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LAPSE:2023.8606

The CROWDTHERMAL Project: Creating Public Acceptance of Geothermal Energy and Opportunities for Community Financing

Isabel Fernández Fuentes, Amel Barich, Christina Baisch, Balazs Bodo, Ottó Elíasson, Gioia Falcone, Georgie Friederichs, Margarita de Gregorio, Jan Hildebrand, Anastasia Ioannou, Tamas Medgyes, Tamas Miklovicz, Paloma Pérez, Marcio Tameirao Pinto

February 24, 2023

Abstract
One of the major challenges regarding energy transition is to create active support towards renewable energy installations on a local level. The CROWDTHERMAL project presents practical approaches for involving local stakeholders in different measures in order to develop acceptable solutions. Based on technical evidence and data from concrete case studies, the project shows ways how community funding can increase social acceptance towards geothermal energy installations. The presented solutions are based on alternative financial schemes studies and risk mitigation analysis in geothermal projects.

Record ID

LAPSE:2023.8606

Keywords

alternative financial schemes, CROWDTHERMAL, geothermal energy, risk mitigation, social acceptance

Subject

Energy Systems

Suggested Citation

Fernández Fuentes I, Barich A, Baisch C, Bodo B, Elíasson O, Falcone G, Friederichs G, Gregorio MD, Hildebrand J, Ioannou A, Medgyes T, Miklovicz T, Pérez P, Pinto MT. The CROWDTHERMAL Project: Creating Public Acceptance of Geothermal Energy and Opportunities for Community Financing. (2023). LAPSE:2023.8606

Author Affiliations

Fernández Fuentes I: European Federation of Geologists (EFG), 1000 Brussels, Belgium [ORCID]
Barich A: Geothermal Research Cluster (GEORG), 101 Reykjavík, Iceland [ORCID]
Baisch C: Vulcan Energy Subsurface Solutions GmbH (VES), 76227 Karlsruhe, Germany
Bodo B: La Palma Research Centre (LPRC), 38760 Los Llanos de Aridane, Spain
Elíasson O: EIMUR, Hafnarstræti 91, 603 Akureyri, Iceland [ORCID]
Falcone G: James Watt School of Engineering, Systems, Power and Energy Division, University of Glasgow (UoG), Glasgow G12 8QQ, Scotland, UK [ORCID]
Friederichs G: CrowdFundingHub BV (CFH), 1064 NW Amsterdam, The Netherlands
Gregorio MD: Spanish Geothermal Technology and Innovation Platform (GEOPLAT), 28009 Madrid, Spain
Hildebrand J: Institute for Future Energy and Material Flow Systems (IZES), 66115 Saarbrücken, Germany
Ioannou A: James Watt School of Engineering, Systems, Power and Energy Division, University of Glasgow (UoG), Glasgow G12 8QQ, Scotland, UK
Medgyes T: District Heating Company of Szeged (SZDH), 6724 Szeged, Hungary
Miklovicz T: European Federation of Geologists (EFG), 1000 Brussels, Belgium
Pérez P: Spanish Geothermal Technology and Innovation Platform (GEOPLAT), 28009 Madrid, Spain
Pinto MT: La Palma Research Centre (LPRC), 38760 Los Llanos de Aridane, Spain

Journal Name

Energies

Volume

Issue

First Page

8310

Year

2022

Publication Date

2022-11-07

DOI:

https://doi.org/10.3390/en15218310