Tue, Mar 17

NEWS: New bipartisan geothermal bill would give the industry more federal funding

A new bipartisan bill would heat up federal support for geothermal. (Heatmap)

  • Set to make its way to the Senate, the GEO Power Act would enable the Energy Department to fund projects in areas with a paucity of geothermal projects. It would also speed up the commercialization of next-gen geothermal technologies. The bill is spearheaded by Senators John Hickenlooper, D-CO and Steve Daines, R-MT.

  • The bill has received support from two of the industry’s leading trade groups and companies including Eavor, Fervo, and XGS Energy.

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