Eden GeoPower awarded $225,000 from National Science Foundation (News Release)
Massachusetts based company Eden GeoPower has announced that it has been granted the Small Business Innovation Research Program (SBIR) Phase I award of $225,000 from the National Science Foundation. This award will be used to develop a new “Low-Frequency Electric Impulse” method for increasing permeability in oil and gas/geothermal reservoirs without pumping hazardous material into the subsurface.
This method will allow for increased hydrocarbon and geothermal power production, providing a new state-of-the art reservoir stimulation technique that can replace current hydraulic fracking methods in the future.
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