The U.S. Department of Energy is making up to $14.5 million in new funding available to advance geothermal energy development. The Efficient Drilling for Geothermal Energy (EDGE) funding opportunity announcement will focus on geothermal drilling in support of accelerating the research and development of innovative geothermal energy technologies in America.
Courtesy of US Department of Energy
“Advancing research in geothermal drilling technologies will help harness the heat beneath our feet to expand our domestic energy resources,” said Daniel Simmons, Principal Deputy Assistant Secretary for Energy Efficiency and Renewable Energy.
Geothermal energy represents a clean, efficient, and nearly inexhaustible domestic energy resource. The U.S. currently has an installed geothermal capacity of more than 3.8 GW, and there is an estimated 100 GW or more of additional potential geothermal development accessible in undiscovered hydrothermal and enhanced geothermal systems. Technological innovation is necessary to economically convert these resources into cost-effective energy services.
The EDGE FOA aims to continue and expand GTO’s R&D in geothermal drilling by covering three topic areas:
Topic Area 1focuses on early-stage R&D projects to reduce common delays in drilling operations like lost circulation, stuck pipe, unstable wellbores, and other issues that take time away from deepening the hole, typically referred to as non-drilling time.
Topic Area 2focuses on early-stage R&D projects in innovative drilling technologies that improve the rates of penetration for drilling geothermal wells.
Topic Area 3focuses on exploring 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 improving knowledge transfer in the geothermal industry.
The application process will include two phases: a Concept Paper phase and a Full Application phase. Applicants must first submit a Concept Paper by 5 PM ET on May 31, 2018 to be eligible to submit a Full Application.