Skip to main content

Bipartisan STEAM Act Set to Unlock America’s Geothermal Potential

 
Unleashing Geothermal Power: How the STEAM Act Could Transform U.S. Energy

The United States stands at a critical juncture in its energy history. While solar and wind power have seen remarkable growth over the past two decades, geothermal energy—an often-overlooked, 24/7 source of clean and reliable power—has yet to reach its full potential. That may soon change with the introduction of the Streamlining Thermal Energy through Advanced Mechanisms (STEAM) Act, a bipartisan bill introduced by Congresswomen Susie Lee (NV-03) and Celeste Maloy (UT-02) in the House of Representatives, with companion legislation in the Senate sponsored by Senators Catherine Cortez Masto (D-NV) and Lisa Murkowski (R-AK).

This legislation aims to level the playing field for geothermal energy by cutting through bureaucratic red tape and giving geothermal developers similar rights and flexibility that the oil and gas industry has enjoyed for nearly two decades. For advocates of clean energy, the STEAM Act is more than just a policy proposal—it represents a strategic pivot toward a future powered by domestic, carbon-free, and reliable energy.

The Need for Geothermal Energy Reform

Geothermal energy has long been considered a cornerstone of a carbon-free future. Unlike solar or wind, which depend on weather patterns, geothermal provides continuous baseload power, capable of delivering energy 24 hours a day, 7 days a week. It is also highly scalable, from small distributed projects to large utility-scale power plants.

Despite its potential, geothermal development in the U.S. has been constrained by regulatory and bureaucratic hurdles. Permitting processes for geothermal projects are often slow, expensive, and unpredictable, particularly on federal lands. This creates a stark contrast to oil and gas development, where established regulations allow projects to proceed more smoothly, enabling operators to plan and finance projects with greater certainty.

Nevada and Utah, states with some of the nation’s most abundant geothermal resources, illustrate the challenge perfectly. Nevada, already the second-largest geothermal producer in the U.S., hosts the country’s first enhanced geothermal system (EGS), Project Red, a partnership between Google and Fervo Energy. Despite this breakthrough, further expansion has been limited by red tape and permitting delays. Similarly, Utah’s geothermal fields hold massive untapped potential, yet developers face similar regulatory hurdles.


What the STEAM Act Proposes

The STEAM Act aims to remove these barriers and accelerate geothermal development nationwide. At its core, the bill proposes:
Permitting Parity with Oil and Gas: Geothermal projects will be allowed to explore and develop on previously disturbed or studied public lands using similar standards as oil and gas operations. This will streamline permitting and reduce uncertainty.

Increased Investment Certainty: By clarifying regulatory requirements and reducing bureaucratic delays, developers and investors can move forward with confidence, making financing large-scale geothermal projects more feasible.

Promotion of Next-Generation Geothermal Technologies: Enhanced geothermal systems (EGS), which can extract heat from deep underground where natural geothermal reservoirs may not exist, will benefit from faster approvals and expanded development areas.

Job Creation and Economic Growth: The bill is expected to create thousands of high-paying jobs in construction, drilling, engineering, and operations, particularly in rural and underserved areas where geothermal resources are abundant.

Energy Independence and Security: By harnessing domestic geothermal resources, the U.S. can reduce reliance on imported fossil fuels and bolster energy security while cutting carbon emissions.
By applying lessons learned from decades of oil and gas development, the STEAM Act seeks to give geothermal energy the regulatory clarity it needs to flourish.

Key Stakeholders and Industry Support

The STEAM Act has received strong endorsements from major players in the geothermal and clean energy sectors.
ClearPath Action, led by CEO Jeremy Harrell, emphasizes that the legislation helps achieve parity for geothermal power, enabling it to play a vital role in the nation’s energy mix while supporting economic and environmental goals.

Eavor Technologies, a leader in closed-loop geothermal systems, praised the bill for allowing exploration to move forward efficiently and responsibly, unlocking the potential for a proven and reliable clean energy solution.

Fervo Energy sees the bill as a game-changer for financing and drilling operations. Ben Serrurier, Senior Manager of Government Affairs & Policy at Fervo, noted that the permitting improvements have been tested over two decades in oil and gas, and applying them to geothermal will accelerate project deployment and reduce costs.

Geothermal Rising, an industry association, highlighted the STEAM Act as a critical legislative step that supports development, deployment, and innovation of geothermal technologies across the U.S.

Institute for Progress (IFP) also endorsed the act, stressing that it provides the streamlined process needed to unleash geothermal’s potential as a reliable domestic energy source.

