Pacific POWER Act aims to boost geothermal energy development in the Indo-Pacific.
The Pacific Promotion of Workable Energy Resources Act, or Pacific POWER Act, seeks to advance geothermal energy in the Indo-Pacific region. The bill authorizes the Secretary of State to establish an International Geothermal Program, focusing on collaboration with allies and partners. Key provisions include developing risk-sharing mechanisms, creating financial incentives, and identifying export opportunities for U.S. companies. The act also mandates the creation of an advisory group to engage with the private sector and nonprofits.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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