These projects will target (1) next-generation, field-scale tests at depths and temperatures appropriate for full-scale project development and (2) exploration drilling activities to support characterization and potential confirmation of promising next-generation and hydrothermal prospects for electrical power production. The activities enabled by this NOFO will fill important gaps in technology, innovation, and geothermal exploration.
Under this Notice of Funding Opportunity (NOFO), OG anticipates making as many as 28 awards in the first round of applications. Individual awards may range between $4 million and $25 million. This NOFO may remain open for up to 72 months, with review cycles occurring approximately every 12 months, while funding lasts and subject to Congressional appropriations. Projects are part of OG’s research and development (R&D) on enhanced geothermal systems and hydrothermal resources.
Letters of Intent Due: March 27, 2026
Full Applications Due: May 14, 2026
Up to $171.5 million (Topic Area 1: up to $100M; Topic Area 6: up to $71.5M)
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