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US DOE announces $60M funding for three EGS projects

ThinkGeoEnergy

Department of Energy (DOE) has announced the selection of three projects that will receive up to $60 million to demonstrate the efficacy and scalability of enhanced geothermal systems (EGS). grid by 2050 – enough to power the equivalent of more than 65 million homes – as well as support heating and cooling solutions nationwide.

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Global Briefing: Australia passes landmark climate legislation

Business Green

US Department of Energy launches new geothermal power 'Earthshot'. Granholm this week announced a new Department of Energy (DOE) goal to make enhanced geothermal systems (EGS) a widespread renewable energy option in the US by cutting its cost by 90 per cent to $45 per megawatt hour by 2035. US Energy Secretary Jennifer M.

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Biden-Harris administration sends geothermal energy projects $60 million

Hydrogen Fuel News

The projects are focused on improving system efficiency and scalability The geothermal energy projects that have been selected to receive a total of up to $60 million from the DoE are focused on the improvement of efficacy and scalability of enhanced geothermal systems (EGS). The funding comes from the Bipartisan Infrastructure Law.

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