitigation
social acceptance
Title CROWDTHERMAL services for the energy transition and the Green Deal
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