Well Told Grants

Federal grant recipients / Texas

Federal grants to Fervo Energy Company

Houston, Texas · Small businesses · UEI NZA8TBGRC8W6

Fervo Energy Company in Houston, Texas received $28.9 million in federal grants from fiscal 2021 to 2025, across 3 awards. Its largest program was Renewable Energy Research and Development, with $22.1 million. In fiscal 2025 more was taken back from its awards than added, a net -$0.

From USAspending.gov award records, updated October 31, 2026.

By year

Federal grants to Fervo Energy Company by fiscal year
Fiscal yearAwardsAmount
FY 20210$0
FY 20221$4.0 million
FY 20230$0
FY 20242$24.9 million
FY 20250-$0

An award funded in several years counts in each of them, so yearly awards add up to more than the five-year total.

Programs that fund Fervo Energy Company

Every program, fiscal 2021 to 2025
ProgramAwardsAmount
Renewable Energy Research and Development 81.0871$22.1 million
Advanced Research Projects Agency - Energy 81.1351$4.0 million
Conservation Research and Development 81.0861$2.9 million

Awarding agencies

AgencyAwardsAmount
Department of Energy3$28.9 million

Largest awards

The 3 largest awards by money obligated in fiscal 2021 to 2025
AwardProgramFirst actionAmount
The goals of this project are to 1) deliver a triplet horizontal well egs system capable of generating at least 5 mw of electric power (the triplet system will be designed as one central horizontal production well offset by two horizontal injection wells), 2) stimulate all three wells with a multist
ASST_NON_DEEE0011277_089 on USAspending
Renewable Energy Research and DevelopmentAugust 30, 2024$22.1 million
Fervo energy company: new open 2021 fully funded cooperative agreement. Control number: 2459-4533 project title: fervoflex: long duration in-reservoir energy storage and load-following, dispatchable geothermal generation fervo energy company proposes to develop and deploy a fiber optics-based diagno
ASST_NON_DEAR0001604_089 on USAspending
Advanced Research Projects Agency - EnergyAugust 22, 2022$4.0 million
Bipartisan infrastructure law (BIL) red rocks dac hub: a geothermal energy-driven direct air capture and sequestrian hub in southwest Utah the red rocks dac hub is a geothermal energy-driven direct air carbon capture and sequestration hub proposed in southwest Utah. Access to reliable, non-variable,
ASST_NON_DEFE0032384_089 on USAspending
Conservation Research and DevelopmentApril 18, 2024$2.9 million

Amounts are net obligations: money committed, minus any amounts taken back. They are not payments. See how our data works.

Questions people ask

How much federal grant money does Fervo Energy Company get?

$28.9 million in 3 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.

Which agency gives Fervo Energy Company the most?

The Department of Energy, with $28.9 million in 3 awards.

What is Fervo Energy Company's largest federal grant?

$22.1 million under Renewable Energy Research and Development, with its first action in the period on August 30, 2024. That counts only the money obligated in fiscal 2021 to 2025.

Which federal programs fund Fervo Energy Company?

Its largest are Renewable Energy Research and Development, Advanced Research Projects Agency - Energy and Conservation Research and Development.

Other grant recipients in Houston

Largest federal grant recipients in Texas · Federal grants in Texas