Pagosa Springs, Colorado/ U.S. (supply: flickr/ EmmaNoProblema.com)
The State of Colorado has launched the Geothermal Power Grant Program for geothermal heating and energy tasks. The RFA interval shall be till 19 January 2024.
The Colorado Power Workplace and the administration underneath Gov. Jared Polis has launched the primary spherical of functions for the Geothermal Power Grant Program (GEGP) which can present funding help for the event of geothermal vitality tasks for electrical energy technology and house heating and cooling.
The CEO will award a complete of USD 5 million for the primary funding spherical, with no less than one further funding spherical opening subsequent fiscal 12 months. A complete of USD 12 million has been made accessible for all the grant program.
The primary spherical of Request for Software (RFA) formally opened on 14 November 2023 and can run till 19 January 2024. Extra info on eligibility and the applying course of is out there on the Geothermal Power Grant Program web site.
Each private and non-private entities are eligible to use for GEGP funding. Eligible tasks embody:
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Single-structure geothermal: Putting in a geothermal system as the first supply of heating and cooling for a bunch of residential buildings or a single multifamily or nonresidential constructing
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Neighborhood district heating (thermal vitality community): Developing ground-source, water-source, or multi-source thermal methods that serve multiple constructing.
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Geothermal electrical energy technology: Growing geothermal electrical energy technology know-how and/or utilizing geothermal vitality to provide hydrogen or energy direct air seize know-how.
To make sure this program advantages the Coloradans who’re most impacted by air air pollution, excessive vitality prices, and the transition away from fossil fuels, CEO will prioritize tasks in disproportionately impacted, low-income, and simply transition communities. CEO has additionally reserved 25% of the single-structure geothermal grants for tasks in these communities.
Informational webinars for every sub-grant shall be hosted by the COE on 28 November 2023. Registration hyperlinks for the webinars are as follows:
“The warmth beneath our toes — geothermal vitality — offers Colorado with the chance to decrease vitality prices by harnessing zero-emission vitality to generate electrical energy and warmth and funky houses, companies, and communities. Colorado continues to be the nationwide chief for geothermal vitality and we look ahead to seeing how these grants will proceed that streak,” mentioned Governor Polis
This program aligns with Governor Polis’ Warmth Beneath Our Toes initiative, which focuses on exploring geothermal vitality functions and addressing land use planning and market boundaries throughout the West for this key know-how. The geothermal vitality grant program is without doubt one of the largest investments in geothermal vitality within the nation, establishing Colorado as a frontrunner on this increasing business. This system accelerates the expansion and improvement of geothermal know-how, which can play a essential function in attaining net-zero emissions in Colorado by 2050.
“Colorado’s distinctive geography gives among the most sturdy geothermal vitality potential within the nation,” mentioned CEO Govt Director Will Toor. “Our geothermal program is an thrilling alternative to faucet into this expansive useful resource to warmth and funky our houses and enhance entry to dependable clear electrical energy. Geothermal know-how will scale back greenhouse fuel emissions whereas saving Coloradans cash on vitality prices and creating good-paying jobs in Colorado communities.”
The State of Colorado underneath Governor Polis has been very energetic in pursuing laws to help geothermal improvement. In the course of the 2022 legislative session, two bipartisan payments had been signed on geothermal analysis, training, and implementation. Earlier this 12 months, SB23-285 or the “Power and Carbon Administration Regulation in Colorado” was signed into regulation, creating the framework for brand spanking new state regulatory approvals that allow expanded energy technology from geothermal sources.
Supply: Colorado.gov
