Senator Reid - Nevada As "Saudi Arabia of Geothermal Energy"
"Of all the 'mainstream' forms of renewable energy, it seems that geothermal power is always left in the shadows compared to solar and wind power. However, that looks set to change with news that the US Department of Energy will fund geothermal projects in northwestern Nevada and southeast Oregon. With funds from the American Reinvestment and Recovery Act, the DOE has stated a 'conditional commitment' to provide a partial guarantee for a rumored $98.5 million loan to the Nevada Geothermal Power Company (NGP). According to US Senator Harry Reid, 'Northern Nevada is the Saudi Arabia of geothermal energy.'" - /. Also see
Just $3.3 billion* in R&D spending could propel geothermal energy to be the cheapest energy technology, even beating fossil fuels on a cost-per-kilowatt-hour basis