Geothermal growth and DMRE permitting noted; NAC 5.34a rulemaking nearing second hearing
Feb 19, 2026
Division staff reported strong geothermal activity in 2024 (about 6.8 million MWh produced), growing federal lease revenues and heightened permitting; rulemaking on NAC 5.34a (stimulation activity) is pending final LCB comment before an additional public hearing.
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Dustin Holcomb, Fluid Minerals Manager, updated commissioners Feb. 19 on geothermal, dissolved-mineral exploration and oil-and-gas activity. He said Nevada operators produced roughly 6.8 million megawatt-hours in 2024 (about 785 MW average), that recent federal geothermal lease sales generated roughly $9.4 million, and that geothermal permit and well counts rose sharply in the last year (61 permits, 41 wells for geothermal in 2024). Holcomb noted operators have used dissolved mineral resource exploration permits for geothermal-adjacent work but said recent federal executive actions speeding NEPA review may reduce that practice.
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