Exclusive: Western States Form New Bipartisan Geothermal Consortium

Geothermal is so hot right now. And bipartisan. Long regarded as the one form of electricity generation everyone in Washington can agree on (it’s both carbon-free and borrows techniques, equipment, and personnel from the oil and gas industry), the technology got yet another shot in the arm last week when leading next-generation geothermal company Fervo raised almost $2 billion by selling shares in an initial public offering. Now, a coalition of western states and nonprofits is coming together to work on the policy and economics of fostering more successful geothermal projects.

Exclusive: Western States Form New Bipartisan Geothermal Consortium. Geothermal is so hot right now. And bipartisan. Long regarded as the one form of electricity generation everyone in Washington can agree on (it’s both carbon-free and borrows techniques, equipment, and personnel from the oil and gas industry), the technology got yet another shot in the arm last week when leading next-generation geothermal company Fervo raised almost $2 billion by selling shares in an initial public offering. Now, a coalition of western states and nonprofits is coming together to work on the policy and economics of fostering more successful geothermal projects. Governor Jared Polis of Colorado and Governor Spencer Cox of Utah will announce the formation of the Mountain West Geothermal Consortium this afternoon at a press conference in Salt Lake City. The...