
August 26, 2020
In this brochure, you will find what GEORISK aims to achieve during his project's duration like miti...
The GEORISK project works to establish risk insurance all over Europe and in some key target third countries to cover risks associated with the development and the operation of a deep geothermal plant.
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Geothermal project development has several risky components, the most important one being the resource risk. Beyond exploration, the bankability of a geothermal project is threatened by this geological risk.
Risk insurance Funds for the geological risk already exist in some European countries (France, Germany, Iceland, The Netherlands, Denmark and Switzerland). The geological risk is a common issue all over the world. Outside Europe, the Geothermal Development Facility (GDF) for Latin America and the Geothermal Risk Mitigation Facility (GRMF) for Africa offer some risk mitigation tools. With the notable exception of these regions, project developers have very little capability to manage this financial risk.
The establishment of such risk insurance all over the world to cover the exploration phase and the first drilling (test) is key for a large development of deep geothermal. But it appears clear that a risk mitigation scheme must be designed, especially with the involvement of private financers, according to the market maturity of the sector in each country and region
The project, coordinated by EGEC, will be on-going for 30 months from October 1, 2018.
August 26, 2020
In this brochure, you will find what GEORISK aims to achieve during his project's duration like miti...
June 5, 2020
The GEORISK Consortium sent an open letter to DG Energy Director General Ditte Juul Jørgensen, Euro...
April 30, 2020
Following the successful GEORISK International webinar, attended by more than 130 participants of ...
January 7, 2020
Following the successful GEORISK consultation webinar, attended by more than 40 stakeholders involve...
LOCATION
Brussels
DATE
06 October 2020
TIME
11:00 - 12:30
The GEORISK project organised this webinar as a part of the European Week of Regions and Cities. Inv...
LOCATION
Brussels
DATE
29 April 2020
TIME
15:00 - 17:00
Geothermal project development has several risky components, the most important one being the resour...
LOCATION
Brussels
DATE
07 January 2020
TIME
11:00 CET - 12:00 CET
The GEORISK project works to establish risk insurance all over Europe and in some key target third c...
LOCATION
Brussels
DATE
13 December 2019
TIME
08:30 - 14:30
This seminar has been organised as a partnership between the European geothermal industry and Europe...
Yes. The GEORISK results will be published in reports, factsheets and articles. It will also published in peer-reviewed papers and presented at events in Europe and worldwide.