Nicholas Begich (R-AK)

Geo POWER Act

H.R. 8437 · House bill Energy

A Republican bill with 4 Democratic cosponsors · See all 7 cosponsors

Last activity — Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.

Introduced, nothing more yet

Formally proposed, and not yet handed to a committee.

Nearly every bill is sent to a committee within days. Introduction alone is not a sign of support, of momentum, or of any likelihood of passing — any member may introduce any bill.

Its path through Congress

  1. Introduced

What this bill would do

This bill, known as the "Geo POWER Act," aims to advance next-generation geothermal electricity generation demonstration projects. It seeks to accelerate the commercialization of these technologies in diverse geologies and regions across the United States. The legislation focuses on overcoming high upfront capital costs for exploration and drilling while generating public data to de-risk future projects. It establishes a "Milestone-Based Geothermal Demonstration Program" to provide innovative financing for specific projects. The Secretary of Energy is tasked with creating this program to award financing through a competitive process based on reaching technical and financial milestones.

Yes· 3 of 9

  • Scored +7

    Does this put more money into wind, solar and other renewable power?

    The bill provides innovative financing to accelerate the development of next-generation geothermal energy technologies.

  • Scored +5

    Would business owners be better off under this?

    The bill provides financial support and risk reduction for geothermal project developers and sponsors.

  • Scored +5

    Would Native Americans be better off under this?

    The bill specifically prioritizes geothermal projects located on or near Indian land.

The opposite

No question was scored the opposite.