A Turning Point for Geothermal: DOE Funding Wins Industry Approval  

Posted by Big Gav in ,

REW has a report on US DOE funding for geothermal energy R&D - A Turning Point for Geothermal: DOE Funding Wins Industry Approval.

DOE's October 29 announcement awarding $338 million in stimulus funding to geothermal energy research and development projects is the largest injection of funding into new geothermal technology development in over 25 years.


“This marks a critical turning point for the Department of Energy's geothermal technology program, and responds to the clear direction given DOE by Congress when it passed the Advanced Geothermal Research and Development Act of 2007,” a leading industry group said.

With this announcement the U.S. government is now one of the largest investors in new US geothermal energy technology — a spot Google.org had held since it announced that it was investing heavily in the industry in August 2008.

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