Eavor Technologies Inc., an advanced geothermal technology company and global leader in geothermal energy solutions, welcomed the announcement of Senator Mike Lee (R-UT) as the new Chair and Senator Martin Heinrich (D-NM) as the new Ranking Member of the Senate Energy and Natural Resources (ENR) Committee. Both senators are leaders in supporting geothermal energy and key sponsors of the Geothermal Energy Optimization (GEO) Act of 2024, a bipartisan bill designed to streamline the permitting process and accelerate geothermal energy development.
“We are excited to see Senators Lee and Heinrich take on these pivotal leadership roles,” said Jeanine Vany, Eavor co-founder and executive vice president of corporate affairs. “As champions of geothermal innovation, their bipartisan support for geothermal legislation is vital to unlocking the full potential of geothermal energy. We look forward to working with them to continue to find ways to level the playing field for geothermal as a core component of the energy transition, grid resilience, and energy autonomy.”
The GEO Act would establish permitting parity for geothermal technologies, create a dedicated Geothermal Ombudsman to aid in project development, and increase geothermal leasing on federal lands to fast-track growth in the industry. The Energy Permitting Reform Act of 2024, introduced by Senators Joe Manchin (D-WV) and John Barrasso (R-WY), incorporates key provisions of the GEO Act.
