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...
Revolutionizing Home Heating and Cooling: Subterra and Enercare's Geothermal Solutions By : Robert Buluma In a world where environmental sustainability is becoming increasingly crucial, innovative solutions are emerging to tackle the challenges of climate change. One such solution is the collaboration between Subterra Renewables and Enercare to launch fully integrated geothermal heating and cooling solutions for residential homes in Canada. Addressing the Climate Crisis, One Home at a Time Homes and buildings are significant contributors to greenhouse gas emissions, particularly in urban areas like Toronto, where they account for up to 60% of emissions. Recognizing this challenge, Subterra and Enercare have joined forces to accelerate building electrification with renewable energy sources such as geothermal. A Pioneering Alliance for Sustainable Living The partnership between Subterra and Enercare brings together expertise in geothermal drilling, exchange system installation, and...