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News in English (USA) / 31.05.2025 / 20:00

US Accelerates Geothermal Energy Development Amid Energy Expansion Efforts

The Trump Administration has launched a series of initiatives aimed at speeding up the permitting processes for geothermal energy projects, citing national security and energy independence. The Department of the Interior is implementing emergency permitting procedures to fast-track several geothermal developments, allowing for a more expedited review process. Companies like Ormat Technologies are poised to benefit from these changes as three of their projects receive emergency permits. However, while the push for rapid energy project approvals is underway, challenges remain, particularly for pipeline firms grappling with the decision to buy or build new infrastructure. Analysts are concerned that the swift permitting could paradoxically hinder progress in the long run, indicating a complex landscape for energy development in the country.
The White House (.gov), freebeacon.com, E&E News by POLITICO, R Street Institute, Bloomberg Law News, Hart Energy, Marcellus Drilling News, Crude Oil Prices Today | OilPrice.com, MSN