Geothermal Research and Development Legislation Introduced in the House
This week, Ranking Member Frank Lucas and Chairwoman Eddie Bernice Johnson introduced H.R. 5374 that supports advanced geothermal research and development at the Department of Energy to unlock the next generation of geothermal energy development. The Department of Energy’s (DOE’s) recently published GeoVision report indicated there is enough geothermal resource potential in the United States alone to meet half of the nation’s electricity needs. Some advanced techniques are capable of tapping into additional resources in cooler rock or regions without water, allowing project proponents to tap into resources across the country originally thought to be either technically impossible or commercially cost-prohibitive. Read more about the DOE announcement here
RICH’S TAKE
“Geothermal energy is a flexible, dispatchable clean energy resource with immense untapped potential. This legislation reorients geothermal research, development, and demonstration (RD&D) activities around key challenges that would significantly enhance commercial applications. Appropriately, the legislation focuses on enhanced geothermal systems initiatives, including the Department’s Frontier Observatory for Research in Geothermal Energy (FORGE) capabilities. This cutting-edge research, drilling, and testing initiatives could accelerate technological breakthroughs that significant expand affordable domestic geothermal energy production.”
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