Renewable Energy Powers Asian Development Bank

Renewable Energy is now powering the Asian Development Bank (ABD). It’s Manila headquarters is now getting 100 percent of its energy from renewable energy including geothermal and solar power. ABD has signed an agreement with AdventEnergy, Inc. Geothermal energy is being delivered from plants in Tiwi in Albay province and Makiling-Banahaw in Laguna province, both of which are on the main Philippine island of Luzon.

Screen Shot 2014-03-04 at 11.35.18 AM“As an institution we are strongly committed to expanding the use of renewable energy across Asia and the Pacific, so it is only fitting that we walk the talk in our own headquarters,” said ADB Vice President Bruce Davis at a ceremony in ADB headquarters. “This agreement will allow us to cut our annual corporate carbon footprint by nearly 50%, with an emission reduction of more than 9,500 tons of CO2 equivalent.”

The supply contract with AdventEnergy will see ADB purchase an average of 1.5 million kilowatt hours (kWh) of electricity a month. This will be supplemented by about 50,000 kWh generated monthly from ADB’s rooftop solar panels. These two sources will meet the entire energy requirements of the headquarters building, where more than 2,600 staff and consultants work each day.

With the switch to renewables, ADB will no longer purchase electricity directly from the Manila Electric Company (Meralco), although it will continue to use the company’s distribution network. The move follows ADB’s decision to take advantage of electricity reforms in the Philippines which allow large users to choose their power supplier.

A ceremony to mark the switchover to full renewable power was the centerpiece of ADB’s second “No Impact Week,” during which staff are encouraged to make work and personal lifestyle changes to reduce their carbon footprint and impact on the environment.

California Geothermal Potential Largely Untapped

geysers_unit_18The Geothermal Energy Association (GEA) has released a new report to coincide with the California Air Resources Board’s (CARB) development of a scoping plan for implementing their climate law AB 32. The report finds that California’s geothermal resources are remain largely untapped.

Geothermal power is “a viable, cost effective, and plentiful renewable energy option to meet California’s climate goals,” GEA told CARB. Utilizing the Golden State’s geothermal resources can help achieve “carbon reductions with the least total cost and highest power system reliability,” GEA reports.

In brief, the status report, Report on the State of Geothermal Energy in California, shows that:

  • Geothermal power generated 4.4% of total system power in California in 2012, but could have generated substantially more.
  • Geothermal power produces some of the lowest life-cycle emissions when compared to almost every other energy technology and even some renewables.
  • Depending on the resource characteristics and plant design, geothermal power plants can be engineered to provide firm and/or flexible power.
  • Even with high upfront capital costs, geothermal power is a competitive renewable energy source.
  • About half of California’s identified geothermal resources are still untapped, and significant resources may remain undiscovered.
  • Geothermal power is key to achieving an expanded renewable power portfolio at the lowest total cost.
  • New technology will reduce geothermal power risks and can expand the supply curve to make more resources commercially available.
  • The Salton Sea Known Geothermal Resource Area (SSKGRA) is considered by many to be the best opportunity for growth in California in the near term.
  • Distributed generation geothermal power and heating projects have potential in a number of areas, but are not eligible for the type of support provided other distributed generation projects.
  • Challenges to growth of utility scale plants include weak demand, inadequate transmission, permitting delays, and a lack of coordinated policies.

DOE Awards $3M for Geothermal Development

Screen Shot 2014-02-05 at 12.28.17 PMThe U.S. Department of Energy (DOE) has announced $3 million to spur geothermal energy development using play fairway analysis. This technique identifies prospective geothermal resources in areas with no obvious surface expression by mapping the most favorable intersections of heat, permeability, and fluid. The technique is commonly used in oil and gas exploration but has of yet, has not been widely used in the geothermal industry. By improving success rates for exploration drilling, this data-mapping tool could help attract investment in geothermal energy projects and significantly lower the costs of geothermal energy.

