Aiming at promoting geothermal power generation, the Japanese Ministry of Economy, Trade and Industry (METI) will launch in the next fiscal year a project to support private companies and universities that will conduct technical development and study on geothermal power. The ministry will promote research and development in a wide range of themes such as investigation into new geothermal power development, reduction of drilling costs, and development of high-performance steam turbines for geothermal applications.