With this coalition of industry experts, investors, and advocacy groups, the STEAM Act is poised to be a transformative piece of legislation.



One of the most compelling examples of geothermal’s potential is Project Red, located in Nevada. This enhanced geothermal system is a collaboration between Google and Fervo Energy, and it demonstrates how next-generation geothermal can deliver clean, reliable, and scalable energy.

Unlike traditional geothermal plants that rely on naturally occurring hydrothermal reservoirs, Project Red uses advanced drilling techniques and heat extraction technologies to access heat from deep underground. The energy produced powers Google Cloud operations in Las Vegas and supports multiple data centers across the state.

The U.S. Department of Energy estimates that EGS technology, like that employed at Project Red, could provide enough energy to power more than 65 million homes across the country. However, expanding such projects nationwide has been slowed by complex permitting processes—a problem the STEAM Act directly addresses.

Why Geothermal Matters

Geothermal energy is more than just another clean energy source; it is a strategic tool in the fight against climate change and energy insecurity. Here’s why:
Reliable Baseline Power: Unlike intermittent renewables like wind and solar, geothermal delivers continuous power, making it ideal for grid stability.
Carbon-Free Energy: Geothermal has minimal greenhouse gas emissions, contributing significantly to U.S. climate goals.
Local Economic Development: Geothermal projects can provide jobs in construction, engineering, operations, and maintenance, often in rural areas where employment opportunities are limited.
Energy Independence: By tapping domestic geothermal resources, the U.S. reduces reliance on foreign energy imports, strengthening national security.
Technology Innovation: EGS and other advanced geothermal methods open the door to a new generation of clean energy solutions that could revolutionize global energy systems.

Bipartisan Support and the Path Forward

The STEAM Act has been introduced with strong bipartisan support. Congresswomen Susie Lee and Celeste Maloy emphasized the economic and environmental benefits of geothermal energy in their districts, while Senators Cortez Masto and Murkowski highlighted the national potential of the legislation.

Nevada, as the second-largest geothermal producer in the U.S., already shows the transformative power of geothermal when bureaucracy is minimized. Utah, with its untapped geothermal fields, represents another frontier. By aligning permitting standards with those used in oil and gas, the bill encourages private-sector investment and accelerates the development of geothermal resources nationwide.

Challenges Ahead

While the STEAM Act is a significant step forward, challenges remain:

Public Awareness: Geothermal energy is still relatively unknown compared to solar and wind. Greater public and policy education is needed to highlight its benefits.
Technological Risks: While EGS has tremendous potential, drilling and subsurface engineering come with inherent risks that must be managed carefully.
Financing: Even with streamlined permitting, geothermal projects require substantial upfront capital. Supportive financial instruments and incentives will be key to unlocking large-scale development.
Environmental Considerations: Geothermal drilling must be conducted responsibly to avoid local environmental impacts, including water usage and seismic activity concerns.

The Bigger Picture: Geothermal’s Role in U.S. Energy

The introduction of the STEAM Act reflects a broader shift in U.S. energy policy—one that increasingly prioritizes clean, domestic, and reliable energy sources. Geothermal, with its unique ability to provide continuous baseload power, fits perfectly into a diversified energy portfolio that also includes solar, wind, nuclear, and energy storage solutions.

By enabling faster development, creating jobs, and reducing emissions, geothermal energy can play a pivotal role in achieving U.S. climate and energy goals. The STEAM Act is an essential legislative tool to unlock this potential, ensuring that American geothermal energy is no longer constrained by outdated policies and red tape.

Conclusion: A New Era for Geothermal

The STEAM Act represents a historic opportunity for U.S. geothermal energy. By granting permitting parity with oil and gas, providing regulatory clarity, and supporting next-generation technologies, this bipartisan bill could transform the landscape of domestic energy production.
For Nevada, Utah, and beyond, the act promises more than just energy—it promises economic growth, job creation, and a cleaner, more secure energy future. With strong backing from key industry players such as ClearPath Action, Eavor Technologies, Fervo Energy, Geothermal Rising, and IFP, the STEAM Act is positioned to catalyze the next chapter in America’s renewable energy story.
As the U.S. faces mounting energy challenges and climate imperatives, geothermal energy—long overlooked—could finally rise to the forefront, powered by policy, innovation, and a commitment to a sustainable future.
The question now is not whether geothermal can deliver, but whether America is ready to unleash its full potential. With the STEAM Act, that future is within reach.




