Trump Holds Geothermal Card Up His Sleeve When Pitching “Energy Dominance”

President Trump’s idea of US energy dominance is exclusive to fossil fuels. Nevertheless, his central premise — “innovation and new technology have opened trillions of dollars of energy for development” — can be equally applied to the vast wind, solar, hydro, and geothermal resources at the country’s disposal.

It looks like the Trump administration is gearing up for a new round of R&D that could propel the US geothermal industry out of the doldrums.

On December 13, the office announced the first steps toward an R&D program seeking ways to lower the cost of drilling.

Drilling accounts for about half the cost of geothermal development, so focusing on that angle should produce high impact results.