Tag Archives: Geothermal energy

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Slovenia awards first concession for geothermal exploration

The Government of Slovenia has awarded a concession for geothermal exploration in the municipality of Lendava to Verde Energy. Slovenia doesn’t yet use geothermal energy for electricity production. It is the first concession awarded for geothermal energy, marking an important step toward decarbonizing the Pomurje region, according to the Government of Slovenia. Lendava is also […]

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IRENA: 91% of new renewables units are more cost-effective than fossil fuel alternatives

The fossil fuel age is crumbling, according to UN Secretary-General António Guterres. Renewables maintained their cost leadership in global power markets, the International Renewable Energy Agency said in an annual report. In 2024, onshore wind farms were the cheapest of all versus the lowest-cost fossil fuel alternatives, by 53% on average, while photovoltaic systems were […]

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Croatia confirms major geothermal resource for district heating

The Croatian Hydrocarbon Agency’s exploratory activities at a preliminary exploration site in Velika Gorica have confirmed significant geothermal potential. The output from this single geothermal well could meet nearly 60% of the thermal energy needs of the city’s district heating system, the agency said. The recorded reservoir temperature exceeds 100 degrees Celsius, and the well’s […]

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Turkey discovers its hottest geothermal well to date

Turkey’s Sanko Holding has discovered the country’s hottest geothermal well with access to a geothermal source, with temperatures reaching 308 degrees Celsius, according to an announcement from JESDER, the Turkish association of geothermal power plant developers. “After a difficult and determined search, we learned with great pride that the hottest geothermal production well […] in […]