Global Trade Alert
Global Trade Alert

United States of America: Department of Energy announces USD 171.5 million funding opportunity to expand geothermal energy development

Announcement

25 Feb 2026

In February 2026, the U.S. Department of Energy announced a USD 171.5 million funding opportunity to support field-scale geothermal tests and exploration drilling across the United States.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Feb 2026

Revocation date:

No revocation date

Updated: 25 Feb 2026
Financial grant In force

Recent update from 25 Feb 2026:

On 25 February 2026, the US Department of Energy announced a USD 171.5 million Notice of Funding Opportunity to support next-generation geothermal field-scale tests, exploration drilling activities...

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