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State money for geothermal exploration available
State money for geothermal exploration available
Two state authorities are making nearly $4 million available to help schools, government buildings and health care facilities install large-scale geothermal energy systems.
The $3.8 million Geothermal Clean Energy Challenge was announced jointly Wednesday, Dec. 6, by the New York State Energy Research and Development Authority and the New York Power Authority. The initiative is part of the state’s goal to reduce greenhouse gas emissions by 40 percent across New York by 2030.
“Geothermal energy can be an ideal, cost-conscious, and clean solution to heating and cooling buildings in New York,” said Gil C. Quiniones, NYPA president and CEO. “NYPA is excited to partner with NYSERDA on this initiative. We look forward to seeing the implementation of clean geothermal systems at many sites throughout the state as this Challenge gets underway.”
The challenge can help facilities determine if they’re good sites for installing geothermal pumps that transfer heat to and from the ground to save on energy costs. Up to 75 applications will be accepted, through March 30. Each application will receive a free summary report analyzing the viability of a geothermal system for the applicant. Up to 25 applicants will be eligible to receive up to $125,000 in matching funds for design studies. Other funds are available for project construction, if approved. Applications can be submitted online through the Geothermal Challenge website. Questions can be emailed to [email protected].
[email protected]/(585) 363-7275
