Article

Daldrup & Söhne is conducting two geothermal drillings for MTU in Munich as part of a €17 million project. The new Geothermal Acceleration Act facilitates faster approvals and reduces risks for municipalities, which could significantly boost demand for geothermal projects by 2030.

The company anticipates high water temperatures and plans to execute further drilling over the next 2.5 years. The project is part of a broader trend towards increased geothermal energy utilization in Germany, supported by legislative changes and funding from KfW.