Arguments for a Community-Based Approach to Geothermal Energy Development

Katarzyna A. Kurek (), Johan van Ophem () and Jacek Strojny
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Katarzyna A. Kurek: Department of Trade and Finance, Czech University of Life Sciences, Kamýcká 129, Praha-Suchdol, 165 00 Prague, Czech Republic
Johan van Ophem: Urban Economics Group, Wageningen University & Research, Hollandseweg 1, 6706 KN Wageningen, The Netherlands
Jacek Strojny: Faculty of Management, Rzeszów University of Technology, Aleja Powstańców Warszawy 8, 35-959 Rzeszów, Poland

Energies, 2024, vol. 17, issue 10, 1-23

Abstract: This paper investigates the theoretical foundation for developing renewable geothermal resources locally. For this reason, we pay attention to the role of communities in geothermal development. We derive it from the integral characteristics of geothermal energy next to the shift in the energy transition policies to focus on managing green resources locally. This study presents arguments for a framework that approaches geothermal resources as an endogenous factor of community development. To analyse it, we create a model that explains the local economic characteristics of geothermal exploitation beyond its geological conditions. It aims to conceptualise a community-based geothermal development standard referring to the endogeneity principle. Geothermal energy is given attention since the characteristics of this resource determine its use locally. This induces the internalisation of labour and technology in the local economic system, a specific condition for local geothermal projects where a community remains a prime beneficiary. We argue that the role of communities in geothermal exploitation is pivotal in the process of green growth for further expansion of geothermal energy use.

Keywords: geothermal energy; endogenous growth; green transition; energy-based local economic system; geothermal community (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2024
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