June 6, 2007

The National Geothermal Initiative Act of 2007

In continuing to respond to calls from Americans to increase domestic production of clean energy, Senate Energy Committee Chairman Jeff Bingaman (D-NM) has introduced bipartisan legislation to further advance geothermal technologies. The National Geothermal Initiative Act of 2007 (S.1543) already has seven co-sponsors: Reid, Murkowski, Stevens, Salazar, Tester, Snowe and Hatch.
 
Drilling wells to tap geothermal energy (heat from the earth) is a process similar to producing oil.  However, geothermal energy is a clean, reliable, domestically-abundant and renewable resource.  Geothermal sources range from shallow, hot water springs to rock several miles beneath the earth’s surface that can be engineered to produce energy for a variety of uses, including as an energy source for baseload electricity generation.
 
Bingaman, chairman of the Senate Energy Committee, said, “It is critical, with our nation’s ever-increasing energy needs, that new sources of clean energy be developed and utilized.  S.1543 does just that by creating and implementing new research and development programs for a clean, renewable energy source with great potential.”
 
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