Would establish a 50 GW goal for geothermal development
Sen. Lisa Murkowski |
The bill, entitled "The Energy Policy Modernization Act of 2015," is sponsored by Sen. Lisa Murkowski, a Republican from Alaska, and Sen. Maria Cantwell, a Democrat from Washington state.
Among its provisions is establishing a 50 GW goal for geothermal development. It also directs federal agencies to identify priority areas for development, allows federal oil and gas lease holders to obtain a non-competitive geothermal lease to facilitate coproduction of geothermal power, and will provide geothermal exploration test projects a limited categorical exclusion provided the lands involved present no extraordinary circumstances.
The bill will be considered by the Senate Finance Committee on Tuesday.
Read More.......