Connect with us:LinkedIn X

Comments

Hot Topics

Blowout at Cape Station: Fervo Energy’s First Major Crisis After Blockbuster IPO

Just weeks after a record-breaking IPO, the flagship project of the "geothermal unicorn" faces its first major operational crisis. By : Robert Buluma   Beaver County, Utah – The morning of May 27, 2026, began like any other at the Cape Station construction site in rural Utah. Workers for Fervo Energy, the newly public darling of the renewable energy world, were engaged in the complex task of drilling deep into the Earth’s crust to unlock what the company promised would be the future of 24/7 clean power. But by the afternoon, the routine had turned into a crisis. The site had experienced a blowout—an uncontrolled release of fluid or pressure from a well. For any energy company, a blowout is a serious matter. For Fervo Energy, which had just raised $1.89 billion in a blockbuster Nasdaq debut two weeks prior, it represents an immediate stress test of its technology, its safety protocols, and its $7.7 billion market valuation. While the well has since been contained and no injur...

Enhanced Geothermal Systems Financing Hurdles

The Heat Beneath: Why Enhanced Geothermal Systems Can't Get Financing—And What It Will Take to Change That By : Robert Buluma Introduction: The Paradox of Boundless Energy Beneath our feet lies an energy source so vast that capturing just a fraction of it could power civilization for millennia. More than five terawatts of heat resources exist beneath the United States alone—enough to meet the electricity needs of the entire world. Enhanced Geothermal Systems (EGS), which circulate water through engineered fractures in deep hot rock, promise to unlock this resource nearly anywhere on the planet, not just in volcanic hotspots. The technology is improving faster than almost anyone expected. Costs are falling. The fossil fuel industry's drilling expertise is being repurposed. And yet, for all its promise, EGS remains stuck in a financial no-man's-land—too big for venture capital, too risky for traditional lenders, and too unfamiliar for the infrastructure investors who could tr...

The Heat Beneath Our Feet: How Canada’s First National Geothermal Roadmap Could Redefine Clean Energy

The Heat Beneath Our Feet: Canada Invests in First National Geothermal Energy Roadmap By: Robert Buluma   Image: The Eavor Wonder,  something amazing 👏  Calgary, Alberta – June 11, 2026 – In a move that signals a significant shift toward diversifying its clean energy portfolio, the Government of Canada has officially invested in its first national roadmap for deep geothermal energy. The announcement, made today by the Honourable Tim Hodgson, Minister of Energy and Natural Resources , marks a pivotal moment for a country better known for its oil sands and hydroelectric dams than for harnessing the heat of the Earth’s crust. With a conditional investment of $468,000 through Natural Resources Canada’s Energy Innovation Program , the government is backing the Canadian Deep Geothermal Roadmap project. Led by the Canadian Deep Geothermal Coalition and supported by the  Cascade Institute as the secretariat, this initiative aims to create a cohesive, evidence-based strate...

Rodatherm Energy: The Refrigerant Gambit

By: Robert Buluma   Rodatherm Energy has done something no other geothermal startup has attempted at commercial scale: swapped water for refrigerant in a closed-loop system. The claim is 50% higher thermal efficiency than water-based binary cycles, achieved by circulating a proprietary phase-change fluid through a fully cased, pressurized wellbore. The company emerged from stealth in September 2025 with a $38 million Series A—the largest first venture raise in geothermal history. Lead investor Evok Innovations was joined by Toyota Ventures, TDK Ventures, and the Grantham Foundation. The engineering thesis is elegant. The execution risks are significant. This is an Alphaxioms examination of both. II. The Thermodynamic Distinction Every geothermal company you've covered moves heat using water or steam. Rodatherm moves heat using a fluid that boils and condenses inside the wellbore. In a conventional closed-loop water system (Eavor's model), water circulates as a single-phase liq...

Mazama Energy Newberry Superhot Geothermal Breakthrough Reshapes Clean Energy

Mazama Energy’s Superhot Rock Vision Redefines Global Geothermal Power By Robert Buluma   The geothermal industry is entering a new era, and one company is pushing the boundaries of what was once considered technically impossible. Mazama Energy has ignited global attention after revealing extraordinary progress at its Newberry geothermal site in central Oregon, where it reportedly achieved temperatures of 331°C in an enhanced geothermal system environment. For an industry accustomed to operating within the 150°C to 300°C range, this milestone is more than impressive — it signals the possible beginning of a technological transformation capable of reshaping the future of clean baseload power. For decades, geothermal energy has quietly remained one of the most reliable renewable energy resources on Earth. Unlike solar and wind, geothermal power does not depend on weather conditions, sunlight, or seasonal variability. It delivers continuous electricity twenty-four hours a day, seven ...

