Wire · operational-macro
DOE targets next-gen geothermal development with $99M for field-scale tests, exploration drilling
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Fusion42 · 24 September 2026 · Fusion42 review
The U.S. Department of Energy has allocated over $99 million for 21 projects aimed at advancing next-generation geothermal energy through field-scale enhanced geothermal systems tests and exploratory drilling to characterize geothermal resources across the U.S. These projects will generate publicly available data to reduce development risk and support future commercial geothermal projects.
This Wire brief sits within Fusion42's coverage of Climate Tech.
◆ ◆ The Wire takeaway
DOE's large funding push for next-gen geothermal opens the field for founders in drilling tech and reservoir monitoring to access government-backed validation and data sharing opportunities. You can accelerate commercialisation by leveraging this injection of capital and public data to derisk your tech developments and partnerships.
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1 source · 24 Sep 2026
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