Millions in funding available for geothermal drilling research, development
The U.S. Department of Energy’s Geothermal Technologies Office plans to dole out up to $14.5 million to advance geothermal energy development nationwide.
The Efficient Drilling for Geothermal Energy funding opportunity announcement will focus on geothermal drilling in support of accelerating the research and development (R&D) of innovative geothermal energy technologies, according to a release.
The funding is comprised of three topic areas:
· Topic Area 1 focuses on early-stage research and development projects to reduce common delays in drilling operations like lost circulation, equipment breakdown and other issues that take time from deepening the hole, typically referred to as non-drilling time.
· Topic Area 2 focuses on early-stage R&D projects in innovative drilling technologies that improve the rates of penetration for drilling geothermal well.
· Topic Area 3 explores innovative approaches and models to accelerate the transfer of geothermal drilling and related technologies from the laboratory into the real world by focusing on building partnerships that will increase adoption of nascent technology and improve knowledge transfer in the geothermal industry.
View the solicitation and submission instructions at EERE Exchange, the online application portal.
The application process will include two phases: a concept paper phase and a full application phase. Only applicants who have submitted an eligible concept paper by 5 p.m. Eastern time May 31, 2018 will be eligible to submit a full application.
Companies: U.S. Department of Energy