The U.S. Department of Energy (DOE) plans to expand U.S. geothermal energy deployment with $165 million to aid in leveraging the knowledge, technologies, and skills from the oil and gas industry.
The Geothermal Energy from Oil and Gas Demonstrated Engineering (GEODE) initiative will provide $10 million to form a consortium of experts to develop a roadmap for addressing technology and knowledge gaps in geothermal energy, based on best practices used within the oil and gas industry. DOE will then use that roadmap to fund up to an additional $155 million in research to address those gaps.
Read more: www.energy.gov