Geothermal Exploration Policy Mechanisms: Lessons for the United States from International Applications

Bethany Speer; Travis Lowder; Paul Schwabe; Scott Regenthal

doi:10.2172/1134132

Geothermal Exploration Policy Mechanisms: Lessons for the United States from International Applications

Bethany Speer, Travis Lowder, Paul Schwabe, Scott Regenthal

National Renewable Energy Laboratory

Research output: NREL › Technical Report

Abstract

This report focuses on five of the policy types that are most relevant to the U.S. market and political context for the exploration and confirmation of conventional hydrothermal (geothermal) resources in the United States: (1) drilling failure insurance, (2) loan guarantees, (3) subsidized loans, (4) capital subsidies, and (5) government-led exploration. It describes each policy type and its application in other countries and regions. It offers policymakers a guide for drafting future geothermal support mechanisms for the exploration-drilling phase of geothermal development.

Original language	American English
Number of pages	64
DOIs	https://doi.org/10.2172/1134132
State	Published - 2014

NREL Publication Number

NREL/TP-6A20-61477

Keywords

capital subsidies
conventional hydrothermal
drilling failure insurance
exploration-drilling phase
finance
financing
geothermal development
geothermal energy
geothermal resources
incentives
loan guarantees
markets
mechanisms
resource exploration
risk
subsidized loans

Access to Document

10.2172/1134132

https://www.nrel.gov/docs/fy14osti/61477.pdf

Cite this

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title = "Geothermal Exploration Policy Mechanisms: Lessons for the United States from International Applications",

abstract = "This report focuses on five of the policy types that are most relevant to the U.S. market and political context for the exploration and confirmation of conventional hydrothermal (geothermal) resources in the United States: (1) drilling failure insurance, (2) loan guarantees, (3) subsidized loans, (4) capital subsidies, and (5) government-led exploration. It describes each policy type and its application in other countries and regions. It offers policymakers a guide for drafting future geothermal support mechanisms for the exploration-drilling phase of geothermal development.",

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AB - This report focuses on five of the policy types that are most relevant to the U.S. market and political context for the exploration and confirmation of conventional hydrothermal (geothermal) resources in the United States: (1) drilling failure insurance, (2) loan guarantees, (3) subsidized loans, (4) capital subsidies, and (5) government-led exploration. It describes each policy type and its application in other countries and regions. It offers policymakers a guide for drafting future geothermal support mechanisms for the exploration-drilling phase of geothermal development.

KW - capital subsidies

KW - conventional hydrothermal

KW - drilling failure insurance

KW - exploration-drilling phase

KW - finance

KW - financing

KW - geothermal development

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KW - incentives

KW - loan guarantees

KW - markets

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M3 - Technical Report

ER -

Geothermal Exploration Policy Mechanisms: Lessons for the United States from International Applications

Abstract

NREL Publication Number

Keywords

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Cite this