SANTA FE, N.M. – In support of the Biden-Harris administration's goal of creating a carbon pollution-free power sector by 2035, the Bureau of Land Management New Mexico State Office will hold a virtual competitive geothermal lease sale on Dec. 5, 2024, offering seven parcels totaling 4,467.77 acres in Doña Ana County.
"The BLM manages vast stretches of public land that have the potential to make significant contributions to the nation's renewable energy portfolio," said BLM New Mexico Deputy State Director for Minerals Michael Gibson. "In coordination with experts, the BLM is diligently working to expand development of renewable energy resources such as wind, solar, and geothermal where appropriate on public lands."
BLM issues competitive geothermal leases for an initial 10-year period. The leases are a contract that allows the lessee to explore and develop any potential geothermal resource. The leases may be extended if the lessee establishes production or provides proof of diligent exploration. Additional environmental review will take place before any future exploration or development takes place, which may include site-specific stipulations in addition to the general stipulations attached to the lease at the time of sale.
For each parcel leased, 50% of the bid, rental receipts, and subsequent royalties go to the State of New Mexico, an additional 25% goes to Doña Ana County, and the remaining 25% goes to the U.S. Treasury. The lease sale will be held online at www.energynet.com.