The U.S. Geological Survey estimates that 30 gigawatts of undiscovered hydrothermal energy potential exist untapped beneath the Earth’s surface – nearly 10 times the current installed capacity of geothermal energy in the United States. One of the keys to tapping this clean resource is reducing the cost and risk of locating it. Play fairway analysis projects could unlock significant geothermal energy resources and accelerate industry-wide adoption of this tool, by quantifying and reducing the risk of exploratory drilling,

The DOE will support one-year collaborative research and development projects, especially in new, unexplored areas, that adapt play fairway analysis to geothermal exploration. These projects selected will focus on using existing geologic and geophysical data to develop maps that identify areas with a higher probability of containing a geothermal resource. The research also seeks to develop a methodology for exploration of geothermal resources in a particular region, or play.

Ormat Completes Kenyan Oklaria III Geothermal Plant

Ormat Technologies has successfully completed construction and reached commercial operation of Plant 3 in the Olkaria III geothermal power plant complex located in Naivasha, Kenya. With Plant 3 online, the complex’s total generation capacity has increased to 110 MW. The power generated by the Olkaria III is sold under a 20-year power purchase agreement (PPA) with Kenya Power and Lighting Company Limited (KPLC).

OLYMPUS DIGITAL CAMERAThe Olkaria III complex was financed with a $310 million debt facility provided by the Overseas Private Investment Corporation (OPIC). In November 2013, Ormat drew down the remaining $45 million available under the project finance debt facility for the completion of Plant 3.

“Olkaria III is a prime example of our multi-stage approach to project development generating higher investment returns and reducing risk,” said Dita Bronicki, chief executive officer of Ormat. “In less than one year, we’ve completed construction of two additional plants and, over the course of five years, more than doubled the facility’s generating capacity.”

Bronicki added, “Due to our operational expertise and innovative technology, we’ve accomplished that growth ahead of schedule resulting in a significant increase in revenues. As we complete this project, we remain committed to support the growing power needs of Kenya with this indigenous, reliable and environmentally friendly source of electricity. Kenya is an important market for our future growth due to its high geothermal potential and we are focusing our efforts on increasing our operation in Kenya.”

First Magma-Enhanced Geothermal System Created

During the Icelandic Deep Drilling (IDDP) project that began in 2009, a borehole drilled at Krafla in northeast Iceland unexpectedly hit magma at 2100 meters with a temperature of 900-1000 Celsius. This borehole was the first of several wells being drilled in search of high-temperature geothermal resources.

IDDP-1 in IcelandFast forward four years later and the efforts of the IDDP project were reported in the January 2014 issue of the International journal of Geothermics. One paper focusing on this project was co-authored by Wilfred Elders, a professor emeritus of geology at the University of California, Riverside, along with several of his Icelandic colleagues.

“Drilling into magma is a very rare occurrence anywhere in the world and this is only the second known instance, the first one, in 2007, being in Hawaii,” Elders explained. “The IDDP, in cooperation with Iceland’s National Power Company, the operator of the Krafla geothermal power plant, decided to investigate the hole further and bear part of the substantial costs involved.”

Once the magma was hit, the team inserted a steel casing in the bottom section closest to the magma and cemented it into the well. The hole was then allowed to heat slowly and eventually allowed to flow superheated steam for the next two years, until July 2012, when it was shut down in order to replace some of the surface equipment.

“In the future, the success of this drilling and research project could lead to a revolution in the energy efficiency of high-temperature geothermal areas worldwide,” Elders said. Continue reading

Ohioans Support Clean Energy

Ohio is voting “yes” for clean energy according to a new poll conducted by Yes for Ohio’s Energy Future. The survey found that Ohioans support the Ohio Jobs Initiative, the Ohio Clean Energy Initiative by a margin of 35 percent (64 percent likely to vote in favor versus 29 percent unlikely). The poll was conducted by Public Policy Polling (PPP), who found during the survey that 55 percent of respondents were not aware of the Jobs Initiative. The proposed policy needs 385,247 signatures by July 4, 2014 to be on the November 2014 ballot to enable Ohioans to vote on the bill.

