NCEL Fact Sheet G E O T H E R

NCEL Fact Sheet G E O T H E R M A L C L I M AT E & E N E R G Y Overview KEY POINTS Geothermal energy refers to the heat derived from the Earth. [...] Although conventional hydrothermal resources such as natural reservoirs of steam or hot water, are Geothermal energy is a renewable energy source, and modern geothermal power plants primarily available in the western states, geothermal energy can be emit no greenhouse gasses. [...] Department of Energy) ● **Colorado SB 285 (enacted 2023): Mandates the commission to conduct studies on the state’s geothermal resource, evaluate the regulatory structure for geothermal resources, assess the The U. [...] (University of Michigan) ● **Colorado HB 1381 (enacted 2022): Creates a grant program for homeowners, private organizations, and local governments to research, develop, and invest in geothermal processes ● **Colorado SB 118 (enacted 2022): Provides basic consumer education and guidance for geothermal energy systems and creates business models for geothermal projects in the state ● **Maryland H. [...] B.1007 (enacted 2021): Altering the renewable energy portfolio standard in certain years to require a certain percentage of energy from Tier 1 renewable sources each year to be derived from certain geothermal heating and cooling systems ● **New York S.9422 (enacted 2022): Establishes the “Utility Thermal Energy Network and Jobs Act” to promote the development of thermal energy networks throughout.