June 17, 2024

Rocky Daily News

Colorado Politics-Sports-Business-Weather

Jared Polis touts new geothermal projects in renewable push

1 min read

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Colorado launched a new era of investment in geothermal energy Friday in a two-pronged effort to broaden renewable sources and lower consumer bills, with Gov. Jared Polis going deep into the details of a $7.7 million round of grants meant to boost private developers. 

Polis said the state geothermal grants will help unlock $100 million of total investment in the emerging technology, from tests of warm water deep inside oil well sites, to new ground-source heat pumps to take three Pueblo fire stations to net-zero on emissions.

Adding geothermal energy sources to Colorado’s market-leading push into solar and wind generation, Polis said, is necessary to both meet the state’s greenhouse gas reduction goals over the next two decades and to offer consumers a break on heating…

Michael Booth

2024-05-24 12:30:00

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