Nevada’s Geothermal Lease Sale Shatters Records: What It Means for the Future of Clean Energy By: Robert Buluma The geothermal industry is entering an exciting new chapter—one defined by bold investments, rising land values, and rapidly advancing technology. The latest lease sale in Nevada is a perfect example. According to industry sources, bids are already surpassing previous records , with some parcels hitting over $400 per acre . This remarkable surge comes just months after earlier records were set, signaling a powerful and accelerating trend. As geothermal development continues to pick up momentum across the western United States, Nevada stands out as one of the most attractive hotspots. The state’s rich geothermal resources, combined with strong policy support and advancements in subsurface imaging, drilling, and reservoir engineering, are creating the perfect environment for developers and investors alike. A Record-Breaking Sale: What Happened? The Bureau of Land Management...
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