According to Yes for Ohio’s Energy Future, who backs the initiative, the Jobs Initiative enacts an amendment that would provide $1.3 billion a year for 10 years from state general obligation bond funding in a comprehensive array of areas, including clean energy YES FOR OHIO'S ENERGY FUTURE CLEAN ENERGYindustries and energy-related public infrastructure projects in the areas of solar, wind, hydro, geothermal, biomass, smart grid, along with other technologies. Funding includes research and development, academic and educational development as well as vocational training support.

Beginning in January 2014, the Ohio Energy Initiative Commission (OEIC) will begin accepting a limited number of early project proposals as part of the Fast Start Program; however, funding is limited to one quarter of the annual budget. Early project proposals may be placed on a prioritized list for funding, which is contingent on passage of the Initiative. Eligible categories of applicants include individuals, companies, non-profits, municipalities, and state agencies.

Project proposals for funding will be reviewed by independent reviewers at the OEIC through a simple open, transparent, and publicly-published process that evaluates the technical, economic, financial and environmental merits of each proposal.

Yes for Ohio’s Clean Energy future says the Ohio Clean Energy Initiative mirrors the enormously successful bi-partisan jobs initiative, Ohio Third Frontier, which began in 2002 under Republican Governor Bob Taft and continued under Democratic Governor Ted Strickland. The program is credited with producing 55,000 jobs at an average salary of $65,000 per year and at an overall Return on Investment of 9:1.

World Energy Center Heeds Call for Renewable Energy

The Southern California-based World Energy Center is reporting that it has heeded and exceeded President Obama and Vice President Joe Biden’s call for the use of renewable electricity. The administration has called, as part of its “new energy plan” for America, to develop and use 25 percent renewable electricity by 2025. This will spur clean energy jobs, says the Obama administration as well as reduce greenhouse gases and other sources that lead to climate change.

img_energy-center-mapThe World Energy Center is comprised of more than 30 companies, cities, colleges, participants’ partners and affiliates. Larry Hales with Hales Global Group has been providing consultant business development services and says the World Energy Center is the nation’s leading clean energy nerve center in North America. The Center collaborates with multiple companies to develop the most technological advanced renewable energy projects with the goal of spurring clean energy innovation and creating a commercialization Hub to reduce the cost of clean energy and accelerated its worldwide deployment.

World Energy Center aims to create more new jobs and further economic growth says President and COO, Michael Reich, “With billions being spent on new construction projects, long-term manufacturing, engineering, maintenance and management jobs, ancillary growth and service jobs, manpower will be needed for us to succeed. We need to create green job training facilities, educational programs and a number of diversified renewable energy projects will be brought online.”

The World Energy Center and its collaborative group of partners expect to build out more than 5,000 Megawatts of solar, geothermal, wind, natural gas and other clean energy projects over the next 15 years. Reich said the Center will position the United States as a leader in low cost renewable energy, create tens of thousands of green jobs and educate the next generation of young Americans keeping pace with President Obama’s goal and Energy Secretary Dr. Moniz’s mandate.

Ian Campbell, senior lobbyist with Manchester Associates noted that World Energy Center is extremely efficient at Photovoltaic, PV, converting sunlight into electricity. “We are building on the development of applicable PV affordable solar renewable clean energy which was born in 1979, and today with support from private and public partners, the price of PV systems has fallen in half; however, maintaining such a viable U.S. clean technology industry will require policy makers to advance energy subsidies that will lead to improvements in technology and lower prices.”

2013 Brought Global Growth to Geothermal

This year marks strong global growth for the geothermal industry and is positioned to see greater growth by 2020. In 2013, the Geothermal Energy Association (GEA) identified 70 countries moving forward with nearly 700 geothermal power projects. In 2007, the number was only 46 countries developing or considering geothermal projects. In addition, more U.S. companies are pursuing projects in other countries.

