Italy’s FER2 Auction Approves Two Zero‑Emissions Geothermal Projects — What It Means for the Market Overview: FER2’s first geothermal auction and the winners Italy’s FER2 incentive mechanism — established by the Ministry of the Environment and Energy Security (MASE) to stimulate renewable investment through long‑term Contracts for Difference (CfDs) — has completed its first geothermal tender, awarding favourable rankings to two zero‑emissions projects with a combined capacity of 29.4 MW. The auction aimed to allocate a dedicated 30 MW quota for geothermal plants that operate with no net emissions, and it selected: - Pola 1: a 24.4 MW project in Jolanda di Savoia, Ferrara. - ITW & LKW Geotermia Italia: a 5 MW plant in Castel Giorgio, Terni. Two other bids — a 12.69 MW project in Castelnuovo di Val di Cecina by Magma Energy Italia and a 5 MW proposal in Monterotondo Marittimo from Enel Green Power Italia — were excluded from the final rankings. The FER2 framework sets explicit timeli...
Vinkovci Uncovers Massive Geothermal Potential: Studies and Documentation Underway By: Robert Buluma Vinkovci, Croatia – November 3, 2025 Recent research at the Vinkovci GT-1 well has confirmed significant geothermal potential in the area, positioning Vinkovci as the third Croatian city—after Velika Gorica and Osijek—to record reservoir temperatures above 100°C. These findings continue a successful series of exploratory activities led by the Croatian Hydrocarbons Agency (Agencija za ugljikovodike) as part of the project “Preparation and Exploration of Geothermal Potential in the Context of Centralized Heating.” Energy of the Future Beneath Vinkovci Mayor Josip Romić expressed his excitement on social media, stating: "Research has confirmed what we believed from the start—Vinkovci and our region hold enormous geothermal potential. Beneath our feet lies the energy of the future, enabling us to reduce dependency on external factors and fluctuating energy prices. This is ...