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DOE Supporting Enhanced Geothermal Systems and Advance Thermal Energy Storage – LOI Due 03/01/24. Application Due 04/01/24. $31 Million Available

Opportunity Title:

$31 Million Available to Improve Enhanced Geothermal Systems and Advance Thermal Energy Storage

 

Funder/Agency:

Department of Energy (DOE), Geothermal Technologies Office (GTO)

 

Opportunity Number:

DE-FOA-0003296

 

Description:

The U.S. Department of Energy (DOE) announced a funding opportunity of up to $31 million for projects supporting enhanced geothermal systems (EGS) wellbore tools as well as the use of low-temperature geothermal heat for industrial processes.


The combined Funding Opportunity Announcement (FOA) seeks projects in two topic areas:


  • Topic Area 1: Funding of up to $23.1 million will support projects to address downhole cement and casing evaluation tools for use in high-temperature and hostile geothermal wellbores.

  • Topic Area 2: Funding of up to $7.9 million will support a demonstration project for low-temperature reservoir thermal energy storage technology with applications to industrial processes.

Projects under Topic Area 1 will reduce costs and technical challenges associated with wellbore construction for EGS, which will expand opportunities to tap firm, flexible, domestic geothermal energy nationwide and support DOE’s Enhanced Geothermal Shot.


Projects under Topic Area 2 can help reduce emissions from energy-intensive industrial heating processes and spur reservoir thermal energy storage technology towards being a long-term, reliable decarbonization technology for U.S. industry and manufacturing. Projects under this topic also support DOE’s Industrial Heat Shot.

 

Award Details:

Total Amount Available:

$31,000,000

 

Maximum Award:

$10,000,000

 

Minimum Award:

$100,000

 

Deadline:

LOI Submission Due March 01, 2024

Applications Due April 01, 2024

 

 

Grant Management Associates has years of experience with opportunities like this one. Contact us today for a consultation.

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