GEODE initiative kicks off to leverage oil and gas know-how for geothermal
The GEODE initiative, aiming to leverage oil and gas expertise for geothermal, has officially been launched by a consortium led by Project InnerSpace.
The Geothermal Technologies Office (GTO) under the US Department of Energy (US DOE) has officially kicked off the GEODE initiative. Led by Project InnerSpace, the initiative was launched at a two-day event in Houston, Texas.
The GEODE initiative (short for “Geothermal Energy from Oil and Gas Demonstrated Engineering”) will leverage the expertise and experience of the oil and gas sector to boost geothermal energy nationwide. The $10 million funding opportunity for the project was announced in mid-2022.
The first-of-its-kind consortium led by Project InnerSpace and the Society of Petroleum Engineers will lay the groundwork for a comprehensive roadmap to unlock geothermal energy’s potential. GEODE is convening experts from both industries to leverage oil and gas industry know-how for geothermal innovation and identify areas for future GEODE research, pending appropriations.
GEODE is part of GTO’s Hydrothermal Resources and Enhanced Geothermal Systems programs.
Source: US Department of Energy