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German Chancellor Olaf Scholz Praises Eavor’s Technology

In his speech during the inauguration of Eavor’s first commercial project at Geretsried, Federal Chancellor Olaf Scholz made a speech praising Eavor’s technology, and platformed it as an asset that will help Germany to achieve its goal of becoming one of the first climate-neutral industrialized countries in the world by 2045. “It is a technical masterpiece that you have undertaken here in Geretsried with this project,” said Scholz. “If this attempt succeeds, it would not only be a great piece of engineering, but an even greater step forward for our heat transition.” Moreover, the Chancellor attributed this as a benefit because it means having geothermal energy independent of heated water, which is a resource that is challenging to find and access.

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