Tuesday, May 23, 2017

USA: President's Budget Request Slashes Geothermal Technologies Spending

U.S. Department of Energy FY 2018 Budget Justification

The Budget provides $12.5 Million in FY 2018 for Geothermal Technologies, $58.5 Million below the FY 2016 Enacted level

The President’s Budget for Fiscal Year (FY) 2018 requests $28.0 billion for the Department of Energy (DOE) to make key investments in science and technology innovation that support its missions in nuclear security, basic scientific research, energy innovation and security, and environmental cleanup.

The FY 2018 Request provides $2.2 billion, $2.4 billion below the FY 2016 Enacted level, for energy programs that enhance U.S. security and economic growth through transformative science, technology innovation, and market solutions to meet the Nation’s energy challenges.

$636 million is targeted for Energy Efficiency and Renewable Energy, $1.4 billion below the FY 2016 Enacted level, focusing on early stage R&D to support American energy independence and domestic job-growth.

The Budget provides $12.5 Million in FY 2018 for Geothermal Technologies, $58.5 Million below the FY 2016 Enacted level, supporting GTO’s Enhanced Geothermal Systems (EGS) collaborative effort, bringing together National Laboratory-led teams, academia, and industry to conduct early-stage R&D that explores the fundamental relationships between seismicity, stress state, and permeability to validate and verify models, providing feedback to inform the next stage of EGS research.

DOE FY 2018 Budget Justification.......
DOE FY 2018 Budget Fact Sheet (PDF)........
Summary Table by Organization (PDF)........