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H.R. 8437, the Geo POWER Act, advanced out of committee on July 21, 2026.

H.R. 8437 — Geo POWER Act

Renewable Energy

What it does

This bill establishes a federal program to fund geothermal energy demonstration projects in regions where geothermal power is currently absent or underdeveloped, using milestone-based financing to reduce upfront costs and risk. The Department of Energy will award competitive grants to projects that generate public data on new geothermal resources, prioritizing projects on or near tribal lands and those with potential for 30+ megawatts of capacity, with requirements to fund at least 3 different projects across at least 3 different states.

Quorum's transparency scan gave Geo POWER Act a moderate transparency flag.

What happens next

H.R. 8437 advanced out of committee. Next stop: a floor vote.

Who is behind it

Filed by Nicholas Begich. Cosponsored by Andrea Salinas, Celeste Maloy, George Whitesides and Pablo José Hernández Rivera.

Correlative observation from public records — not evidence of coordination or wrongdoing, and not financial advice.
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SOURCE: CONGRESS.GOV BILL TEXT · QUORUM BILL TRANSPARENCY ANALYSIS

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