Directs the Department of Energy to fund research, demonstration, and commercial projects for next-generation geothermal systems, including supercritical geothermal, and authorizes $150,000,000 per fiscal year from 2027 through 2031 for that work.

• Authorizes $150,000,000 for each of fiscal years 2027 through 2031, drawn from amounts for the Office of Energy Efficiency and Renewable Energy.
• Creates a next-generation geothermal program in the Geothermal Technologies Office, with focus areas such as well completion, drilling, and sensor development, and authorizes grants for a center of excellence and commercial-readiness projects with a federal cost share of no more than 80 percent.
• Requires the Energy and Interior departments to enter a memorandum of understanding to share subsurface data, and has Interior study supercritical site selection and drill exploration boreholes in representative geological provinces, including U.S. territories.
• Requires the U.S. Geological Survey to update the geothermal resource assessment every four years, with the first update due within two years, and requires a report on water use by next-generation geothermal systems within five years.

• Natural Resources Committee (House)
• Science, Space, and Technology Committee (House)
• Energy and Natural Resources Committee (Senate)

Energy