“We are seeing new technology developments move forward and new projects being announced in every region of the world,” said Karl Gawell, Executive Director, Geothermal Energy Association. “Despite slow growth in the United States, the global market continues to gain steam. So, many American geothermal companies are using their industry know-how in friendlier economic and political climates overseas.”

geothermal energy Photo Jennifer BoyerThis year, the industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally. New geothermal power came online in Kenya, New Zealand, Nicaragua, Turkey, and Mexico, as well as Oregon, Nevada and Utah in the United States. New announcements in the U.S., Ethiopia, Kenya, the Caribbean and others have increased the developing resource of geothermal power to about 30,000 MW.

The international geothermal power industry is poised to place between 500 and 1,000 MW on line per year for the rest of the decade. This year new geothermal geologic studies or exploration moved forward in places as diverse as American Samoa, Argentina, Armenia, Australia, Azerbaijan, El Salvador, Ethiopia, Indonesia, Japan, Malaysia, Rwanda, Saudi Arabia, St. Vincent and the Grenadines, Taiwan, Thailand, Uganda, the United States, and Yemen.

Financing was also strong during 2013 with projects announced in Costa Rica, Dominica, Djibouti, Ethiopia, Indonesia, Japan, Kenya, Mexico, Tanzania, and the United States, while projects in drilling and start-of-construction phases made headway in Chile, Germany, Guatemala, Italy, Japan, Montserrat, The Philippines, Rwanda, and Zambia.

Technological advancements were made this year in Enhanced Geothermal Systems (EGS) with successful EGS projects in the U.S. completed by Calpine Corp., Ormat Technologies and AltaRock Energy. Around the world, Australia put its first EGS pilot plant, a 1-MW trial, on line at Habanero, and in Europe, there were EGS advancements in Hungary, the United Kingdom and Switzerland.

At the beginning of 2013, geothermal tax credits were adjusted to qualify projects at the construction stage. Only in the last month of the year have there been signs of change in Washington D.C., with a bipartisan, bicameral budget deal in the Congress and a new clean energy tax proposal by Senate Finance Chair Max Baucus (D-MT).

“The budget deal could open the door to finishing appropriations bills, which could reinvigorate the DOE research program,” Gawell said. “And the Baucus tax paper breathes new life into efforts to establish long-term incentives for geothermal and other clean power technologies.”

DOE Announces $150M in Clean Energy Tax Credits

The U.S. Department of Energy (DOE) has announced $150 million in clean energy tax credits to build U.S. capabilities in clean energy manufacturing. The credits will go towards investments in domestic manufacturing equipment by 12 businesses. Through the Advanced Energy Manufacturing Tax Credit program (48C Program), DOE says these awards will help create thousands of jobs across the country and increase U.S. competitiveness in the global clean energy market.

DOE Energy Secretary Ernest MonizU.S. Secretary of Energy Ernest Moniz announced the 48C Program awards during the Energy Department’s American Energy and Manufacturing Competitiveness Summit, jointly sponsored by the Council on Competitiveness. As part of the Department’s broader Clean Energy Manufacturing Initiative, this summit brings together industry, government, academia and the Department’s national laboratories to address national challenges in manufacturing and energy.

“Cost-effective, efficient manufacturing plays a critical role in continuing U.S. leadership in clean energy innovation, and the tax credits announced today will help reduce carbon pollution from our vehicles and buildings; create new jobs and supply more clean energy projects in the United States and abroad with equipment made in America,” said Energy Secretary Ernest Moniz.

The Departments of Energy and the Treasury worked in partnership to develop, launch, and award the funds for this program. The Advanced Energy Manufacturing Tax Credit authorized Treasury to provide developers with an investment tax credit of 30 percent for the manufacture of particular types of energy equipment. Funded at $2.3 billion, the tax credit was made available to 183 domestic clean energy manufacturing facilities during Phase I of the program. Today’s awards, or Phase II, were launched to utilize $150 million in tax credits that were not used by the previous awardees and support projects that must be placed in service by 2017.

Today’s awards include domestic manufacturing of a wide range of renewable energy and energy efficiency products – from hydropower and wind energy to smart grid technologies to fuel efficient vehicles – and will support thousands of new manufacturing jobs in nine states and dozens of supply chains throughout the United States.

