High energy prices: The role of geothermal in Europe’s energy system

Start/Stop Date:
14 Mar 2022
EGEC Geothermal
Focus Areas:
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– Commissioner Kadri Simson, keynote speaker –


Energy prices have soared in Europe because of the explosion of the price of natural gas after two years of pandemic, climate impacts and unforeseen supply chain disruptions. Because of the role of gas as the key provider of flexibility to the electricity system, this price increased has impacted European consumers in their heating bills as well as their electricity bills.

The European Commission and Member States quickly stepped in to provide answers to the ongoing crisis. This event will explore the role of a diversification of renewable energy sources, notably looking at geothermal energy technologies, in providing the necessary flexibility to avoid future disruptions and guarantee reliable energy at stable prices to European Consumers.

The event will explore how geothermal energy technologies – which provide reliable and flexible electricity, heating and cooling – can be a key source of flexibility for the integrated energy system. The event will seek to provide recommendations for best practices in the geothermal industry, and how recently adopted measures at the European level can be an opportunity for market uptake. It will also look how flexibility from renewables can be better included in the ongoing discussions on the Fit for 55% and the gas package.


Introduction Speech: Kadri Simson, Commissioner for Energy, European Commission

Nicolás González Casares, Member of the European Parliament

Claudia Gamon, Member of the European Parliament

Pierre Brossollet, CEO at Averne Group and President at Lithium de France

Philippe Dumas, Secretary General, EGEC Geothermal