U.S. to Fund Geothermal Energy

WASHINGTON - - The availability of $70 million in funding over three years for geothermal energy will help national clean energy goals, the U.S. Energy Department said.

U.S. President Barack Obama this year set a goal of using clean energy to generate 80 percent of the country's electricity by 2035.

"By investing in geothermal technologies, we are also investing in our nation's energy future and creating opportunities for energy innovation in the United States," said Energy Secretary Steven Chu.

"The United States remains a global leader in geothermal energy development, and we can leverage our experience to develop more energy here at home while increasing our competitiveness in the global clean energy economy."

The U.S. Geological Survey estimates that geothermal resources could add 30 gigawatts of renewable energy to the national energy supply.

The funding targets exploration technologies that could locate geothermal energy resources.

"By targeting funding to research and develop these innovative technologies, the department aims to reduce the upfront cost of geothermal energy systems, expand their use, and enable the United States to tap the huge potential of this renewable energy resource," the energy department said.

Related News

olympia transformer leak

Olympia efforts to remove contaminated sediment from Capitol Lake continue

OLYMPIA, WA - Activity related to clean-up from the Olympia Brewery Transformer oil spill will increase in Heritage Park this week and will begin to wind down in Marathon Park.

Marathon Park has been a staging area for work to remove contaminated sediment from Capitol Lake, with the parking lot closed for public use. Spill responders anticipate decommissioning the Marathon Park staging area by the end of next week.

A staging area for the next phase of sediment removal work will be located in Heritage Park. Set up begins today. Impacts will include:

  • Greenspace:  Some greenspace will be fenced off and inaccessible throughout the…

    READ MORE

Australia's energy transition stalled by stubbornly high demand

READ MORE

holiday scam warning

Ontario's five largest electricity providers join together to warn of holiday scams

READ MORE

solar power

Illinois electric utility publishes online map of potential solar capacity

READ MORE

energy storage

E.ON to Commission 2500 Digital Transformer Stations

READ MORE