DOE to Invest in Enhanced Geothermal Systems
Posted by Big Gav in geothermal energy, geothermal power
REW reports that the US DOE is to invest in enhanced geothermal power research - DOE to Invest Up To US $84 Million in Enhanced Geothermal Systems.
The U.S. Department of Energy (DOE) issued two Funding Opportunity Announcements (FOAs) last week for enhanced geothermal systems (EGS), an advanced geothermal technology that drills deep wells into hot rocks, fractures them, and circulates a fluid through the fractures to extract heat.
EGS technologies can be used to create new "engineered" geothermal reservoirs or to stimulate existing geothermal reservoirs that are underperforming. Together, the two FOAs offer up to US $84 million over six years, including $20 million in fiscal year 2009 funding, although future funding is subject to congressional appropriations.
The first FOA offers $35 million for component research, development, and analysis. The funding will support 20 to 30 projects to develop advanced technologies that will address important aspects of creating, managing, and using engineered geothermal reservoirs. The second FOA offers $49 million to support 5-10 domestic EGS demonstration projects.
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