Geothermal energy is cheaper (and cleaner) than gas
October 15, 2020
Who said that geothermal energy is expensive? In France, the cost of geothermal district heating and cooling is cheaper than gas. While producing heat from deep geothermal energy costs between 15 to 55 € /MWh, the cost of producing heat from a gas furnace is 51€/MWh.
France so far has 71 deep geothermal installations, including 49 in Paris, 21 in the Aquitaine basin, the rest in Alsace, in the Rhone area and in Limagne. In 2018, the heat production from these installations reached 1,78 TWh with an installed capacity of 627 MW.
In these areas, France has made a smart and sustainable choice. Geothermal energy is a local energy source, is cleaner, cheaper and more secure than gas. What are other European countries waiting for?
Read more about the true cost of geothermal energy in France
Source: ADEME (French Agency for Energy and Environment)
> This news is part of our #GEOENVI #ThisWeeksGoodNews campaign on the many benefits of geothermal energy. Check out next week’s good news