NACE Macro-Sector: D - Electricity, gas, steam and air conditioning supply
Level 2: D35
Level 3: D35.1 D35.3
Level 4: D35.1.1 D35.3.0
Construction and operation of a facility used for cogeneration of heat/cooling and power from Geothermal Energy
Metric and threshold:
Any cogeneration technology can be included in the taxonomy if it can be demonstrated, using an ISO 14067 or a GHG Protocol Product Lifecycle Standard-compliant Product Carbon Footprint (PCF) assessment, that the life cycle impacts for producing 1 kWh of heat/cool and power are below the declining threshold. Declining threshold: The Cogeneration Threshold is the combined heat/cool and power threshold of 100 gCO2e/kWh. • This threshold will be reduced every 5 years in line with a net-zero CO2e in 2050 trajectory • The threshold must be met at the point in time when taxonomy approval is sought for the first time • For activities which go beyond 2050, it must be technically feasible to reach net-zero emissions The full PCF assessment shall be subjected to review.