Spain has one on its territory renewable energy which comes from the last volcano. It is a form of production that is already being used Iceland and it will bring more than one surprise. At the time we thought aerothermal energy was the solution top of renewable energy sources, but now we see a new initiative that is similar.
Our country, and the rest of the world, is at a critical point. Pollution and climate change have reached a critical point where switching to renewable energy sources is no longer a decision, but a necessity.
Manufacturers and distribution companies around the world are thinking day and night about how they can work with cleaner energy and fuels that are more environmentally friendly.
In this context, The Palm is at a crucial moment after receiving 53 million euros for geothermal projects. He Institute for Energy Diversification and Conservation (IDEA) has the grant to entities, associations and Island Water Council for research and exploitation.
On January 17, it published the final resolution proposal to support feasibility studies of projects to benefit from geothermal energy from The Palm. The grant amounts to 53 million euros and includes surveys to look for it on the island. Some of the proposed beneficiaries are Repsol, Sodepal, Canopalma, Energía Bonita j the Island Water Council.
This renewable energy will have a privileged place in Spain: this is the support that will be granted
In general terms, the aid is intended for: Canary Islands this amounts to 53 million euros The Palm43 for Tenerife and 15 million for Gran Canaria.
Since the aid covers 50% of the eligible costs, this means a double investment: 106 million euros The Palm86 for Tenerife and 30 for Gran Canaria. That is, more than a hundred million for it The Palm.
The latter area relies on its incredible geothermal potential, so much so that it has set itself the goal of conversion The Palm on a largely renewable island in the year 2030.
Once the projects have been implemented, the final document presented by the beneficiaries should include a technical evaluation and analysis of the geothermal resources, based on the results obtained from trials, surveys and tests.
These documents will show the strengths and weaknesses of the area, what resources they need and what the real prospects for success are. It will also need to include the management of at least one survey with a minimum depth of 1,000 metres.
One of the accepted projects will take place in Small and another on the southern tip of the island, but there are several projects The Palm opted for the proposal. Some beneficiaries of the projects Tenerife son Involcan and the Technological Institute for Renewable Energy (ITER).
This is what happens with this renewable energy in Spain
There are projects from public organizations that participated in the call. This is the case with those of Technological Institute for Renewable Energy (ITER), He Volcanological Institute of the Canary Islands (Involcan), He Water council of the island of La Palmathe Promotion Association and economic and social development of La Palma (Sodepal) and the Gran Canaria Island Energy Council.
The aid granted is non-refundable and the eligible actions are subject to aid, i.e. the feasibility studies must be completed before 31 January 2026. Spain bet on this renewable energy and with this help your dreams can eventually come true. If you liked this article about this renewable energy, you can’t miss what we have to tell you about this friendly energy: biomass.