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The DOE aims to build upon current Enhanced Geothermal Shots by accelerating research, development, and demonstrations within enhanced geothermal systems, to tap into and better understand resources while significantly reducing the cost of EGS.
Since President Joe Biden invoked the DPA back in June 2022, HVAC-related energy efficiency incentives and renewable energy technology, have made their way into the spotlight. Many of those who work in the geothermal industry have been “waiting for this day” for decades.
The DOE is investing up to $6 million in research and design to lay the groundwork for more geothermal heating and cooling systems at federal facilities.
The moment for geothermal seemed to have arrived several times since the 1970s. A number of factors are forecasting wider use of this type of heating and cooling solution.
The International Ground Source Heat Pump Association joined with the National Groundwater Association during Groundwater Week at the Music City Convention Center in Nashville.
Geothermal heat pumps tap into a renewable source of energy to provide comfort for a home, and HVAC contractors can tap into this market for increased sales.