WASHINGTON – U.S. Department of Energy Secretary Steven Chu today announced the release of two Funding Opportunity Announcements (FOAs) for up to $84 million to support the development of Enhanced Geothermal Systems (EGS).  Geothermal energy technologies use energy from the earth to heat buildings and generate electricity.  Enhanced Geothermal Systems offer the potential to extend geothermal resources to larger areas of the western United States, as well as into new geographic areas of the entire country.  These projects will help support the Administration’s efforts to invest in clean energy technologies, create millions of new jobs, end our addiction to foreign oil, and address climate change.

“President Obama has laid out an ambitious agenda to put millions of people to work by investing in clean energy technology like geothermal energy,” said Secretary Chu.  “The Administration is committed to funding important research like this to transform the way we use and produce energy and reduce our dangerous dependence on foreign oil.”

Conventional geothermal energy systems must be located near easily-accessible geothermal water resources, limiting its nationwide use.  EGS technology would allow power generation in a broad variety of geographic locations.  EGS makes use of available geothermal resources to heat engineered reservoirs, which can then be tapped to produce electricity.

The FOAs will explore two specific areas: component research and development/analysis; and support for EGS demonstration projects.

The first FOA seeks advanced technology to address important aspects of engineered geothermal reservoir creation, management, and utilization.  DOE anticipates making 20 to 30 awards for a total value of up to $35 million under this FOA, based on annual appropriations.  Proposals will be evaluated based on their applicability to the program’s multi-year research, development, and demonstration plan; level of technical innovation; and ability to introduce new technologies into the marketplace.  Research teams comprised of academia, industry, or both are expected to apply.  The FOA can be found on Grants.gov.

In addition, DOE will continue its partnership with the geothermal community to support field demonstrations of EGS technologies.  The second FOA seeks domestic projects in a variety of geologic formations that will quantitatively demonstrate and validate reservoir creation techniques that sustain sufficient fluid flow and heat extraction rates for 5-7 years and that produce at least 5 MWe per year per project.  DOE anticipates making 5 to 10 awards under this announcement for up to $49 million, based on annual appropriations.  Applicants eligible to apply include institutions of higher education, non-profit entities, for-profit private entities, State/Local Governments, and Indian tribes.  The FOA can be found also be found on Grants.gov.

For each of the Financial Opportunity Announcements, DOE and non-DOE Federally Funded Research and Development Centers (FFRDCs), National Laboratories, and federal agencies will be allowed as subcontractors only with any of the previously mentioned entities.

Learn more information about the U.S. Department of Energy’s Geothermal Technologies Program.

1. US Department of Energy Awards $338 Million to Accelerate Domestic Geothermal Energy

   Innovative geothermal projects are funded in support of project deployment, technology development, and data collection WASHINGTON, DC – U.S. Department...

2. Australian Geothermal Energy Gets A $35 Million Boost

   The Minister for Resources and Energy, Martin Ferguson AM MP, has announced five geothermal energy projects to receive Australian Government...

3. Ormat Technologies Announces Closing of $105 Million Long-Term Senior Debt Financing for the Olkaria III Geothermal Power Project in Kenya

     Reno, Nevada March 6, 2009– Ormat Technologies, Inc. (NYSE: ORA) announced today that its wholly-owned subsidiary, Orpower 4, Inc.,...

4. Secretary Chu Announces $100 Million for Advanced Research Projects

     U.S. Secretary of Energy Steven Chu has announced yesterday that a second round of funding opportunities for transformational energy...