Leading news: Industry Growth Ahead, from California to Africa

This post brings you the week’s “Top news for geothermal development and GEA members,” including news from the U.S.-East Africa Geothermal Partnership and GEA membership updates.

First, the graph below comes from the Federal Energy Regulatory Commission’s Office of Energy Projects Energy Infrastructure Update for July 2014. Comparing the cumulative new generation from January to July 2014 (middle column) to the same time period last year, (right-hand column), it appears the geothermal industry is ahead of last year’s performance in terms of new generation. Ken Bossong, Executive Director of the SUN DAY Campaign, noted that renewable sources together accounted for more than half (53.8%) of the 4,758 MW of new U.S. electrical capacity that has come on line this year. “This is not the first time in recent years that all new electrical generating capacity for a given month has come from renewable energy sources,” Bossong said in a statement, “And it is likely to become an ever more frequent occurrence in the months and years ahead.”

NewGen_july2014

Click below to keep reading “This week’s top news for geothermal development and GEA members.”

*Program Summary and Schedule Announced for Power Africa Geothermal Roadshow
*California Bill Headed to Assembly Floor
*GEA Membership Supports Industry Growth
*Arrigo, Dickey, Rickard, and Robertson-Tait Elected to GEA Board of Directors

Program Summary and Schedule Announced for Power Africa Geothermal Roadshow
The Power Africa Geothermal Roadshow will be a targeted tour of US cities and major events that will serve to showcase opportunities for US geothermal developers in East Africa from September 26 to October 4, 2014. The delegation will include Power Africa Coordinator Andrew Herscowitz and other U.S. government officials who have invited government officials from Djibouti, Ethiopia, Kenya, Rwanda, Tanzania and Uganda, as well as public and private project developers to meet with U.S. industry and public officials. The goal of the roadshow is to spur interest among American companies to invest in East Africa’s rich and abundant geothermal resources. The roadshow will foster a greater understanding of the opportunities in East Africa with an emphasis on learning more about market conditions related to legal, policy, regulatory and financial constraints specific to each country in the region.

Each East African government representative will articulate which incentives they have in place, as well as those planned to attract accelerated investment in geothermal related projects. In addition, delegates will explain the procurement process in their respective countries. Private companies that have experience with independent power producer (IPP) investment in the region will showcase their success in East Africa. Roadshow participants will also share their insights regarding the perceived barriers to investment in the region in order to help boost US developer confidence in exploring new projects. Power Africa will support local geothermal developers and government delegates from East Africa to prepare presentations and communication materials directed towards possible US developers.

The Power Africa Geothermal Roadshow will include senior representatives from the following East African organizations:

Kenya
• Geothermal Development Company (GDC)
• Kenya Energy Generating Company (KenGen)
• Ministry of Finance

Ethiopia
• Ethiopian Electric Power (EEP)
• Ministry of Water, Irrigation and Energy

Djibouti
• Ministry of Energy and Natural Resources
• Geothermal Development Agency (ODEGG)
• Djibouti Electric Company (EDD)

Rwanda
• Ministry of Infrastructure
• Electricity, Water and Sanitation Authority (EWASA)

Tanzania
• Ministry of Finance

Uganda
• Department of Geological Survey and Mines

Roadshow Schedule (September 26 – October 4, 2014):

Sept. 26 – 27: Travel and arrival in Portland, Oregon.
Sept. 28 – 30: One-on-one meetings with US geothermal investors and developers in Portland, Oregon around the Geothermal Resources Council (GRC) Annual Meeting and the Geothermal Energy Association (GEA) Geothermal Energy Expo. This is the largest geothermal industry conference in North America. Participation will include speeches, side meetings with private companies and side events to highlight opportunities in East Africa.
Oct. 1: Travel to Reno, Nevada for site visit to geothermal power plant.
Oct. 2 – 3: Arrival in Washington, DC and meetings with Overseas Private Investment Corporation (OPIC), the Export Import Bank of the United States (EXIM) and the U.S. Trade and Development Agency (USTDA) and other U.S. government agencies about US Government financing tools and other resources available under Power Africa. There are plans also for meetings with members of Congress while in Washington, DC.
Oct. 4: Delegates return home.

On June 30, 2013, President Obama launched Power Africa, an innovative private sector-led initiative aimed at doubling electricity access in sub-Saharan Africa, where more than 600 million people currently lack access to electricity. For more information about Power Africa, please visit www.usaid.gov/powerafrica. For more information about the Geothermal Road Show, please contact: Andrew Palmateer, Acting Deputy Director, U.S. – East Africa Geothermal Partnership, apalmateer@usea.org – +1 (202) 312-1286.

California Bill Headed to Assembly Floor
S.B. 1139 is the geothermal procurement bill currently moving through the legislative process in California. The bill has advanced from the Assembly Appropriations Committee and is expected to be put before the full Assembly floor for a vote this month. The State Senate previously passed S.B. 1139, and if it is passed in the Assembly, the Governor is expected to sign into law the requirement for electricity retail sellers to procure a statewide total of 500 MW of geothermal by December 31, 2024. Individual retail sellers will need to procure a proportionate share as determined by the Energy Commission. There are many reasons why this bill has gained support in the state, including the need to replace 2,200 MW from the closed San Onofre nuclear power plant, and the need to act on Salton Sea restoration in Imperial Valley. For the latest text of the bill, see openstates.org/ca.

GEA Membership Supports Industry Growth
As the trade association for geothermal energy, GEA works hard to generate growth for Member companies and the geothermal industry. Members’ support makes possible events such as the recent National Geothermal Summit that bring the industry together. GEA would like to thank the Members and encourage non-members to consider a GEA membership. Benefits include:

  • a listing in GEA’s searchable online Member database with a link to your company Web site
  • discounts for all employees to attend GEA events
  • advance notice of speaking opportunities at GEA events and various other opportunities
  • advance copies of GEA reports
  • eligible to participate on GEA committees
  • eligible to win GEA Honors Awards
  • the “Member Access” section of GEA’s Web site with additional industry resources

Visit www.geo-energy.org. Contact Juliana@geo-energy.org regarding GEA membership.

Arrigo, Dickey, Rickard, and Robertson-Tait Elected to GEA Board of Directors
At the annual membership meeting of the Geothermal Energy Association, held this month in Reno, Nevada, the members of the GEA held an election to choose four members of its Board of Directors. The Board members that were elected for the one-year term beginning October 1, 2014 are: Charles “CJ” Arrigo, Director of Investments for Patagonia Financial; Halley Dickey, Vice President at Industrial Builders; William “Bill” Rickard, President of Geothermal Resource Group; and Ann Robertson-Tait, GeothermEx. For a complete list of the distinguished officers and members of the GEA’s Board of Directors, as well as a complete list of GEA member companies, visit geo-energy.org/membership.

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