NREL publishes report on advancing geothermal exploration
The report released by the DOE reviews five key policy areas from international projects such as loan guarantees, drilling failure insurance, lending support, grants, and government-led exploration and their applicability to the U.S. geothermal market.
As stated in the US Department of Energy’s Website:
A new DOE report, published by the National Renewable Energy Laboratory, highlights findings from a review of five policy mechanisms that have been successfully applied to hydrothermal exploration activities around the globe – loan guarantees, drilling failure insurance, lending support, grants, and government-led exploration—and their applicability to the U.S. geothermal market. A significant barrier in geothermal project development is the high investment risk during the resource exploration phase of development projects.
To access the Report in PDF format, follow this link
Source: US Department of Energy Website
