March 22, 2011

The Department of Energy's Geothermal Technologies Programunder the American Recovery and Reinvestment Act

Under the American Recovery and Reinvestment Act of 2009 (Recovery Act), the Department of Energy's Geothermal Technologies Program received $400 million to promote the exploration and development of new geothermal fields and innovative research into advanced geothermal technologies. This funding represents an almost ten-fold increase over the $44 million originally appropriated to the Geothermal Technologies Program for 2009. As of January 2011, the Department had awarded $368 million in financial assistance agreements for 135 geothermal technologies projects, with about $68 million having been expended. Recovery Act funding supports geothermal projects undertaken by private industry, academic institutions, tribal entities, local governments, and the Department's National Laboratories.

Topic: Energy