European Synergies

Strategic
Initiatives

Slovakia possesses significant geothermal potential. PW Energy has the ambition to harness this green source and build the first geothermal power plants in Slovakia. The projects also provide potential for direct utilization of geothermal heat, or subsequently after electricity generation (residual heat).

Our projects and their objectives are directly in the context of key European transformations, from industrial decarbonization through the development of clean mobility to building the region's energy independence. Through synergies with programs such as the Clean Industrial Deal, REPowerEU, or the Three Seas Initiative, we create comprehensive solutions that simultaneously address climate goals and support economic development.

GEOTERM VIA CARPATIA – Three Seas Geothermal Bridge

Strategic location of the Ľubotice geothermal park on the Via Carpatia transport axis
Comprehensive energy solution for e-mobility and hydrogen transport
Multi-energy utilization: electricity, heat, hydrogen from one source
Alignment with EU goals for energy independence

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Geothermal Park Prešov – Ľubotice / Clean Industrial Deal Hub

Comprehensive decarbonization solution: electricity, heat and green hydrogen from one source
Energy supply stability: continuous 24/7 operation independent of weather
Circular economy model: cascading heat utilization and closed circulation
Strategic energy sovereignty: reduction of fossil fuel imports
Regional development: 200+ jobs and just transition

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European Programs and Initiatives

PW Energy's geothermal project in Prešov is fully aligned with the EU's main energy and climate policies:
contributes to achieving REPowerEU, Green Deal and Fit for 55,
fulfills the recommendations and strategic direction of the EP from 2024,
supports clean industrial development and energy independence of the region,
serves as a pilot model for further geothermal projects in the EU.

Through this project, Slovakia actively contributes to the transformation of the European energy mix toward a sustainable future.

1. EU Green Deal 2. Fit for 55 Package 3. REPowerEU 4. Resolution on Geothermal Energy 5. Clean Industrial Deal 6. Three Seas Initiative

1. EU Green Deal

Sets the goal of achieving climate neutrality by 2050. Geothermal energy is an emission-free source that significantly contributes to reducing greenhouse gas emissions.

2. Fit for 55 Package

Requires a 55% reduction in greenhouse gas emissions by 2030. Geothermal projects, such as the one in Prešov, enable the replacement of fossil fuels with clean sources of electricity and heat, thus contributing to achieving this goal.

3. REPowerEU

The plan sets the goal of tripling geothermal energy capacity by 2030 and supports the development of geothermal power plants as a solution to strengthen energy independence and reduce dependence on Russian gas. Geothermal sources support energy security and independence of the Central European region from imported fossil fuels.

4. Resolution on Geothermal Energy

The European Parliament in January 2024 called for the creation of a European strategy for geothermal energy and for accelerating its implementation, including modernization and construction of new heating networks based on geothermal energy.

5. Clean Industrial Deal

The EU's new action plan emphasizes the need for innovation and investment in clean technologies, with geothermal energy being a key element for stable, domestic and low-emission energy production.

6. Three Seas Initiative

Three Seas Initiative - PWE's energy projects strengthen infrastructure and supply security in the Central and Eastern European region.