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Colorado announces $7.7 million grant awards for 35 geothermal projects

By District Energy posted 05-28-2024 08:47

  

Think Geoenergy

Summary

Colorado Governor Jared Polis and the Colorado Energy Office have announced $7.7 million in grant awards through the Geothermal Energy Grant Program for 35 innovative geothermal projects in the state. The list of projects cover a wide range of geothermal applications with the grants divided as such:

  • Single-structure geothermal heat pump installations – $947,000
  • Interconnected thermal energy networks between buildings – $3.57 million
  • Geothermal electricity generation – $3.22 million

Awardees are expected to invest more than $100 million into the awarded projects to leverage the state investment. The full list of awardees can be accessed via this link.

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