Production of Heat/cool from Geothermal

NACE Macro-Sector: D - Electricity, gas, steam and air conditioning supply

Level 2: D35

Level 3: D35.3

Level 4: D35.3.0

Production of heating and cooling from Geothermal Energy

Climate Change Mitigation

Metric and threshold:
Any heat/cool generation 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 are below the declining threshold. Declining threshold: Facilities operating at less than 100g CO2e/kWh, declining to 0g CO2e/kWh by 2050, are eligible • This threshold will be reduced every 5 years in line with a net-zero CO2e in 2050 trajectory • Assets and activities must meet the threshold at the point in time when taxonomy approval is sought • For activities which go beyond 2050, it must be technically feasible to reach net-zero emissions Cogeneration of Heat and Power is covered under the construction and operation of a facility used for cogeneration of heat/cooling and Power threshold

Climate Change Adaptation