Overview

• The Bundestag is reviewing the 2025 federal budget that includes nearly €50 million in commitment authorizations to fund the Fündigkeitsversicherung pilot over four years.
• Under the proposed scheme, Munich Re would cover a portion of dry-well losses while KfW assumes the remaining drilling-failure risk for participating municipalities.
• The insurance pilot is structured to safeguard up to 65 deep-geothermal projects with a combined investment volume of €2–3 billion.
• The pending Geothermie-Beschleunigungsgesetz seeks to impose maximum one-year deadlines on mining concession decisions to accelerate permitting.
• These reforms support Germany’s target to develop 10 terawatt-hours of geothermal energy by 2030 and expand low-carbon heat injection into networks.