Tuesday,
June 15
June 15
DOE Geothermal Energy Technologies Funding Opportunity
The U.S Energy Department is due to receive applications in response to the agency’s $12 million funding opportunity to support the development of geothermal energy technologies. The agency will focus on techniques and technologies to control the fluid flow in enhanced geothermal systems, which are man-made reservoirs created by injecting fluid into hot rock to re-open pre-existing fractures. This process brings heated water to the surface and the resulting steam spins a turbine to create renewable energy. The agency’s 2019 GeoVision study found that geothermal power generation could increase 26-fold with technology improvements, facilitating the deployment of 60 gigawatts-electric by 2050. The U.S. currently has 3.7 gigawatts-electric of geothermal installed capacity.