The CROWDTHERMAL Project: Creating Public Acceptance of Geothermal Energy and Opportunities for Community Financing

Abstract

One of the major challenges regarding energy transition is to create active support towards renewable energy installations on a local level. The CROWDTHERMAL project presents practical approaches for involving local stakeholders in different measures in order to develop acceptable solutions. Based on technical evidence and data from concrete case studies, the project shows ways how community funding can increase social acceptance towards geothermal energy installations. The presented solutions are based on alternative financial schemes studies and risk mitigation analysis in geothermal projects.

Keywords

• geothermal energy
• CROWDTHERMAL
• social acceptance
• risk mitigation
• alternative financial schemes