News
Nov 12, 2008Geothermal Funding Opportunity
DOE Announces Open Geothermal Technologies Funding Opportunity
GTP has issued a Funding Opportunity Announcement (FOA) for up to $5 million over five years. This work will create and maintain a web-based National Geothermal Database that will help to overcome barriers to the development of conventional and Enhanced Geothermal Systems.
Initial estimated total funding for this award is listed at $1,300,000 in FY2009; with additional anticipated funds of $3,700,000 in years FY2010 through FY2013, subject to the availability of Congressional appropriations. DOE anticipates making one award under this announcement.
Geothermal energy has the potential to emerge as a capable alternative to conventional energy resources due to its renewable baseload capabilities, little to no carbon emissions, and affordability relative to other alternative energy technologies. In early 2008, GTP initiated the Geothermal Risk Mitigation Strategies Report (Risk Mitigation Report) to analyze the risks involved with geothermal energy development.
The report proposed strategies to overcome barriers to development and to enable additional investment in conventional and enhanced geothermal systems. As a result of this study, GTP is initiating an effort to create the National Geothermal Database to serve as a central repository for all publically accessible geothermal data.
Creating, maintaining, and operation this database is the subject of this FOA, titled National Geothermal Database and you can find further on and requirements for responding to this Geothermal FOA DE-PS36-08GO98020 as part of the DOE Industry Interactive Procurement System.
You can also access and download the complete Announcement DE-PS36-08GO98020 (Announcement).
