Eavor has broken ground on its first commercial project in Geretstried, Germany. The first project of its kind in the area, the geothermal plant is on track to be producing energy by 2024, and will reach its full capacity in 2026. With building permits for the power plant already approved, construction and drilling will take place concurrently.
Cranking up the thermostat and switching on the lights is an automatic response for many of us attempting to stave off the chill in the air and prolonged hours of darkness winter brings. But for European businesses and citizens alike, the economic impacts of the current energy situation might make keeping the furnace and lights on a privilege as the change in season approaches.