Colorado
Summary
The Colorado Energy Office (CEO) announced a total of $14.4 million in funding awards Thursday to support geothermal heating projects across Colorado. This funding from the Geothermal Energy Grant Program (GEGP) and Geothermal Energy Tax Credit Offering (GETCO) will enable awardees to plan and install geothermal heat pumps and thermal energy networks that deliver low-cost, energy efficient heating and cooling to homes and buildings around the state. Awardees include local governments, school districts, residential communities, a medical campus, and a wastewater treatment facility.
The awarded projects include a broad range of ways to utilize geothermal energy. For example, the City and County of Denver will use its GETCO award to study the creation of a cutting-edge, multisource district thermal system that provides heating and cooling through a shared water loop for 5.5 million square feet of municipal buildings.
"The downtown thermal network pilot project is a key step toward a carbon-free downtown Denver,” said Liz Babcock, Executive Director of Denver’s Office of Climate Action, Sustainability and Resiliency. “With support from the state, Denver can meet our community’s needs while demonstrating how this affordable, reliable, and sustainable energy option can meet the needs of cold weather climate cities around the world.”
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