Bill 118 hr 8665, also known as the Supercritical Geothermal Research and Development Act, aims to promote the research and development of supercritical geothermal energy technology in the United States. The bill recognizes the potential of supercritical geothermal energy as a clean and renewable source of power that can help reduce greenhouse gas emissions and combat climate change.
The bill establishes a program within the Department of Energy to support research, development, and demonstration projects related to supercritical geothermal energy. This program will provide funding for projects that explore the feasibility and potential benefits of supercritical geothermal technology, as well as support efforts to improve the efficiency and cost-effectiveness of this energy source.
Additionally, the bill directs the Department of Energy to collaborate with other federal agencies, national laboratories, and industry partners to advance supercritical geothermal research and development. This collaboration will help ensure that the United States remains at the forefront of this emerging technology and can fully harness the potential of supercritical geothermal energy.
Overall, the Supercritical Geothermal Research and Development Act represents a bipartisan effort to support the growth of clean and renewable energy sources in the United States. By investing in supercritical geothermal technology, the bill aims to create new opportunities for economic growth, job creation, and environmental sustainability.