The lack of legal clarity regarding the ownership of subsurface heat could hinder geothermal development in the US, according to a new article by Professor Gabriel Eckstein (Texas A&M University). An intangible resource, fragmented legislation, and legal risk discourage investment.
💡 In Spain, although with regulations that could be improved, the Mining Law recognizes deep geothermal energy as a state-owned mineral resource, offering greater legal certainty than the US system. This difference can make or break a geothermal project.
🌍 At RamRei Energy, we assist owners, investors, and governments in analyzing the legal framework, permits, partnerships, and business models to develop viable and sustainable geothermal projects, both in Europe and Latin America.
🤝 If you have land, assets, or interest in geothermal or energy conversion projects, let's talk. We'll evaluate your case and design customized solutions.
📩 Contact by direct message at: reinaldo.ramirez@ramrei-energy.com