Today, the U.S. Department of Energy (DOE) announced a new Funding Opportunity Announcement (FOA) for up to $14.5 million to support active field testing of enhanced geothermal systems (EGS) technologies and techniques within existing wells. EGS, like all geothermal resources, supplies secure, resilient renewable electricity and heating and cooling that is always-available regardless of weather, and with a small environmental footprint.
The Wells of Opportunity 2021 FOA, solicits the partnership of well owners or operators to help cost-effectively bring more geothermal power online using their existing wells.
There is vast potential for geothermal energy in the United States, but only 3.7 gigawatts electric (GWe) of energy are currently installed. The DOE Geothermal Technologies Office’s (GTO) 2019 GeoVision study concludes that with technology improvements, especially in areas relevant to enhanced geothermal systems, geothermal power generation could increase 26-fold from today, representing 60 GWe by 2050.
“This new funding will help us tap into its enormous potential to power millions of homes and businesses and put thousands to work in good-paying clean energy jobs,” said Acting Assistant Secretary for Energy Efficiency and Renewable Energy Kelly Speakes-Backman. “Making use of the stranded heat beneath our feet and putting idle or underproductive wells to use for power generation will help us transition this important renewable resource closer to widespread deployment.”
The Wells of Opportunity 2021 FOA builds upon the progress of last year’s initial Wells of Opportunity FOA, released in February 2020, by focusing on two topic areas:
- Topic Area 1 – Amplify: EGS Near-Field RD&D: This field validation effort will result in new power production, making existing geothermal fields more economical to operate. The goal of Amplify is to illustrate that near-field and in-field enhanced geothermal systems that can be successfully deployed now.
- Topic Area 2 – ReAmplify: Geothermal Production from Hydrocarbon Wells: This effort seeks to establish the commercial viability of geothermal energy production from hydrocarbon wells that might provide access to otherwise untapped geothermal potential.
Full applications are due by 5:00 p.m. ET on July 26, 2021. Please view the FOA and application instructions for more information.
Courtesy of the Energy.Gov Office of Energy Efficiency & Renewable Energy
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Former Tesla Battery Expert Leading Lyten Into New Lithium-Sulfur Battery Era — Podcast:
I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it! We just don't like paywalls, and so we've decided to ditch ours. Unfortunately, the media business is still a tough, cut-throat business with tiny margins. It's a never-ending Olympic challenge to stay above water or even perhaps — gasp — grow. So ...