Geothermal field Akropotamos

Project information

Index: 1217R4
Priority:2: Environment and risk prevention
Sub Theme:Natural and technological risks (including climate change)
Location ELLADA VOREIA ELLADA Paggaio Thessalia Start/End date of the practice
Start: 2012

Topic of the practice

Climate mitigation through use of local resources

Good Practice Information

The Municipality of Paggaio has prepared a business plan about the management and exploitation of the geothermal field of Akropotamos. At the moment the case study is in progress and the final business plan of the project has been completed. The geothermal field would cover the municipality of Paggaio of 31.920 inhabitants (2011). The potential of electric energy production form the Geothermal field of Akropotamos is 4.000 MWh per year. The annual thermal energy production potential is estimated at 54.000 MWh. The annual amount of CO2 reduction is 4.800 tons/year.

Evidence of success

Currently, the success of the project is being measured in terms of economic benefit for the citizens (comparing the costs to the oil price, the decrease would be 72%, compared to the gas price 53%). As the project has not been implemented yet, it is too early to be evaluated. However the project is innovative in the area and will have many environmental and socio-economic benefits.

Contact details to obtain further information on the practice

Municipality of Paggaio

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