$3M Contest Sparks Growth in Geothermal Heat Pump Workforce The feds announce $3 million in prizes for ideas that foster sustainable pathways to training and hiring J.J. Smith January 30, 2025 No Comments The federal agency responsible for cutting costs and risks in geothermal development is offering $3 million in prize money for a competition. Read More
DOE Seeks Grant Applications to Establish Geothermal Data Collection Partnerships Six awards of from $1 million to $5 million expected J.J. Smith January 30, 2025 No Comments The Department of Energy’s (DOE) Geothermal Technologies Office (GTO) has announced a $19 million grant program to establish regional partnerships in the geothermal industry.Read More
IRS Issues Rule Detailing GHP System Tax Credit Eligibility Regulation defines energy properties, and when energy tax credit can be claimed for GHP systems J.J. Smith January 27, 2025 No Comments The IRS has finalized new rules on energy tax credits for geothermal heat pump (GHP) systems, clarifying eligibility requirements for system owners. Read More
DOE Opens to ‘Letters of Intent’ Seeking Funding for Geothermal Research Projects Geothermal Technologies Office awarding $200,000 to projects under ‘Phase I’ funding J.J. Smith January 13, 2025 No Comments Agency seeks “letters of intent” from small businesses seeking grants to support enhanced geothermal systems.Read More
Transcript | The Driller's Well Completion Report of 2024 The Driller Staff December 20, 2024 No Comments The Driller Newscast episode 138 recaps important conversation at Groundwater Week.Read More
Episode 138 – The Driller Newscast The Driller's Well Completion Report of 2024 The Driller Staff December 20, 2024 No Comments The Driller Newscast episode 138 recaps important conversation at Groundwater Week.Read More
Senators Urge IRS to Change Rule that Prevents Geothermal Stakeholders from Claiming Tax Credit Senator Michael Bennet has submitted a letter to the Department of Treasury asking it to modify a tax rule. J.J. Smith November 26, 2024 No Comments Senators suggest a change to an IRS rule to expand tax credit to the components of geothermal heat pumps.Read More
Geothermal Tech that Accesses Rock at 300°C Likely Within Ten Years Rock heated to 300°C can produce ten times the amount of electricity currently produced J.J. Smith November 26, 2024 No Comments It’s a fundamental difference to go from 200 to 300°C-heated rock, with drilling mud and casings logistics yet to be resolved.Read More
Episode 134 – The Driller Newscast We're in the Red Zone: 4th Quarter Strategies on Climate and Water The Driller Staff November 18, 2024 One Comment Are you on offense or defense for water conservation and climate policy?Read More
Advancing Geothermal Drilling Technology is Focus of DOE Research Agency Need to develop drilling equipment that works at near 400°C J.J. Smith November 15, 2024 No Comments ARPA-E program director tells the Driller it’s developing high-temperature drilling technologies.Read More