Tuesday, July 24, 2018

USA, Utah: More Funding for Frontier Observatory for Research in Geothermal Energy

GOED Approves Economic Opportunity Grant for FORGE (News Release)

The Utah Governor’s Office of Economic Development (GOED) has approved an Industrial Assistance Fund, post-performance Economic Opportunity Grant for the amount of $365,000 for the Frontier Observatory for Research in Geothermal Energy (FORGE). The project will create 23 new jobs with an average full-time wage of $94,000 per year and a capital investment of more than $100 million. 

The grant was awarded to Beaver County for the assistance in the construction of infrastructure related to the project. The project was a top priority in Beaver County’s economic development plan recently presented to Gov. Gary R. Herbert. 

The U.S. Department of Energy announced in June that Utah was to receive up to $140 million in funding across five years to build a first-of-its-kind research laboratory to advance next generation geothermal technologies.