This description does not preclude the eligibility of other geothermal projects that are primarily for the purpose of commercial energy production. Whereas the proof-of-concept phase involves as few as two wells, development of a large scale resource may involve the drilling of more than wells. This program will help get the industry over the short-term hurdle of high drilling costs, which is delaying the ability of companies to demonstrate proof-of-concept in a variety of locations and, thereby, demonstrate the robustness of the technology to private sector investors.
Also see its state working groups. State Energy Alternatives Features a state-by-state snapshot of renewable energy — including geothermal—resources, technologies, and policies. Department of Energy Federal Energy Management Program's industry contracts for installing geothermal heat pump systems in federal buildings.
The will be organized using a set of common metrics for assessing and comparing geothermal resources and include a standard financial risk classification system in order to provide geothermal prospectors with information needed to make the most informed decisions possible on the potential for success at specific locations. Additionally, an interactive mapping capability is preferred as part of the database which will utilize user-friendly overlays of pertinent site criteria in three main areas geothermal resource, institutional barrier i.
GTP is seeking to award one cooperative agreement, for a five year period, on a competitive basis that addresses all items mentioned above. Funding for each subsequent phase beyond the first as described below will be conditional on a DOE stage gate review with positive determination that the next project phase may advance based on successful completion of the prior phase.
Recipient cost share is not required, but is encouraged and may be used as a Program Policy Factor. Consortia of any of the groups listed previously will be given greater consideration.
Applications for this Funding Opportunity Announcement must be accessed, completed, and submitted through Grants. Applicants are highly encouraged to register as soon as possible and should allow at least 21 days to complete the registration process.
When done, call the Grants. Registration Instructions are found on the Grants. Microsoft Vista and Office Compatibility: Grants.
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