GTO providing $1.5 million to help small businesses innovate geothermal technology

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On Thursday, July 9, 2015, the White House announced that the U.S. Department of Energy will provide $20 million in vouchers to help small businesses work with national laboratories on clean energy investments. Of the five national labs participating in the pilot, Lawrence Berkeley and Sandia National Laboratories will be the lead laboratories for the Geothermal Technologies Office, with $1.5 million to support collaborative research, development, and technical assistance for small businesses in the geothermal industry.

With the help of the Geothermal Technologies Office, the labs will assist small businesses in developing technologies to improve the geothermal industry in many different ways, from implementing enhanced geothermal system technologies to improving low-temperature and co-production applications. These vouchers are modeled on successful state programs that have allowed collaboration between businesses and national laboratories to bring innovative technologies to market in a range of industries, including solar energy, automotive, and vaccine production.

New collaboration projects that these vouchers enable will help accelerate the expansion of geothermal energy capacity in the United States and keep us leading the world in geothermal technology. For more information about the vouchers pilot, read the Office of Energy Efficiency and Renewable Energy Blog post.