The German authorities are keen to provide more incentives and support to clean energy companies, especially in the field of green heat production.
And the German Ministry of Economics said in a statement that “about three billion euros will be saved for the production of heat from green sources, including geothermal heat and solar thermal energy, until 2026,” noting that “the construction of new heating networks will be supported.” , including at least 75% renewable energy sources, as well as support for the restructuring of existing networks to operate in a more climate-friendly mode.
She explained that “communities, utilities and energy providers can apply for financial assistance under the new renewable energy transition support program.”
In this regard, German Economics Minister Robert Habeck noted in a statement that “thermal networks play a key role when we strive to make heating more greenhouse gas neutral”, stressing that “the scope of geothermal energy must be significantly expanded in order to replace fossil fuels.
Germany is facing a serious economic problem due to the fact that Russia has stopped supplying it with its gas and oil needs, forcing it to return to power plants from nuclear plants, and is looking for new suppliers at a high cost.
Source: El Nashra