Geothermal Loan Guaranty Program and its impact on geothermal exploration and development

Technical Report · Mon May 01 04:00:00 EDT 1978

DOI:https://doi.org/10.2172/5113359· OSTI ID:5113359

Nasr, L H

The study showed that the Geothermal Loan Guaranty Program has had only a negligible effect on geothermal development and the response to the program was far less than expected. The streamlining of environmental regulations and leasing policies, and the granting of intangible drilling cost write-offs and depletion allowances to operators would have had a greater impact on geothermal energy development. The loan guaranty program did not promote the undertaking of any new projects that would not have been undertaken without it. The program only accelerated the pace for some development which might have commenced in the future. Included in the study are recommendations for improving the operation of the program thereby increasing its attractiveness to potential applicants.

• Research Organization: Colorado School of Mines, Golden (USA)
• DOE Contract Number: AC02-78ET27214
• OSTI ID: 5113359
• Report Number(s): COO-4635-1
• Country of Publication: United States
• Language: English

Related Subjects

15 GEOTHERMAL ENERGY
29 ENERGY PLANNING, POLICY, AND ECONOMY
DECISION MAKING
ECONOMIC IMPACT
ENERGY
ENERGY SOURCE DEVELOPMENT
ENERGY SOURCES
FINANCIAL ASSISTANCE
FINANCIAL INCENTIVES
FINANCING
GEOTHERMAL ENERGY
GEOTHERMAL INDUSTRY
Geothermal Legacy
INDUSTRY
LAND LEASING
LEASING
LEGISLATION
RENEWABLE ENERGY SOURCES
SURVEYS