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DOE Dedicates Funding for Up to Seven EGS Geothermal Pilot Demonstrations

February 9, 2023 admin Business, DOE, drilling, earthshot, egs, full coverage, geothermal, hot rock, news, Renewables, Research and Development

Credit to Author: Sonal Patel| Date: Thu, 09 Feb 2023 12:41:05 +0000

The Department of Energy has moved to fund up to seven pilot enhanced geothermal system (EGS) projects to demonstrate different geologic settings, a variety of development techniques, and different well orientations. The U.S. agency on Feb. 8 announced up to $74 million to support the EGS pilots, for which the November 2021–enacted Infrastructure Act designates […]

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DOE’s Latest Energy Earthshot Will Tackle Technical, Economic Challenges for Enhanced Geothermal Systems

September 10, 2022 admin Business, DOE, earthshot, egs, engineering, enhanced geothermal, Fuel, full coverage, geothermal, news, Renewables, Research and Development, Technology

Credit to Author: Sonal Patel| Date: Sat, 10 Sep 2022 14:19:52 +0000

The Department of Energy’s (DOE)’s latest Energy Earthshot will seek to cut the cost of enhanced geothermal systems (EGS) to $45/MWh by 2035, an ambitious goal that would shave current EGS costs by 90%. The DOE’s latest Energy Earthshot—part of a 2021-research, development, and demonstration (RD&D) initiative it launched to accelerate breakthroughs for emerging technologies—will […]

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