§ 17204 - High cost region geothermal energy grant program

CHAPTER 152— ENERGY INDEPENDENCE AND SECURITY › SUBCHAPTER V— ACCELERATED RESEARCH AND DEVELOPMENT

(a) In this section:

(a)(1) The term “eligible entity” means—

(a)(1)(A) a utility;

(a)(1)(B) an electric cooperative;

(a)(1)(C) a State;

(a)(1)(D) a political subdivision of a State;

(a)(1)(E) an Indian tribe; or

(a)(1)(F) a Native corporation.

(a)(2) The term “high-cost region” means a region in which the average cost of electrical power or heat exceeds 150 percent of the national average retail cost, as determined by the Secretary.

(b) The Secretary shall use amounts made available to carry out this section to make grants to eligible entities for activities described in subsection (c).

(c) An eligible entity may use grant funds under this section, with respect to a geothermal energy project in a high-cost region, only—

(c)(1) to conduct a feasibility study, including a study of exploration, geochemical testing, geomagnetic surveys, geologic information gathering, baseline environmental studies, well drilling, resource characterization, permitting, and economic analysis;

(c)(2) for design and engineering costs, relating to the project; and

(c)(3) to demonstrate and promote commercial application of technologies related to geothermal energy as part of the project.

(d) The cost-sharing requirements of section 16352 of this title shall apply to any project carried out under this section.

(e) Out of funds authorized under section 17202 of this title, there is authorized to be appropriated to carry out this section $5,000,000 for each of fiscal years 2021 through 2025.

Notes

Editorial Notes

Amendments

2020—Subsec. (a)(2). Pub. L. 116–260, § 3002(l)(1), inserted “or heat” after “electrical power”.

Subsec. (e). Pub. L. 116–260, § 3002(l)(2), amended subsec. (e) generally. Prior to amendment, text read as follows: “There are authorized to be appropriated such sums as are necessary to carry out this section.”

Statutory Notes and Related Subsidiaries

Effective Date

Section effective on the date that is 1 day after Dec. 19, 2007, see section 1601 of Pub. L. 110–140, set out as a note under section 1824 of Title 2, The Congress.