Spain I wanted the Tierrabut now we could lose 100 million euros. It is an ambitious project that has as much impact as the initiative that wants to be carried out in this place: it was created millions of years ago and has never left. The European Union has big plans to stimulate consumption geothermal energy j Spain plays a fundamental role within them.
The European country will spend 100 million euros on ten deep geothermal projects. Most of these are aimed at the Canary Islands. The energy crisis and dependence on Russian gas are becoming real problems for the EU European Union in the energy field.
However, underground they house energy that could alleviate this problem, as geothermal energy is a source of heat and energy. The European Union You are already developing an optimal plan.
At the meeting on December 16, the Member States of the European Union They asked the European Commission the use of geothermal energy, for which an action plan must be approved. In addition, the 27 countries warned that geothermal energy could be used for air conditioning, resulting in an affordable, safe source that ensures a stable electricity supply. Furthermore, it enables the decarbonization of buildings.
Spain expressed its desire to drill into the earth, but now we could lose millions of euros
Sara Aagesenthird vice president and minister of Ecological transition Spanish, was present at the meeting and highlighted the Spain’s great geothermal potential. In Spanish territory there are several outermost regions and islands that could become sources of this energy. Moreover, he has expressed that Spain will spend 100 million euros on ten deep geothermal projects, which will receive the most attention Canary Islands.
A surface whose subsurface, due to its volcanic nature, has the greatest medium and high temperature geothermal resources.
Although there is still a long way to go, we have already glimpsed two ambitious projects with these characteristics, such as digging wells 150 meters deep in the University of Vitoria to provide heating to the campus and an impressive geothermal installation in the City of Arts and Sciences of Valenciawhich will have over 6.5 MW for air conditioning.
They fear the loss of 100 million euros in Spain due to delays in geothermal energy
As recorded EFE, He Special Commissioner for the reconstruction of La Palma, Hector Izquierdohas expressed concern about a series of delays in the start of geothermal drilling on the island. This context could jeopardize the total investment of almost 100 million euros, financed in equal parts by the government and successful bidding companies.
“The deadline set by European funds Next generation “June 30, 2026 is just around the corner, and we risk not having time to implement important projects,” he warned. Left.
The awards are currently being appealed The palm The initiative is paralyzed. Under these circumstances, the State Commissioner has made an urgent appeal to the Government of the Canary Islandsthe competent administration, to find a solution as quickly as possible “in whatever sense, as determined by law”.
“We can’t spend another three or four months solving the resource issues. If we continue to waste time, companies may pull out because they have no material margin to do the work,” he warned. Left. For his part, the Commissioner emphasized the strategic importance of these drillings, the aim of which is to explore the geothermal potential of The palm.
“We are talking about 48.5 million euros in public investments and a similar amount from private companies. To give you an idea: 12 of the 14 municipalities of The palm “They have an annual budget of less than seven million euros, so we cannot afford to miss this opportunity,” he stressed.
And he added: “The other islands are already far ahead of us, and although we are not competing, more and more islands are Canary IslandsIf it will be better, the paradox may arise that the island with the greatest potential and the most private investment is The palmstay outside.”
Spain is in tension. I wanted the Tierra and now it could lose 100 million euros. Meanwhile, the country is experiencing great unrest due to the approval of exploration in Madrid for the extraction of geothermal energy.