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US DOE Puts Up $14.5 Million for Innovative Geothermal Drilling Tech
Renewable Energy World: The U.S. Department of Energy (DOE) last week said it is making up to $14.5 million in new funding available to advance geothermal energy development. The Efficient Drilling for Geothermal Energy (EDGE) funding opportunity announcement (FOA) focuses on geothermal drilling in support of accelerating the research and development of innovative geothermal energy technologies in the U.S.
“Advancing research in geothermal drilling technologies will help harness the heat beneath our feet to expand our domestic energy resources,” Daniel Simmons, principal deputy assistant secretary for Energy Efficiency and Renewable Energy, said in a statement. “Geothermal is a reliable, baseload renewable energy source with firm and flexible operation, allowing it to provide a range of essential services that contribute to our nation’s grid stability and resiliency.”
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