On July 5, 2010, the “Maria Tsakos” Foundation hosted Dr Michael Fytikas, a prominent scientist in the field of geothermal energy in its active support of research conducted by the Institute of Geology and Mineral Exploration (IGME) into possible utilisation of Chios’ energy potential. 

Reconnaissance studies to date include drilling of 13 exploration wells and two production wells, thus reaffirming the island’s geothermal potential.