Massive U.S. geothermal lease sale draws few bids

The sale was by far the federal government’s largest offering of geothermal energy leases by acreage in recent years, with 142 parcels on 384,369.6 acres available for auction. According to energy marketplace EnergyNet, which conducted the online sale, 37 parcels representing 102,402.85 acres received bids for a total of $426,900. The sale, overseen by the U.S. Bureau of Land Management, was part of the Trump administration’s “energy dominance” agenda to open up more federal land to all forms of energy production.

Source: yahoo.com/news