DOE Awards $99M for Geothermal Exploration and Technology Projects
What happened
The Department of Energy announced it would award over $99 million to 21 geothermal exploration and technology projects. Five of these projects will conduct field-scale enhanced geothermal systems tests, while 16 projects will conduct exploration drilling to identify promising resources. Fervo Energy was selected to stimulate wells in Elmore County, Idaho, and deploy a high-temperature geophone array. Zanskar Geothermal and Minerals was also selected for funding.
From rigzone.com
Why it matters
The funding is intended to reduce technical and development risk associated with geothermal energy. The information generated by these projects will be publicly available, which may inform future technology and geothermal exploration across the industry.
From rigzone.com
Who's involved
- Elmore CountyLocation where Fervo Energy will stimulate wells and conduct seismic analysis
- IdahoState in which the geothermal exploration projects are taking place
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The entities involved
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Elmore County
county in Idaho, United States
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Hidalgo County
county in New Mexico, United States
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