U.S. Senators, John Hickenlooper and Steve Daines, have introduced the bipartisan

Geo POWER Act

to help accelerate geothermal technologies and deliver clean, affordable electricity across the country.

“We’re on the verge of harnessing a new wave of geothermal energy to meet surging electricity demand, lower prices, and address the climate crisis,” said Hickenlooper. “The key will be in scaling up new, next-generation geothermal projects across the country.”

“Montana has an all-of-the-above energy portfolio, from hydropower and solar to coal and other natural resources,” said Daines. “Geothermal power is an important source of renewable energy for Montana communities, and I’m thrilled to work with Senator Hickenlooper on the Geo POWER Act to increase made-in-America energy and support our nation’s energy independence.”

New geothermal technologies have the potential to provide clean electricity across much of the US, but to realise that power, the gap needs to be bridged between where we are and where we want to go. The bipartisan Geo POWER Act paves that path.

The bill enables the Department of Energy to move beyond limited-scale pilots and unlock the large scale geothermal electricity generation needed to meet surging demand and drive down costs. It authorises DOE to offer innovative financing approaches to help scale next-generation geothermal power generation and develop markets in states with limited existing geothermal facilities.

Specifically, the Geo Power Act would:

Key industry supporters include: Geothermal Rising Action, The Enhanced Geo-thermal Systems Deployment Coalition, Eavor, Fervo, XGS Energy, and Quaise Energy.

Additional supporters also include: Bipartisan Policy Center Action, Center for Climate and Energy Solutions, Citizens for Responsible Energy Solutions, Clean Air Task Force, Clean Energy Buyers Association, ClearPath Action, Climate Innovation Action, National Wildlife Federation, Third Way, and the World Resources Institute.

“When I chaired the Western Governors’ Association, I focused on investing in Geothermal energy because we know the immense potential the ‘Heat Beneath Our Feet’ has to support our climate goals, reduce pollution, and save people money on energy. Colorado is a leader in advancing geothermal energy, and Senator Hickenlooper’s bipartisan Geo POWER Act will build on our work to expand opportunities to deploy more geothermal energy across the US. I thank Senator Hickenlooper for his leadership with this important bill and urge Congress to pass this law,” said Colorado Governor, Jared Polis.