Author: US DOE Published: 1/30/2024 EERE
Funding Opportunities
Geothermal Technologies Office (GTO)
Funding Notice: $31 Million Available to Improve Enhanced Geothermal Systems and Advance Thermal Energy Storage
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The U.S. Department of Energy (DOE) announced a funding opportunity of up to $31 million for projects supporting enhanced geothermal systems (EGS) wellbore tools as well as the use of low-temperature geothermal heat for industrial processes.
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FOA NUMBER: DE-FOA-0003296
FUNDING AMOUNT: $31 Million
LETTERS OF INTENT DUE DATE: 3/1/2024, 5 p.m. ET
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The combined Funding Opportunity Announcement (FOA) seeks projects in two topic areas:
- Topic Area 1: Funding of up to $23.1 million will support projects to address downhole cement and casing evaluation tools for use in high-temperature and hostile geothermal wellbores.
- Topic Area 2: Funding of up to $7.9 million will support a demonstration project for low-temperature reservoir thermal energy storage technology with applications to industrial processes.
Projects under Topic Area 1 will reduce costs and technical challenges associated with wellbore construction for EGS, which will expand opportunities to tap firm, flexible, domestic geothermal energy nationwide and support DOE’s Enhanced Geothermal Shot. Projects under Topic Area 2 can help reduce emissions from energy-intensive industrial heating processes and spur reservoir thermal energy storage technology towards being a long-term, reliable decarbonization technology for U.S. industry and manufacturing. Projects under this topic also support DOE’s Industrial Heat Shot.
GTO anticipates making several awards over the course of fiscal years 2024–2028, with individual awards ranging between $100,000 and $10 million.
Letters of intent are due March 1, 2024, and full applications are due April 1, 2024.
GTO will post an informational webinar to EERE eXCHANGE February 5, 2024, by 5:00 p.m. ET to discuss the funding program and the areas of focus.
Learn more about other open funding opportunities within DOE’s Office of Energy Efficiency and Renewable Energy.
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