MADRID – October 29, 2026 -- Thirty industrial clusters across 11 European countries could displace more than €850 million per year in fuel spending by switching to geothermal heat, according to a new analysis from Project InnerSpace and Future Cleantech Architects (FCA). The conversion would also avoid 4.3 million tonnes of CO2 emissions annually, equivalent to the emissions from more than nine million barrels of oil consumed.