The Retrofit Revolution: How GreenFire Energy Is Turning Abandoned Oil & Geothermal Wells Into Continuous Clean Power Without New Drilling

The Retrofit Revolution: How GreenFire Energy Is Unlocking Geothermal Power Without Drilling a Single New Well By: Robert Buluma   While much of the geothermal energy sector has been focused on breakthrough drilling techniques—deeper wells, hotter reservoirs, and complex engineered systems—a quieter revolution has been unfolding in the background. Instead of chasing entirely new subsurface frontiers, one company has chosen a radically simpler question: What if the answer was already in the ground? GreenFire Energy is advancing a retrofit-first geothermal strategy that targets one of the most overlooked opportunities in the global energy transition: existing wells that are underperforming, depleted, or completely abandoned. Rather than drilling new holes into the Earth, the company is reusing the infrastructure that already exists—turning stranded assets into continuous sources of clean, baseload electricity. This approach is not just technically elegant. It may also be one of ...

"Below the Surface: How Baker Hughes is Drilling the 24/7 Clean Energy Solution"

Below the Surface: How Baker Hughes is Drilling the 24/7 Clean Energy Solution By: Robert Buluma   The geothermal era has arrived — and   Baker Hughes is holding the drill. While much of the energy world remains fixated on LNG exports and offshore wind, a quieter revolution is taking place beneath our feet. Baker Hughes (BKR) , the Houston-based energy technology giant, has assembled what may be the most comprehensive geothermal partnership network in the industry — positioning itself as the go-to industrial executor for next-generation geothermal power. In 2026 alone, the company has locked in strategic collaborations spanning three continents, from the deserts of Saudi Arabia to the outback of Australia and the high-heat basins of the American West. The common thread? Baker Hughes is applying a century of oil and gas drilling expertise to unlock geothermal energy at industrial scale — and the data center boom is providing the perfect market catalyst. The Strategy: "G...

Sage Geosystems: Turning Underground Pressure Into 24/7 Power

Sage Geosystems : The Geothermal Startup That Turns Pressure Into Power By: Robert Buluma Most conversations about advanced geothermal circle around the same question: How do you extract heat from dry rock? Sage Geosystems started with a different question: What if the Earth could do most of the work for you? Based in Houston, Sage has quietly built a technology stack that treats the subsurface not just as a heat source, but as a pressure vessel. Their system captures heat and mechanical energy, stores energy underground like a battery, and uses a fraction of the surface pumping that conventional geothermal requires. This article focuses entirely on Sage , how their technology works, what makes it genuinely different, and where the blind spots still are. Part I: The Core Innovation , Pressure Geothermal Sage's foundational insight is simple but powerful: deep hot rock isn't just hot. It's also under immense natural pressure. Traditional geothermal systems ignore that pre...

The XGS Energy Heat Sponge Solves Geothermal's Biggest Problem

The XGS Energy Heat Sponge Solves Geothermal's Biggest Problem I mage: A californian XGS well pad Imagine drilling a hole into the Earth’s hot crust  but instead of simply dropping in a pipe and hoping for the best, you paint the inside of that hole with a magic material that soaks up heat like a sponge soaks up water. Then you seal it, circulate a fluid, and generate clean, firm electricity  24/7, no fracking, no water consumption, no earthquakes. That’s not science fiction. That’s XGS Energy . While most of the geothermal world has been chasing fracked reservoirs or massive drilling rigs, XGS quietly built a prototype, ran it for over 3,000 hours in one of the harshest geothermal environments on Earth, and landed a 150 MW deal with Meta – enough to power tens of thousands of homes or a massive data center campus. This is the story of a technology that might be the most elegant, low-risk, and capital-efficient path to scalable geothermal power. Let’s dig in. Part 1: The Pro...

Project Obsidian: Unlocking Superhot Geothermal Power from Deep Earth

Quaise Energy and the Dawn of Superhot Geothermal Power in Oregon By: Robert Buluma Inside Project Obsidian and the Future of Deep Earth Energy The global energy transition has long been defined by solar panels on rooftops, wind turbines across plains, and batteries reshaping grids. Yet beneath all these familiar technologies, another contender is quietly emerging—one that does not depend on weather, daylight, or even surface conditions at all. It comes from deep within the Earth itself, from rock so hot it behaves almost like a molten energy reservoir. That is the frontier where Quaise Energy is now operating. In Oregon, the company is developing what could become the world’s first superhot geothermal power plant under its ambitious initiative known as Project Obsidian . If successful, it could mark a fundamental shift in how humanity produces clean, continuous electricity—moving from shallow geothermal pockets to tapping heat sources several kilometers beneath the Earth’s surfac...