Geothermal energy: an industry appraisal

Journal Article · Mon Mar 01 04:00:00 EST 1976 · Min. Congr. J.; (United States)

OSTI ID:7194294

Olson, H J; Dolan, W M

Some deterrents to the rapid development of geothermal energy by industry are discussed. It is pointed out that those groups in the business of pursuing subsurface resources will be motivated to rapidly develop a geothermal industry if: (1) realistic definitions of known geothermal resource areas (KGRAs) are provided; (2) the agency prerogative concerning creation of KGRAs are severely restricted; (3) non-competitive leases are promptly issued; (4) escrow provisions or other arrangements are implemented, permitting geothermal leases to be issued on the Federal mineral estate; (5) acreage limitations per state are substantially increased; (6) tax legislation, specifically for geothermal, is enacted that provides for intangible drilling cost deductions, depletion allowances or equivalents; and accelerated write-offs; (7) the already legislated guaranteed loan program is implemented with expeditions processing requirements; and (8) environmental compliance procedures are streamlined. (LBS)

• OSTI ID: 7194294
• Journal Information: Min. Congr. J.; (United States), Journal Name: Min. Congr. J.; (United States) Vol. 62:3; ISSN MCJOA
• Country of Publication: United States
• Language: English

Related Subjects

15 GEOTHERMAL ENERGY
150400* -- Geothermal Energy-- Legislation & Regulations
29 ENERGY PLANNING, POLICY, AND ECONOMY
299002 -- Energy Planning & Policy-- Geothermal-- (-1989)
DOCUMENT TYPES
ENERGY
ENERGY SOURCES
GEOTHERMAL ENERGY
INDUSTRY
LAND LEASING
LEASING
LEGISLATION
POWER POTENTIAL
RENEWABLE ENERGY SOURCES
REVIEWS
USES