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Code · BILL · 114th Congress · S. 2089 (Placed on Calendar Senate) — To provide for investment in clean energy, to empower and protect consumers, to modernize energy infrastructure, to c... · Sec. 2134

Sec. 2134. Cost-shared exploration

310 words·~1 min read·/bill/114/s/2089/pcs/section-2134

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To promote the goals described in section 2131, the Secretary may conduct a federally funded program of cost-shared drilling with industry partners— to explore and document new geothermal resources in the United States; and to develop improved tools and methods for geothermal resource identification and extraction, with the goal of achieving material reductions in the cost of exploration with a corresponding increase in the likelihood of drilling success. To carry out the program described in subsection (a), the Secretary may award cost-share grants on a competitive and merit basis to eligible applicants to support exploration drilling and related activities.
In selecting applicants to receive grants under paragraph (1), the Secretary shall— give preference to applicants proposing projects located in a variety of geological and geographical settings with previously unexplored, underexplored, or unproven geothermal resources; and consider— the potential that the unproven geothermal resources would be explored and developed under the proposed project; the expertise and experience of an applicant in developing geothermal resources; and the contribution the proposed project would make toward meeting the goals described in section 2131.
Data from all exploratory wells that are carried out under the program described in subsection
(a)shall be provided to the Secretary and the Secretary of the Interior for— use in mapping national geothermal resources; and other purposes, including— subsurface geological data; metadata; borehole temperature data; and inclusion in the National Geothermal Data System of the Department. Not later than 2 years after the date of enactment of this Act, confidential data from all exploratory wells that are carried out under the program described in subsection
(a)shall be provided to the Secretary and the Secretary of the Interior for the purposes described in subparagraphs
(A)and
(B)of paragraph (1), to be available for a period of time to be determined by the Secretary and the Secretary of the Interior.
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