ThinkGeoEnergy – Geothermal Energy News

U.S. DOE awards $7m in funding for work on reducing geothermal drilling cost

The U.S. Department of Energy has announced the recipients of $7 million funding to help decrease the cost of geothermal drilling operations and field development.

The U.S. Department of Energy (DOE) has announced the selected three new projects to receive up to $7 million to research and develop innovative technologies that will reduce the cost of geothermal drilling operations and field development, which is a key step toward achieving geothermal energy’s full resource potential as outlined in the DOE GeoVision study. The selected projects will focus on two significant barriers: understanding the state of stress in the subsurface, and mitigating lost circulation events (LCEs) in drilling.

The projects selected by the Office of Energy Efficiency and Renewable Energy’s Geothermal Technologies Office (GTO) include:

The subsurface state of stress dictates fracture networks that provide the required permeability for a geothermal reservoir; thus an increased understanding of the stress state is valuable for siting wells during geothermal energy development. Lost circulation events (LCEs) can occur during drilling when fluids pumped from the rig through downhole drilling equipment are “lost” and flow into geological formations instead of returning to the surface to complete a circulation path. Innovative technologies that characterize subsurface state of stress and mitigate LCE issues will reduce geothermal exploration and drilling costs, making geothermal a more viable and accessible energy source.

The Geothermal Technologies Office works to reduce costs and risks associated with geothermal development by supporting innovative technologies that address key exploration and operational challenges.

Source: U.S. DOE

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