Verkís at the Budapest Geothermal Energy Summit 2025

Leading geothermal event in Central and Eastern Europe

Verkís participated in the Budapest Geothermal Energy Summit 2025, held on 26 September at the Marriott Hotel in Budapest. The summit brought together representatives from around 100 companies across 20 countries, making it the most significant geothermal event in the CEE/SEE region. 

Presentation from Verkís

Volodymyr Pryvizentsev, from Verkís, delivered a presentation on the preliminary feasibility study for the direct use of geothermal energy in Western Ukraine.
The project was carried out in cooperation with NGO Geothermal Ukraine and ÍSOR – Iceland GeoSurvey, and funded by the Icelandic Ministry for Foreign Affairs during 2023–2024.

Project focus

The study assessed geothermal utilisation options for:

• district heating,
• greenhouse cultivation,
• industrial applications,
• wellness and tourism facilities.

The research covered the regions of Zakarpattia, Lviv and Ivano-Frankivsk, indicating strong potential for geothermal energy to enhance energy security and reduce operational costs in the region.

Knowledge sharing and collaboration

The summit served as a valuable platform for discussion on technological innovation, regulation, financial mechanisms, and the future role of geothermal energy. Verkís contributed by sharing Icelandic expertise and presenting the outcomes of an important international cooperation project.

World goals