Most of the money awarded will be through matching funds known as Cooperative Agreements, Chris Kielich, a DOE spokeswoman tells Recharge.
She says EGS projects and related component systems will help support the Obama administration’s efforts to invest in renewable energy technologies, create millions of new jobs, end US ``addiction’’ to foreign oil and address climate change.
Conventional geothermal energy systems must be located near easily-accessible geothermal water resources, limiting its nationwide use.
