Recent Articles
Opinion: Draft regulatory framework could boost GT exploration in Europe
Dave Forest writes for oilprice.com: “I’ve received a copy of a new regulation framework for geothermal energy in Europe. Geothermal is still an infant industry. In many countries, governments lack even a basic mechanism for granting licenses on geothermal projects. There just isn’t any legal-work around giving a company rights to hot groundwater. There’s a [...]
Faulker 1 output raised to 26MW
In Nevada, the Faulker 1 geothermal plant is now operating at 26 MW, up from 13 MW with permanent cables installed to Turbine Generator Units One and Three. Nevada Geothermal Power Inc. expects cable repairs to be completed to Unit Two and other electrical equipment on or before March 10, 2010, restoring the plant to [...]
Petratherm gains further European foothold
In Australia, Petratherm has signed a memorandum of understanding (MoU) with Enel Green Power to jointly assess and develop new and existing electricity production projects across the Iberian Peninsula (Spain and Portugal) and the Canary Islands. The MoU also provides for 50/50 cost sharing for direct and external exploration and will establish a separate company [...]
Ormat adding David Wagener to board, sets annual meeting
In Nevada, Ormat Technologies, Inc. has appointed David Wagener of Wagener Capital Management as a new independent member of the board of directors of the company. Wagener is to begin serving on April 1, 2010 to fill the vacancy resulting from the resignation of Jacob J. Worenklein from the board, effective March 31. Wagener will [...]
Indonesia’s GT potential equivalent to 19 billion barrels of oil
In Indonesia, in a presentation on the Hulu Lais geothermal project development, Anna Rufaidat from the Geothermal & Ground Water Development Directorate at the Energy & Mineral Resources Ministry said that the potential of Indonesia’s geothermal energy is 27,710 MW or equivalent to 19 billion barrels of oil. The current installed capacity is 1,189 MW, [...]
GT plant host city defies NGCP demand to shed power load
In the Philippines, geothermal plants continue to operate as a dry spell has diminished the capability of regional hydropower plants to produce power. The lack of water resulted in the National Grid Corp. of the Philippines (NGCP) to implement a load curtailment scheme in mid-February. However, North Cotabato is the home of the Mt. Apo [...]
BLM auctions 17 Utah, four Idaho geothermal parcels
In Utah, the Bureau of Land Management Utah held a geothermal lease sale at the BLM Utah State Office in Salt Lake City in the ever increasing effort to open up more land to geothermal development. Included in the sale were 17 parcels in Utah and ten parcels in Idaho. The BLM sold all 17 [...]
Temperature on target at Paralana EGS project
In Australia, Petratherm Ltd managing director Terry Kallis reported that temperature measurements “have taken significant risk out of the company’s flagship” Paralana 2 EGS project. Measurements extrapolated for 13,000 ft were 190 C and the minimum temperature the company had targeted for the economic development of the resource is 170 C. A continuous logging tool [...]
Opinion: Start-up costs, financing, even earthquakes remain geothermal barriers
From the Vancouver Sun and Reuters, “Technology to generate energy by harnessing the Earth’s inner heat is finally earning respect and looks on track to test ways to expand the industry, thanks to new U.S. government funding. But steep start costs and financing remain barriers, and new geothermal technology to pump cold water into hot [...]
PNOC returns to GT business with Mt. Isarog project
In the Philippines, the Department of Energy awarded a geothermal exploration contract to state-run Philippine National Oil Co., which will spend upwards of $60 million to put up a geothermal power plant on Mt. Isarog, Camarines Sur. PNOC says the project has a potential capacity of at least 20 MW and an 18 gWh of [...]
