Wedoany.com Report-Apr. 14, On April 9, 2025, the Utah state office of the Bureau of Land Management (BLM) held a competitive geothermal lease sale in Utah, raising over $5.6 million through high bids. The event highlighted Utah’s significant geothermal potential and supported the growth of renewable energy in the western United States.
The field research facility of Utah FORGE near Milford, Utah
The sale included 19 parcels covering 32,527 acres in Beaver and Millard counties. Every parcel attracted bids, showing strong interest from industry participants. Beaver County led with nearly $5.2 million in bids for just under 21,000 acres, with per-acre bids ranging from $10 to $401, reflecting robust demand for the region’s geothermal resources.
Gregory Sheehan, BLM Utah State Director, said: “This geothermal lease sale underscores the BLM’s commitment to responsibly developing renewable energy sources on public lands. Geothermal energy is key to our clean energy future, and this sale demonstrates that Utah remains an attractive destination for investment in low-emission baseload power.”
Authorized under the Energy Policy Act of 2005, the lease sale aligns with efforts to promote geothermal development on federal lands. Revenue generated is shared with Utah and its counties, supporting local infrastructure and community services.
All leases include standard BLM protections for natural and cultural resources, such as sensitive wildlife habitats and recreational areas. Successful bidders must complete additional environmental assessments before starting exploration or development, ensuring responsible resource use.
Utah’s geology and energy infrastructure make it a prime location for geothermal projects. This sale advances sustainable energy production and reinforces geothermal’s role as a reliable, low-emission energy source. It also signals growing market confidence in geothermal development and its potential for both electricity generation and direct-use applications.
The lease sale fosters collaboration between public agencies and private developers, unlocking new opportunities for geothermal projects. By offering access to promising areas, the BLM supports innovation in clean energy while balancing environmental stewardship and community benefits. This milestone strengthens Utah’s position as a leader in renewable energy development.
