Funding

COSEISMIQ is subsidised through the Cofund GEOTHERMICA together with the European Commission and by various National Funding Agencies.

 

COSEISMIQ Project Partners and their National Funding Agencies

ETH > Swiss Federal Office of Energy (SFOE)

GES > Swiss Federal Office of Energy (SFOE)

ISOR > Icelandic Centre for Research (Rannís)

DIAS > Geological Survey Ireland

 

ABOUT GEOTHERMICA

GEOTHERMICA's objective is to promote research and innovation in geothermal energy to make geothermal energy reliable, safe and cost-competitive. GEOTHERMICA combines the financial resources and know-how of 20 geothermal energy research and innovation programme owners and managers from 16 countries and their regions. 

It is the first series of GEOTHERMICA-funded projects in 2018 that demonstrate and validate novel concepts of geothermal energy deployment within the energy system. They bring innovative geothermal energy solutions closer to commercial deployment.

Together with financial support from the European Commission, GEOTHERMICA has launched the first call that has resulted in eight joint projects. Mobilising close to €44 million of private and public investment of which 55% supported by GEOTHERMICA Consortium, GEOTHERMICA aims to demonstrate and validate novel concepts of geothermal energy deployment within the energy system, and that identify paths to large-scale commercial implementation. About half is funded by GEOTHERMICA and the other half comes from project partners. It is the first series of GEOTHERMICA-funded projects in 2018 that demonstrate and validate novel concepts of geothermal energy deployment within the energy system. They bring innovative geothermal energy solutions closer to commercial deployment. For more information visit the GEOTHERMICA website.