GEA Names Winners of GEA Honors 2013

The Geothermal Energy Association (GEA) has announced the winners for the GEA Honors, which recognize companies and individuals that have made significant contributions during the past year to advancing technology, spurring economic  GEA logodevelopment and protecting the environment. The winners were selected in categories including Technological Advancement, Economic Development and Environmental Stewardship. Now in its third year, GEA also provides special recognition of companies and individuals who have made notable advances and achievements for geothermal energy.

“Even in a challenging environment, our GEA Honors winners represent the best in a growing industry. These geothermal leaders are trailblazers and should be praised for the headway they’re achieving for the entire sector,” said GEA Executive Director Karl Gawell.

Technological Advancement – Awarded for developing a new, innovative or pioneering technology to further geothermal development: U.S. Geothermal’s 22 MW Neal Hot Springs Geothermal Power Plant:

Economic Development – Awarded for making a substantial contribution to the development of local, regional or national markets through the development of geothermal systems: GeothermEx.

Environmental Stewardship – Awarded for fostering outstanding environmental stewardship through the use of geothermal systems. This award is presented in conjunction with the Environmental and Energy Study Institute (EESI) to  Dale Merrick, Canby Geothermal.

Special Recognition – The Special Recognition Award is presented to individuals or companies for their outstanding achievement in the geothermal industry. GEA wishes to recognize the following individuals and organizations for their outstanding work and support for geothermal energy during the past year:

  • Katherine Young and her team at NREL for their work on the Geothermal Regulatory Roadmapping effort;
  • Steamboat Hot Springs Healing Center in Reno Nevada;
  • Authors Magnus Gehringer and Victor Loksha of the World Bank for the ESMAP Geothermal Handbook; and
  • Cornell Team Erin Riley Camp, Sean Hillson and Jeff Tester for their help on GEA’s analysis efforts, particularly the Geothermal Externalities Paper.

GEA also recognized companies that have worked to bring new geothermal power on-line in the United States this year:

  • Ormat for the expected completion of the new Don A. Campbell (formerly named Wild Rose) geothermal power plant.
  • ENEL Green Power North America and Ormat for completing construction of the new Cove Fort power plant in Utah.
  • Surprise Valley Electric Cooperative for their 3MW power plant in Oregon, which is expected to be on-line in early 2014.
  • Gradient Resources’ Patua Geothermal Project:

McGinness Hills Geothermal Project Expands

Ormat Technologies has announced that a key milestone was reached in the 30MW expansion of the McGinness Hills geothermal plant complex located in Lander County, Nevada. NV Energy and Ormat signed an amendment to the existing McGinness Hills power purchase agreement (PPA) allowing Ormat to sell 63.7 MW (net average annual capacity) from the complex. Under the amendment, a new energy rate of $85.58/MWh with a 1 percent annual escalator will be set for the entire complex once Phase II enters commercial operation. The amendment is subject to approval by the Public Utilities Commission of Nevada.

Ormat's McGinness Hill geothermal plant“The favorable performance of the reservoir and the PPA amendment give Ormat the ability to further expand this geothermal site,” explained Yoram Bronicki, president and chief operating officer at Ormat.

“Phase I of our McGinness Hills geothermal power plant has been in commercial operation since June 2012 and the strength of the reservoir allowed the power plant to consistently produce more energy than what was contracted in the original PPA. We are eager to continue development at the site which we hope to complete in mid-2015, as wellas our work with NV Energy to deliver more clean, renewable power to Nevada,” concluded Bronicki.

The McGinness Hills power plant received favorable project financing terms from the Department of Energy’s loan guarantee program under section 1705. The proposed expansion was approved by the lenders, John Hancock Life Insurance Company and the U.S. Department of Energy, and is covered under the existing financing structure. The economics of the expanded power plant and the potential availability of government incentives for projects that start construction before the end of 2013 enabled Ormat to provide a reduced power price to electricity customers in Nevada.

