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More Frequent Geothermal Energy Leases and Faster Drilling Permits.

New rules aim to accelerate geothermal energy development in the U.S. This means that bids for geothermal drilling leases will occur more frequently, and the process for obtaining drilling permits will be significantly shortened. This could lead to increased availability of clean energy and potentially lower energy costs in the future.
Key points
Geothermal lease sales will now occur annually instead of every two years.
If a lease sale is canceled or delayed, a replacement sale must be conducted within the same year.
Authorities will have 30 days to review geothermal drilling permit applications and another 30 days to issue a final decision.
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Additional Information
Print number: 119_HR_1687
Sponsor: Rep. Fulcher, Russ [R-ID-1]
Process start date: 2025-02-27