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Investing.com -- Germany’s cabinet approved a draft law on Wednesday that aims to speed up the deployment of geothermal energy projects as part of the country’s plan to eliminate fossil fuel-based heating by 2045.
The legislation is designed to reduce bureaucracy by streamlining approval processes for geothermal plants, heat pumps, thermal storage facilities, and district heating pipelines.
Under the proposed law, these projects would be classified as being of "overriding public interest" - a designation already given to wind and solar energy developments. The bill introduces faster permitting procedures through modifications to mining, water, and environmental regulations.
Government authorities would face strict deadlines for project approvals under the new legislation, which also eases restrictions on geothermal exploration activities.
The draft law will next move to the Bundestag lower house and Bundesrat upper house for final approval before it can be implemented.
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