STEAM was established in 1987 as an engineering company for the purpose of operating in the Energy and Environmental sectors with reference to Geothermal Energy development. Its principal partners were coming from Enel and having many years of experience in geothermal field with particular reference to drilling, reservoir engineering and geological geophysical survey studies.
STEAM initially focused its business in providing consulting, operational and training services in the development assessment and evaluation of worldwide geothermal resources to the most important geothermal firms (ENEL Green Power, DAL, Geotermica Italiana).
Following to the addition of new partners with a great experience in consulting services and the tight collaboration with worldwide environmental consulting company (ERM Group), STEAM consolidated its competences in environmental services, collaborated to Institutional Strengthening Programs with International Organizations (World Bank, EBRD, Italian Ministry of Environment) and was involved in audits and restoration projects, also on UNEP environmental hot spots.
In the meantime, the Geothermal Division of STEAM carried out a reconnaissance study of the Italian Medium Enthalpy Geothermal Resources and cooperated with private financial investors to apply for Geothermal Research Permits in Italy.