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Colorado Opens Final $12 Million Grant Round to Accelerate Geothermal Electricity Projects

Colorado Launches Round 4 of Geothermal Energy Grant Program: $12 Million Available for Electricity Project By:  Robert Buluma Colorado is accelerating its transition to clean energy with the launch of Round 4 of the Geothermal Energy Grant Program (GEGP) ) , offering $12 million in funding to support geothermal electricity development across the state. This latest round, anticipated to be the final one for the program, prioritizes projects that significantly advance geothermal electricity generation. Who Can Apply? The program is open to a wide range of applicants, including: Local governments and political subdivisions of Colorado Tribal governments Corporations registered in Colorado Gas and electric service public utilities Other eligible entities with CEO approval Applicants must carefully review eligibility criteria in the Request for Applications (RFA) documents to ensure their projects qualify. Eligible Projects Round 4 funding focuses exclusively on geothermal ...

Colorado Vouches On Geothermal and Green Hydrogen

Colorado's Bold Leap Toward a Renewable Future: Geothermal and Hydrogen Power in the Spotlight By:  Robert Buluma In a monumental stride toward a greener future, Colorado is ambitiously setting its sights on achieving 100% renewable energy by 2040. While wind and solar have long been the champions of this green revolution, the state is now exploring the untapped potential of geothermal and hydrogen power to bridge the final gap in its renewable energy quest. This pivotal shift promises not only to revolutionize the state's energy landscape but also to offer a fascinating glimpse into the future of sustainable power. A New Dawn: Geothermal Energy Rising Colorado's geological makeup, rich with subsurface heat, positions it as a prime candidate for geothermal energy development. Governor Jared Polis, a staunch advocate for geothermal, underscores the state's exceptional potential: "We happen to have great subsurface heat in Colorado." This seismological advantage...

Eavor and University Of Colorado Receives $700,000 For Cutting Edge Geothermal Energy

Exploring a Greener Future: CU Boulder and Eavor Technologies Partner for Geothermal Energy Breakthrough By: Robert Buluma Boulder, CO -  — In a pioneering move towards sustainable energy, the University of Colorado Boulder (CU Boulder) has been awarded nearly $700,000 through the Colorado Energy Office's Geothermal Energy Grant Program (GEGP).  This funding, announced by Governor Jared Polis in Pueblo, will support cutting-edge studies aimed at harnessing geothermal energy to reduce the university’s greenhouse gas emissions and energy costs. Eavor Technologies, a trailblazer in geothermal technology, joins CU Boulder in this ambitious endeavor. Their collaboration aims to explore the potential of geothermal energy to slash the university’s Scope 1 and 2 GHG emissions while providing a reliable, renewable energy source. "We are excited to contribute our expertise on geothermal to CU Boulder’s geothermal studies," said Jeanine Vany, Eavor co-founder and executive vice pres...

Teverra awarded statewide Geothermal Study

Unveiling Colorado's Geothermal Potential: Teverra Awarded Statewide Study Colorado, renowned for its stunning landscapes and progressive energy initiatives, is now embarking on a new frontier in renewable energy exploration. With a rich history in mining and hydrocarbon production, alongside recent strides in wind and solar power, Colorado is now turning its attention to geothermal energy. Teverra, a pioneering clean energy company based in Atlanta, has been awarded a groundbreaking contract by the Colorado Energy and Carbon Management Commission (ECMC) to conduct a comprehensive geothermal evaluation across the state. Exploring Geothermal Opportunities: The initiative aims to assess and quantify Colorado's geothermal resources, leveraging Teverra's expertise in subsurface solutions and advanced geomechanics. Joseph Batir, Geothermal Lead at Teverra, expresses enthusiasm for the project, emphasizing its potential to contribute to Colorado's energy legacy while advancin...