New Report Highlights the Power of Geothermal

The Geothermal Energy Association (GEA) and Geothermal Resources Council (GRC) have released a new joint report, “The Values of Geothermal Energy: A Discussion of the Benefits of Geothermal Power Provides to the Future of U.S. Power System“. The report addresses the role geothermal energy can play in states with Renewable Portfolio Standards (RPS) or Renewable Electricity Standards (RES) who are considering the full value of the power sources they use.

The Value of Geothermal ReportThe report was prepared by Ben Matek, GEA’s Industry Analyst, and Brian Schmidt, Librarian, GRC, and documents the many benefits of geothermal power.

“Geothermal power offers both firm and flexible solutions to the changing U.S. power system by providing a range of services including but not limited to baseload, regulation, load following or energy imbalance, spinning reserve, non-spinning reserve, and replacement or supplemental reserve,” the report begins.

Looking beyond the benefits to the power system, the report also summarizes other key benefits of geothermal power including economic and environmental benefits. “We are often asked about the full range of services and benefits available from geothermal,” Matek said. “So, we decided to join with GRC and put out a white paper that addresses these questions.”

“This is a timely report,” added Karl Gawell, GEA’s Executive Director. “The California PUC recently noted active questions before policy makers in California and elsewhere, specifically: ‘how increasing amounts of intermittent generation are impacting grid reliability, quantifying the impact and benefits of various resources to integrate intermittent generation, and what new policies should be adopted to manage the changing electric grid.’”

As the report indicates, these questions are gaining in importance as the United States expands its renewable power production, which today means “generating approximately 14% of the electricity” nationwide. Much of this is coming from wind and solar photovoltaic technologies that rely heavily on the prevailing weather conditions in order to generate power. However, the report note that “Geothermal energy is a renewable power source that can provide baseload and flexible power, quickly adjusting to fit the needs set by variable renewable energy technologies.

Strong Optimism for Geothermal Globally

Craig Mataczynski President GEAThe GRC Annual Meeting & GEA Geothermal Energy Expo hosted nearly 2,000 delegates in Las Vegas, Nevada for an event that featured the latest technologies in geothermal, and frank discussions on opportunities and challenges internationally as well as within the United States. Optimism was felt throughout the conference and was underscored by the release of Geothermal Energy Association’s (GEA) release of a report featuring more than 700 global geothermal projects.

“Each year, the GEA brings together the geothermal business community from all around the world at its EXPO,” noted GEA Executive Director Karl Gawell. “The sense from the industry was strong optimism for sustained growth in the global market despite lagging U.S. markets, and hope that as the United States works to meet higher state RPS requirements and new climate change goals the value of geothermal will be recognized which will spur growth.”

The report released prior to the event estimated that projects in the pipeline would more than double current worldwide capacity from the 12,000 Megawatts (MW) expected to be on-line by year’s end, and beyond that “developers are actively engaged with 27,000 MW of geothermal resource globally.”

In the U.S., GEA pointed out that as the percentage of electricity produced from intermittent sources increases, the stress on an aging power system designed for fossil fuels encourages geothermal’s continuing role as an important part of the power supply mix.

“The market will turn around as geothermal’s full value to the grid is recognized,” Gawell said. “Its baseload capacity makes it valuable for replacing retiring fossil fuel facilities, and its ability to provide flexible support will add to power system reliability.”

This year’s gathering incorporated a wide range of activities supporting U.S. companies working in the international market. Both the U.S. Trade and Development Agency and the U.S. Agency for International Development supported delegations from Turkey and East Africa, respectively. Presentations in the EXPO hall featured delegates from several countries seeking to develop their geothermal power potential. GEA also held a standing room only dialogue with U.S. companies discussing how to expand U.S. exports of goods and services in key world markets.

A wide range of technology was on display at the GEA Geothermal Energy Expo, which featured 125 booths. EXPO booths highlighted the latest in technology to support today’s power projects and tomorrow’s “enhanced geothermal system” developments.

At the event, GEA also held its annual members meeting and elected a new President for the Association. Craig Mataczynski, President and CEO of Gradient Resources, was elected as GEA’s President. Speaking in the Opening Session of the event, Mataczynski laid out a bold new vision for the industry: “to contribute in excess of 5% of the electric energy needs in the United States and globally.”

