Department for Energy and Climate Change written question – answered at on 16 March 2015.
To ask Her Majesty’s Government what action they are taking to support the development of geothermal energy.
The Government is supporting geothermal energy development through a combination of financial support, innovation support and legislative measures. Deep geothermal heat projects receive a dedicative tariff through the Renewable Heat Incentive and by supporting the development of heat networks, including through the work and funding of the Heat Networks Delivery Unit. Geothermal power projects are eligible for support under the Renewable Obligation and in the future through Contracts for Difference. The Department has set a final strike price for deep geothermal power of £145 per megawatt hour, up until 2016/17, and £140 per megawatt hour thereafter.
The Government is providing support for innovation in geothermal technologies through DECC’s Energy Entrepreneurs Fund and the Heat Networks Demonstration Competition.
The underground access clauses introduced through the Infrastructure Act remove a significant barrier to deep geothermal development. The Government will continue to work with the industry to explore how other barriers to geothermal development can be overcome to further support the industry’s development.
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