News

Transmission, drilling support and permitting as key policy priorities in U.S.

Alexander Richter 5 Mar 2012

The U.S. Geothermal Energy Association publishes its key policy priorities for the geothermal sector in the United States, naming transmission, permitting and leasing delays, support for exploratory drilling as key issues for its policy activities.

With good news from the Energy Information Agency in the U.S., that expects geothermal power generation capacity to triple by 2035, the U.S. Geothermal Energy Association (GEA) announces its policy goals for the coming 12 months.

The Association sees a number of issues with current U.S. geothermal and renewable policy. In order for the industry to grow policies need to be adapted.

It mentions that longer term tax incentives would be needed to stabilize the industry and suggests a placed-in-service deadline for new projects to December 31, 2016.

The policy overview lists further issues like transmission, leasing and permitting delays, need for support for geothermal exploration, resource assessments, promotion of exploratory drilling and mapping.

Furthermore the release states the potential for U.S. firms working internationally and asks for support for those activities.

For the full release see link below.

Source: GEA release via Alt Energy Mag