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DOE Geothermal Competitions Heat Up: New Lithium Extraction Prize

Details Written by IVN Washington, DC - The Department of Energy (DOE) announced the launch of the American-Made Geothermal Lithium Extraction Prize. The prize was launched during today’s NextGen Geo, a live virtual event uniting geothermal industry professionals, geosciences students, and clean energy entrepreneurs for a series of panel discussions on hot topics related to geothermal and renewable energy. The Geothermal Lithium Extraction Prize is designed to advance technologies that improve the economics and lessen environmental impacts of lithium mining from geothermal brines. Competitors must be affiliated with a U.S. academic institution and will participate in three escalating challenges for an opportunity to win a portion of a $4 million cash prize pool. Phase 1 is currently open, with submissions due by Friday, July 2, 2021. In the coming weeks, DOE’s Geothermal Technologies Office (GTO) will post recorded interviews to the prize website tha

DOE Awarding up to $46MM for Geothermal Projects

Rice University / Houston, TX Fervo Energy / Houston, TX Integrated laboratory and modeling studies of the interactions among THMC processes Pennsylvania State University / State College, PA Lawrence Livermore National Laboratory / Livermore, CA U.S. Geological Survey / Denver, CO The University of Oklahoma / Norman, OK Purdue University / West Lafayette, IN “There is enormous untapped potential for enhanced geothermal systems (EGS) to provide clean and reliable electricity to power tens of millions of homes across the country,” Kathleen Hogan, the acting under secretary for Science and Energy, said in a DOE statement. “These investments in EGS research support President Biden’s mission to take on the climate crisis by pushing the frontiers of science and engineering and creating jobs in cutting-edge clean energy fields,” Hogan added.

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