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DOE Announces $171 Million For Geothermal Expansion
DOE Announces $171 Million For Geothermal Expansion
The DOE released a Notice of Funding Opportunity offering up to $171.5 million for next-generation geothermal field tests and resource exploration.
The program targets field-scale demonstrations of enhanced geothermal systems (EGS) for electricity generation, along with drilling to characterize and confirm hydrothermal and next-gen prospects nationwide.
The funding splits into two initial open topics: up to $100 million for EGS field tests and $71.5 million for exploratory drilling. Letters of intent are due March 27, with full applications due April 30. The move directly supports...
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Jun 11, 2026 / Tyler Durden
ECB Hikes Rates For First Time Since 2023 (As Expected); Cuts Growth, Hikes Inflation Outlook
ECB Hikes Rates For First Time Since 2023 (As Expected); Cuts Growth, Hikes Inflation Outlook
As fully expected, The ECB hiked its key rate by 25bps (for the first time since 2023) as the policymakers battle with the dilemma of economic weakness combined with rising inflation.
Obviously, raising rates to dampen inflation could further slow the economy, while easing rates to support growth increases the risk that higher inflation becomes persistent.
Clearly, Lagarde et al went with the former with its well-jawboned baseline having long been a hike in June with risks skewed toward...
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Jun 10, 2026 / Tyler Durden
Trump 'May Keep Going' With Strikes As Iran Took 'Too Long' To Negotiate Deal, Must 'Pay The Price'
Trump 'May Keep Going' With Strikes As Iran Took 'Too Long' To Negotiate Deal, Must 'Pay The Price'
Summary
Trump tells Fox he "may keep going" with strikes.
Trump says Iran took too long to negotiate, and now "will have to pay the price".
Tehran claims prior night attacks in Kuwait, Bahrain and Jordan as fulfilment of its previously vowed 'retaliation' - targeted the Fifth Fleet headquarters in Manama, footage shows.
Iran again signals it could cut off all indirect talks & any negotiations, says it is 'reviewing' US talks after latest exchange of missiles.
US...
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Apr 10, 2026 / Tyler Durden
"We're Really In Uncharted Territory..."
"We're Really In Uncharted Territory..."
Authored by James Howard Kunstler,
Games Nations Play
“I am sick of serving in Congress with immoral freaks who abuse their office and bring dishonor to the institution.”
- Rep Anna Paulina Luna
You have entered the season of chaos. Better get used to it. The center quit holding a long time ago, and now even the margins are quivering. Buckle up and batten down. It will probably get rougher and weirder. Struggle is everywhere.
Iran Declares Victory
Will Iran reopen Hormuz or not? They really only have days to stop...
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