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 and Marcio Tameirao Pinto
Additional contact information
Isabel Fernández Fuentes: European Federation of Geologists (EFG), 1000 Brussels, Belgium
Amel Barich: Geothermal Research Cluster (GEORG), 101 Reykjavík, Iceland
Christina Baisch: Vulcan Energy Subsurface Solutions GmbH (VES), 76227 Karlsruhe, Germany
Balazs Bodo: La Palma Research Centre (LPRC), 38760 Los Llanos de Aridane, Spain
Ottó Elíasson: EIMUR, Hafnarstræti 91, 603 Akureyri, Iceland
Gioia Falcone: James Watt School of Engineering, Systems, Power and Energy Division, University of Glasgow (UoG), Glasgow G12 8QQ, Scotland, UK
Georgie Friederichs: CrowdFundingHub BV (CFH), 1064 NW Amsterdam, The Netherlands
Margarita de Gregorio: Spanish Geothermal Technology and Innovation Platform (GEOPLAT), 28009 Madrid, Spain
Jan Hildebrand: Institute for Future Energy and Material Flow Systems (IZES), 66115 Saarbrücken, Germany
Anastasia Ioannou: James Watt School of Engineering, Systems, Power and Energy Division, University of Glasgow (UoG), Glasgow G12 8QQ, Scotland, UK
Tamas Medgyes: District Heating Company of Szeged (SZDH), 6724 Szeged, Hungary
Tamas Miklovicz: European Federation of Geologists (EFG), 1000 Brussels, Belgium
Paloma Pérez: Spanish Geothermal Technology and Innovation Platform (GEOPLAT), 28009 Madrid, Spain
Marcio Tameirao Pinto: La Palma Research Centre (LPRC), 38760 Los Llanos de Aridane, Spain

Energies, 2022, vol. 15, issue 21, 1-31

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.

Keywords: geothermal energy; CROWDTHERMAL; social acceptance; risk mitigation; alternative financial schemes (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: 2022
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