CORDIS Project
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The GEORISK project aims to mitigate financial risks associated with geothermal energy exploration by establishing risk insurance across Europe. It focuses on reducing uncertainty in resource viability before drilling, thus enabling developers to secure funding for geothermal projects.
Geothermal project development has several risky components, the most important one being the resource risk.
This concerns mainly deep geothermal projects, but some shallow geothermal open systems could also be included in this category of projects.
Beyond exploration, the bankability of a geothermal project is threatened by this geological risk.
The geological risk includes: - The short-term risk of not finding an economically sustainable geothermal resource after drilling; - The long-term ris…
CONSEIL EUROPEEN POUR L'ENERGIE GEOMETRIQUE
EUROPEAN GEOTHERMAL ENERGY COUNCIL
Partner organizations (coordinator is shown above), with normalized type and CORDIS activity type. Guests see up to 4 partners.
GEOTHERMAL FRENCH ASSOCIATION OF PROFESSIONALS AFPG
France, PARIS
Type: Other
Activity type: Other
SME: No
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