Geo POWER Act

This bill would require the Secretary of Energy to set up a Milestone-Based Geothermal Demonstration Program within 180 days of the law taking effect. The program would award financing, through a competitive process, to geothermal electricity projects in low-permeability and impermeable underground rock, with funds tied to meeting technical and financial milestones. Priority would go to projects in regions with little or no geothermal power (including on or near Indian land), projects that collect and share data, projects of at least 30 megawatts, and projects likely to attract private investment. Awards would have to go to at least 3 proposals in at least 3 states and to at least 3 different project sponsors, and the bill authorizes such sums as necessary to carry out the program.

Full text and official record on Congress.gov

Sponsors

• John W. Hickenlooper Democrat sponsor
• 3 cosponsors