,,ii  #aaith ,,congress  #b;d ,session  
,s4 #daaf  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,march #ag1    
#bjbf,mr4 ,hickenlooper 7for himself1   
,mr4 ,daines1 ,mr4 ,padilla1 and ,mr4   
,curtis7 introduced the following bill2 
which was read twice and referred to the
 ,committee on ,energy and ,natural     
,resources  ,a ,,bill  ,to advance      
next-generation geothermal electricity  
generation demonstration projects in new
 regions1 and for other purposes4  #a4  
,short title ,this ,act may be cited as 
the ,geothermal ,power ,opportunity     
,with ,expanded ,regions ,act or the    
,geo ,,power ,act4  #b4 ,purpose ,the   
purpose of this ,act is to advance      
next-generation geothermal demonstration
 projects-- 7#a7 to accelerate the      
commercialization of next-generation    
geothermal technologies in diverse      
geologies and regions across the ,united
 ,states2  7#b7 to overcome high upfront
 capital costs for geothermal           
exploration and drilling2  7#c7 to      

generate public data to de-risk future  
geothermal projects in new geologies and
 regions2 and  7#d7 to catalyze         
geothermal demonstration projects and   
innovation through milestone-based      
financing to de-risk future geothermal  
projects4  #c4 ,innovative financing for
 geothermal demonstration projects      
,section #fae of the ,energy            
,independence and ,security ,act of     
#bjjg 7#db ,u4,s4,c4 #agaid7 is         
amended-- 7#a7 in subsection 7a71 by    
inserting the milestone-based geothermal
 demonstration program for projects in  
low permeability and impermeable        
reservoirs described in subsection 7e7  
and after including2  7#b7 in subsection
 7d71 by striking paragraph 7#c72 and   
7#c7 by adding at the end the following3
  7e7 ,milestone-,based geothermal      
demonstration program  7#a7 ,definitions
 ,in this subsection3  7,a7  ,innovative
 financing  ,the term innovative        
financing means financial instruments   
used to support geothermal energy       

project development1 including          
transactions that the ,secretary may    
enter into under section #fdf of the    
,department of ,energy ,organization    
,act 7#db ,u4,s4,c4 #gbef74  7,b7       
,program  ,the term ,program means the  
,milestone-,based ,geothermal           
,demonstration ,program established     
under paragraph 7#b74  7#b7             
,establishment  ,not later than #ahj    
days after the date of enactment of this
 subsection1 the ,secretary shall       
establish a program1 to be known as the 
,milestone-,based ,geothermal           
,demonstration ,program1 to award       
innovative financing to geothermal      
projects in low-permeability and        
impermeable reservoirs through a        
competitive process based on the        
achievement of technical and financial  
milestones1 prioritizing--  7,a7        
geothermal projects in regions and      
geologies that have limited or no       
geothermal electricity generation as of 
the date of enactment of this paragraph1

 including on or near ,indian land 7as  
defined in section #bfja of the ,energy 
,policy ,act of #aiib 7#be ,u4,s4,c4    
#ceja772  7,b7 geothermal projects that 
support the collection and dissemination
 of data to characterize new geothermal 
resources and technologies to catalyze  
future private investment2  7,c7 new    
geothermal electricity production       
facilities with aggregate electricity   
generation capacity potential of not    
less than #cj megawatts or geothermal   
projects that advance innovative        
drilling or other innovations that      
enable the viability of commercial-scale
 geothermal electricity generation of   
not less than #cj megawatts2 and  7,d7  
projects with the potential for         
attracting significant private sector   
investment4  7#c7  ,requirements  7,a7  
,proposals  ,in carrying out the        
,program1 the ,secretary shall request  
proposals for projects from project     
sponsors that meet the criteria         
described in paragraph 7#b74  7,b7      

,differentiation  ,the ,secretary shall 
award innovative financing under        
paragraph 7#b7-- 7i7 to not less than #c
 different proposals in at least #c     
different ,states2 and  7ii7 to not less
 than #c different project sponsors4    
7,c7 ,staffing ,the ,secretary shall    
maintain staffing levels sufficient to  
administer innovative financing under   
paragraph 7#b74  7#d7  ,authority  ,the 
,secretary shall carry out a project    
under this subsection as a              
milestone-based demonstration project   
under section #ijje of the ,energy ,act 
of #bjbj 7#db ,u4,s4,c4 #gbef;c74  7f7  
,authorization of appropriations ,there 
are authorized to be appropriated to the
 ,secretary such sums as are necessary  
to carry out subsections 7d7 and 7e74  4