A new DOE report, published by the National Renewable Energy Laboratory, highlights findings from a review of five policy mechanisms that have been...
Geothermal Technologies Office
July 9, 2014
minute read time
A new DOE report, Geothermal Exploration Policy Mechanisms, was recently released by the National Renewable Energy Laboratory | photo courtesy of Geothermal Resources Council.
A new DOE report, published by the National Renewable Energy Laboratory, highlights findings from a review of five policy mechanisms that have been successfully applied to hydrothermal exploration activities around the globe – loan guarantees, drilling failure insurance, lending support, grants, and government-led exploration—and their applicability to the U.S. geothermal market. A significant barrier in geothermal project development is difficulty obtaining financing, particularly during the resource exploration phase of projects. To view the full report, click here. For more information about non-technical Energy Department resources available to support geothermal energy development, visit our website page on Systems Analysis.