Recently, German Chancellor Olaf Scholz said that deep geothermal energy had great potential for heat generation in Germany, as Berlin aims to phase out fossil fuels in its heating system.
Germany is home to one of Europe's biggest geothermal reserves, which have been largely untapped. However, surging energy prices last year triggered new interest in renewable energy sources, with big municipal utilities and German and international fossil fuel companies exploring possible investments in the country.
With "deep" geothermal energy, heat is extracted from geothermal reservoirs at depths greater than 400 meters.
"Our goal is to tap as much geothermal energy as possible by 2030," Scholz said at an event for his Social Democrats party (SPD) in Bavaria.
Berlin aims to expand geothermal energy generation so it could feed 10 times as much energy into the heating network as it does today by 2030, Scholz said, adding that the number of geothermal power stations will rise to 54 from 42 in the future.
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