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Code · BILL · 119th Congress · S. 4116 (Introduced in Senate) — To advance next-generation geothermal electricity generation demonstration projects in new regions, and for other pur... · Sec. 2

Sec. 2. Purpose

70 words·~1 min read·/bill/119/s/4116/is/section-2

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The purpose of this Act is to advance next-generation geothermal demonstration projects— to accelerate the commercialization of next-generation geothermal technologies in diverse geologies and regions across the United States; to overcome high upfront capital costs for geothermal exploration and drilling; to generate public data to de-risk future geothermal projects in new geologies and regions; and to catalyze geothermal demonstration projects and innovation through milestone-based financing to de-risk future geothermal projects.
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