GEA Announces Finalists for GEA Honors

The Geothermal Energy Association (GEA) has announced the finalists for the GEA Honors, which recognize companies and individuals that have made significant contributions during the past year to advancing technology, spurring economic development and protecting the environment. Now in its third year, GEA also provides special recognition of companies and individuals who have made notable advances and achievements for geothermal energy.

gea_logo“This diverse group of honorees is leading the development, financing and implementation of geothermal energy both within and outside the United States,” said GEA Executive Director Karl Gawell. “It takes a community of stakeholders to develop and operate a renewable, sustainable energy source. We at GEA are pleased to honor these companies and individuals for their contributions to this growing industry.”

GEA has named the finalists for GEA Honors in the following categories: Technological Advancement, Economic Development and Environmental Stewardship. GEA will announce a final winner in each category in December. Additionally, GEA will award the Special Recognition award to GEA or non-member companies or individuals making significant contributions to the geothermal energy industry.

Technological Advancement is awarded to an individual or company that has developed a new, innovative, or pioneering technology to further geothermal development. Finalists include: AltaRock Energy, SPX Heat Transfer LLC, and U.S. Geothermal’s 22 MW Neal Hot Springs Geothermal Power Plant.

Economic Development is awarded to an individual or company that has made a substantial contribution to the development of local, regional or national markets through the development of geothermal systems. Finalists include: GGE Chile and GeothermEx.

Environmental Stewardship is awarded to an individual or company that has fostered outstanding environmental stewardship through the use of geothermal systems. This award will be presented in conjunction with the Environmental and Energy Study Institute (EESI).  Finalist is Dale Merrick with Canby Geothermal.

The Special Recognition Award is open to individuals or companies either within the GEA membership or beyond for outstanding achievement in the geothermal industry. This award will be announced later this year when the winners in the categories above are announced.

Click here for more information about the finalists.

Ormat to Build Geothermal Project in Indonesia

President Obama’s U.S. Asia Pacific Comprehensive Energy Partnership (USACEP) is encouraging U.S. companies to develop renewable energy in South East Asian countries and Ormat Technologies has heeded the call. The company has signed an agreement for the development of the Hu’u Dompu geothermal project in Indonesia. The agreement was signed in the presence of Penny Pritzker, Secretary of Commerce for the U.S. Department of Commerce.

ormatOrmat will develop the project through the project company Pacific Geo Energy (PAGE). The Hu’u Dompu greenfield geothermal project is located in West Nusa Tenggara Province on Indonesia’s Sumbawa Island, and may be developed for up to 60 megawatts (MW) in three phases over the next six years.

“President Obama has made it very clear that the United States is deeply committed to deepening our commercial and economic ties in the Asia-Pacific. Part of increasing our engagement in the region will be achieved as U.S. and Asian businesses work together on projects that benefit both of our economies,” said U.S. Secretary of Commerce Penny Pritzker. “A joint project like this represents a clear win-win for our bilateral commercial relationship with Indonesia, and demonstrates the opportunities that exist in the world’s fastest-growing region for U.S. companies to not only sell their goods and services but share their expertise and drive development in high-priority areas like clean energy.”

Ormat says the Hu’u Dompu geothermal project will benefit from their phased approach to greenfield development, unique exploration tools developed in the U.S., flexible power plant technology, operational experience and knowledge base provided by the U.S. subsurface industry.

Dita Bronicki, chief executive officer of Ormat added, “As the first greenfield development for Ormat in Indonesia, we are pleased with the opportunity that this project presents. Together with our new local partners and the support from U.S. and international sources, we’re hopeful that this prospect will be a successful source of renewable sustainable and affordable energy to Sumbawa Island.”

Under the terms of the agreement with the initial developers, Ormat will hold a 90 percent stake in the project, while the remaining 10 percent will be held by the current owners of PAGE, PT Trimatra Energy and PT Bima Transindo Persada. PAGE obtained the geothermal license for the project, which entitles it to a power purchase agreement price of CENT9.65/kWh.