DOE Launches Energy Earthshot to Slash Cost of Geothermal Power
September 09, 2022
September 09, 2022
WASHINGTON, Sept. 9 -- The U.S. Department of Energy issued the following news on Sept. 8, 2022:
U.S. Secretary Jennifer M. Granholm today announced a new Department of Energy (DOE) goal to make enhanced geothermal systems (EGS) a widespread renewable energy option in the U.S. by cutting its cost by 90% to $45 per megawatt hour by 2035. The Enhanced Geothermal Shot DOE's seeks to unlock the Earth's nearly inexhaustible heat resources to provide reliable, clean power to Ame . . .
U.S. Secretary Jennifer M. Granholm today announced a new Department of Energy (DOE) goal to make enhanced geothermal systems (EGS) a widespread renewable energy option in the U.S. by cutting its cost by 90% to $45 per megawatt hour by 2035. The Enhanced Geothermal Shot DOE's seeks to unlock the Earth's nearly inexhaustible heat resources to provide reliable, clean power to Ame . . .