$15 million to fund two projects intended to reduce drilling costs by 25%.
The Department of Energy (DOE) announced that investments of $15 million are being made in two projects that are expected to reduce the cost of geothermal energy drilling by 25%. Geothermal heat is a constant source of power that can become an effective clean energy source. However, the drilling required to tap into that energy is very expensive. These two projects are developing ways to drill faster, deeper, and more frequently with fewer tools.
“There is incredible, untapped potential to use the heat beneath our feet to meet our energy demands with a renewable resource that can be found throughout the U.S.,” said Secretary Jennifer Granholm. “By lowering the cost of drilling, we can make it easier to expand geothermal energy and help the country transition to a clean energy future while also creating good-paying jobs nationwide.”
As the Lord Leads, Pray with Us…
- For Secretary Granholm to seek God’s guidance as she oversees the development of clean energy.
- For U.S. energy officials to be prudent in their approach to energy development.
- For the president and his administration as they pursue climate goals.
Sources: Department of Energy
