U.S

U.S. Department Of Energy Awards $46 Million For Geothermal Initiative Projects

Energy Markets Feed

WASHINGTON, D.C. – The U.S. Department of Energy today announced that its Frontier Observatory for Research in Geothermal Energy Initiative at the University of Utah has selected 17 projects to receive up to $46 million in funding for cutting-edge, domestic, and carbon-free geothermal projects with potential to supply power to homes in the United States.

“These investments in EGS research support President Biden’s mission to take on the climate crisis by pushing the frontiers of science and engineering and creating jobs in cutting-edge clean energy fields.” Enhanced Geothermal Systems are different from conventional geothermal resources that occur naturally in the U.S. and are geographically limited due to the need for underground heat and fluids.

EGS are manmade geothermal reservoirs and can be engineered in most parts of the country, potentially expanding geothermal energy production and transforming the domestic energy portfolio.

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