Geothermal Exploration Policy Mechanisms: Lessons for the United States from International Applications

Technical Report · Thu May 01 00:00:00 EDT 2014

DOI:https://doi.org/10.2172/1220829· OSTI ID:1220829

Speer, Bethany ^[1]; Economy, Ryan ^[1]; Lowder, Travis ^[1]; Schwabe, Paul ^[1]; Regenthal, Scott ^[1]

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1. National Renewable Energy Lab. (NREL), Golden, CO (United States)

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.

• Research Organization: National Renewable Energy Lab. (NREL), Golden, CO (United States)
• Sponsoring Organization: USDOE Office of Energy Efficiency and Renewable Energy (EERE), Renewable Power Office. Geothermal Technologies Office
• OSTI ID: 1220829
• Report Number(s): NREL/TP-6A20-61477; 6834
• Country of Publication: United States
• Language: English

Related Subjects

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