Geothermal Exploration Policy Mechanisms: Lessons for the United States from International Applications
This report focuses on five of the policy types that are most relevant to the U.S. market and political context for the exploration and confirmation of conventional hydrothermal (geothermal) resources in the United States: (1) drilling failure insurance, (2) loan guarantees, (3) subsidized loans, (4) capital subsidies, and (5) government-led exploration. It describes each policy type and its application in other countries and regions. It offers policymakers a guide for drafting future geothermal support mechanisms for the exploration-drilling phase of geothermal development.
- Publication Date:
- OSTI Identifier:
- Report Number(s):
- DOE Contract Number:
- Resource Type:
- Technical Report
- Research Org:
- National Renewable Energy Laboratory (NREL), Golden, CO.
- Sponsoring Org:
- USDOE Office of Energy Efficiency and Renewable Energy Geothermal Technologies Office
- Country of Publication:
- United States
- 15 GEOTHERMAL ENERGY; 29 ENERGY PLANNING, POLICY AND ECONOMY GEOTHERMAL ENERGY; CONVENTIONAL HYDROTHERMAL; GEOTHERMAL RESOURCES; EXPLORATION-DRILLING PHASE; GEOTHERMAL DEVELOPMENT; RESOURCE EXPLORATION; RISK; FINANCE; FINANCING; INCENTIVES; MARKETS; MECHANISMS; DRILLING FAILURE INSURANCE; LOAN GUARANTEES; SUBSIDIZED LOANS; CAPITAL SUBSIDIES; Geothermal Energy; Energy Analysis
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