What US Geothermal Steam Act of 1970 (30 U.S.C. Chapter 23): Federal Geothermal Resource Leasing requires
The Geothermal Steam Act of 1970, codified at 30 U.S.C. Chapter 23 (sections 1001 through 1028), authorizes the Secretary of the Interior to lease federal lands for the development and use of geothermal steam and associated geothermal resources, and is administered by the Bureau of Land Management. Section 1001 defines geothermal steam and associated geothermal resources, byproducts, and known geothermal resources areas. Section 1002 identifies the lands subject to geothermal leasing, and section 1003 sets the leasing procedures, including competitive and noncompetitive leasing. Section 1004 governs the rents and royalties payable to the United States, including a royalty on the amount or value of production. Section 1005 sets the lease term and the work commitment and diligence requirements, and section 1007 provides for the readjustment of lease terms and conditions. Section 1009 provides for the relinquishment of geothermal rights, and section 1011 provides for the termination of leases for failure to comply with the Act, a lease term, or a regulation, after notice and an opportunity to cure. Late payment of rental carries a penalty assessment. The Act is the foundational statute for geothermal resource development on federal lands.
Pillar: Energy & Utilities · Authority: U.S. Congress / Department of the Interior - Bureau of Land Management · Version: 1.0.0 · Last updated:
Primary source: https://www.govinfo.gov/content/pkg/USCODE-2022-title30/html/USCODE-2022-title30-chap23.htm
SHA-256 integrity: 9919fb4def67b9c2d305f7b17bdd5bd4218940b50d3a44e2ac429660bd3b3af2
Primary Citations — 8 traced to source
- Geothermal Steam Act of 1970, 30 U.S.C. 1001 - definitions.
- Geothermal Steam Act of 1970, 30 U.S.C. 1002 - lands subject to geothermal leasing.
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