U.S. to boost geothermal energy use on federal lands

subscribe

The U.S. Interior Department said it would make more than 190 million acres of federal lands in 11 western states and Alaska available to energy companies to develop geothermal energy resources for generating electricity.

"These federal lands... hold a huge energy potential," said Interior Secretary Dirk Kempthorne.

He said the geothermal areas that will be leased could provide 5,540 megawatts of electric generation capacity by 2015, enough to meet the power needs of 5.5 million homes.

Tax breaks for geothermal energy that were passed by Congress this month will help support the use of the renewable energy source.

Geothermal energy comes from heat sources deep in the earth that generate electricity with few carbon emissions.

Direct use of geothermal energy supplies heat for buildings, greenhouses, aquaculture and other activities.

The United States is already the world leader in producing electricity from geothermal energy. Twenty-nine geothermal power plants currently operate on federal lands in California, Nevada and Utah, with a total generating capacity of 1,250 megawatts, enough to supply the needs of 1.2 million homes.

Lands within the National Park System, such as Yellowstone National Park, would still be unavailable for leasing under the final geothermal plan.

Half the geothermal leasing revenue and royalties would go to the state where the lease occurred and the relevant county would get 25 percent. The other 25 percent would go to a federal fund for investing in geothermal development.

Related News

TC Energy confirms Ontario pumped storage project is advancing

TORONTO - In a bid to accelerate the province's ambitions for clean economic growth, TC Energy Corporation has announced significant progress in the development of the Ontario Pumped Storage Project. The Government of Ontario in Canada has unveiled a sustainable road map aimed at achieving an emission-free electricity sector, and as part of this plan, the Ministry of Energy is set to undertake a final evaluation of the proposed Ontario Pumped Storage Project. A decision is expected to be reached by the end of the year.

Ontario Pumped Storage is a collaborative effort between TC Energy and the Saugeen Ojibway Nation.…

READ MORE
french-diesel-prices-return-to-pre-ukrainian-conflict-levels

Diesel Prices Return to Pre-Ukrainian Conflict Levels

READ MORE

china coal station

Only one in 10 utility firms prioritise renewable electricity – global study

READ MORE

electricity chart

Canada's nationwide climate success — electricity

READ MORE

germany-call-for-hydrogen-ready-power-plants

Germany's Call for Hydrogen-Ready Power Plants

READ MORE