Germany's economy ministry presented a draft law on Friday that would accelerate the expansion of geothermal energy projects, as Berlin aims to phase out the use of fossil fuels in heating systems by 2045.
Germany possesses some of Europe's largest geothermal reserves, which could cover more than a quarter of its annual heating demand, a study by Fraunhofer Institute showed in 2023. But development has long been stalled by local resistance and regulatory red tape.
