Energy Department Announces $3 Million to Identify New Geothermal Resources
January 31, 2014
The U.S. Department of Energy today announced $3 million to spur geothermal energy development using play fairway analysis. This technique identifies prospective geothermal resources in areas with no obvious surface expression by mapping the most favorable intersections of heat, permeability, and fluid. While commonly used in oil and gas exploration, play fairway analysis is not yet widely used in the geothermal industry. By improving success rates for exploration drilling, this data-mapping tool could help attract investment in geothermal energy projects and significantly lower the costs of geothermal energy.