VUL 4.23% $3.17 vulcan energy resources limited

Vulcan welcomes the European Parliament's call for a Europe-wide...

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    Vulcan welcomes the European Parliament's call for a Europe-wide geothermal strategy
    https://v-er.eu/de/vulcan-begruesst-aufruf-des-europaeischen-parlaments-fuer-eine-europaweite-geothermie-strategie/
    "Vulcan welcomes the European Parliament's vote on a report on geothermal energy, which was adopted with an overwhelming majority of 531 votes in favor and only two against."

    "The report specifically addresses the importance of geothermal energy for a just energy transition and states that geothermal energy can provide more than 75% of the heating and cooling energy consumed in Europe by 2040, as well as over 15% of electricity demand."

    "This significant step recognizes geothermal energy as an untapped opportunity for the development of renewable energy in Europe and underlines the EU's commitment to achieving its energy and climate targets by 2030."

    "In October, Vulcan's founder and geothermal expert, Dr. Horst Kreuter, welcomed Professor Krasnodębski's team to his geothermal power plant in Insheim, Rhineland-Palatinate, as part of the development of the geothermal strategy."
    "Subsequently, in cooperation with the European Geothermal Energy Council (EGEC), Vulcan supported the European Parliament in Brussels in formulating a needs analysis for the geothermal energy sector and also contributed to the development of the European geothermal energy agenda."

    "The German government has already set itself the goal of increasing the geothermal potential in Germany tenfold to around 10 terawatt hours by 2030 and adding a further 100 geothermal projects to the existing ones."


    2) The European Parliament overwhelmingly endorses a call for an EU geothermal strategy
    https://www.egec.org/press-release-the-european-parliament-overwhelmingly-endorses-a-call-for-an-eu-geothermal-strategy/
    "Brussels, 18h January 2024 – The European Parliament’s Plenary voted on a resolution, led by Professor Krasnodębski MEP from the European Conservatives & Reformist Group (ECR), to support a European geothermal energy strategy."

 
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