Committee on Energy and Natural Resources. Ordered to be reported with an amendment favorably.
Summary
The Geo POWER Act creates a competitive program that provides innovative financing for geothermal demonstration projects in low‑permeability and impermeable reservoirs, especially in areas that currently lack geothermal electricity, including Indian lands. It targets projects that can generate at least 30 MW or advance drilling technologies, aiming to lower upfront costs, generate public data, and attract private investment. The program is administered by the Energy Secretary and requires funding to be allocated as needed.
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