Geothermal Gearing up for SLC, NV Passes Leg to Increase RPS, New Geo for L.A., and more

Leading Stories, Releases, Solicitations

  • Geothermal Community Gearing Up For Salt Lake Events
  • Nevada Passes Legislation to Increase RPS to 40% – Geothermal, Wind and Solar Groups Join Together to Urge Nevada Governor to Sign Legislation
  • New Geothermal Project Helps Create Clean Energy Future for Los Angeles
  • Ormat Secures First Portfolio PPA for 150 MW of Geothermal Capacity with SCPPA
  • Turawell Kft signs Agreement with Erste Bank Hungary on Project Financing for the first Geothermal Power Plant in Hungary
  • Mexican Ministry of Energy awards three geothermal exploration permits: a key step forward for ENGIE and Reykjavik Geothermal
  • Rosgeologiya and Copelouzos Group agreed to jointly develop a geothermal project in nothern Greece
  • Trump Pulls U.S. Out of Paris Climate Accord:
  • Trump Calls for U.S. Exit from Paris Agreement; Alliance of Cities, States, and Industries Oppose Move
  • Geothermal Engineering Ltd launch Tender for micro-seismic monitoring system in Cornwall
  • GEMex Stakeholder Board – Call for interest
  • Financing for geothermal exploration of Turkey’s Dikili area
  • Senate Committee Advances Nominees for Interior, Energy, and FERC
  • EIA Issues Short-Term Energy Outlook

·         Geothermal technology takes a giant leap forward in Washington [State]

  • U.S. Geothermal Inc. to Present at the 2017 Marcum Microcap Conference
  • BLM completes Environmental Assessment for Mineral County Geothermal Lease Sale

 

Headlines

 

Leading Stories, Releases, Solicitations

 

Geothermal Community Gearing Up For Salt Lake Events

GEA is gearing up for its 2017 GEOEXPO+, which is less than 4 months away! The GEOEXPO+  (http://geothermalexpo.org/) co-held with the GRC Annual Meeting, (https://geothermal.org/) is being held October 1-4 in Salt Lake City, UT, and annually convenes roughly 1,200 top energy, finance, ministry, embassy, agency, technology, academic, and policy experts. Both organizations are expecting a great turnout for the event with invitations submitted to top leaders in Utah and the western states for it’s opening plenary session, more paper submissions for the technical sessions than have been seen in years, and the geothermal industry trade hall selling fast. Exhibit space (http://geothermalexpo.org/index.php/book-your-space/) is still available and GEA members (http://geo-energy.org/become_member.aspx) receive significant discounts to attend and exhibit. Sponsorship opportunities (http://geothermalexpo.org/index.php/sponsor/) are also available. With any questions about the upcoming event, please contact Kathy Kent Schott at Kathy@geo-energy.org.

 

Nevada Passes Legislation to Increase RPS to 40% – Geothermal, Wind and Solar Groups Join Together to Urge Nevada Governor to Sign Legislation

AWEA, SEIA and GEA’s leaders joined together in a letter urging Governor Sandoval “to support in increasing the state’s renewable portfolio standard (RPS) to 40 percent by 2030 as proposed in AB206.”

“We stress that your signature on raising the standard will affirm the state’s position as a national clean energy leader, and attract billions in new investment to the state – in addition to reliability and consumer savings benefits that flow from a diverse energy portfolio,” they said to the Governor.

The legislation would increase the state’s RPS requirement from 25% in 2025 to 40% by 2040.  According to Greentech Media, “Notable amendments include setting an interim target of 32 percent by 2030, identifying energy storage as a qualified technology to meet 10 percent of the renewable portfolio standard (RPS) by 2030, applying a multiplier of 1.5 to geothermal resources, applying a multiplier of 2.0 to energy storage resources…”

At time of publication press reports had the Governor still considering whether or not to sign the bill.

For more info: https://www.google.com/amp/s/www.greentechmedia.com/amp/article/nevada-senate-boosts-renewable-target-to-40-by-2030-overcoming-casino-oppo

 

New Geothermal Project Helps Create Clean Energy Future for Los Angeles

Project Provides Around-the-Clock Renewable Energy for 208,000 Homes; Reduces Greenhouse Gas Emissions Equivalent to Taking 135,000 Cars off the Road

LOS ANGELES — In another step toward creating a clean energy future for Los Angeles, the Los Angeles Department of Water and Power (LADWP) has entered a new 26-year power sales agreement for renewable geothermal power that will provide enough clean energy to serve 208,000 Los Angeles homes and avoid producing 701,000 metric tons of greenhouse gas emissions each year, which is roughly equivalent to removing 135,000 gas-fueled cars off the road.

Approved by the City Council May 16, 2017 and signed by Mayor Eric Garcetti May 19, 2017, the agreement with the Southern California Public Power Authority (SCPPA) will provide Los Angeles with about 150 megawatts (MW) of clean, around-the-clock renewable energy from the Northern Nevada Geothermal Portfolio Project, which will be developed by ONGP LLC, a subsidiary company of Ormat Technologies, Inc. based in Reno, Nevada.

“I promised Angelenos we would kick L.A.’s dependence on coal, and projects like this are exactly how we’ll do it,” said Mayor Eric Garcetti. “Washington may be burying its head in the sand — but by embracing geothermal energy and other renewables, we’re showing that cities can, and will, continue to lead the fight against climate change.”

“Unlike wind and solar, which only generate power when the wind is blowing or the sun is shining, a geothermal plant produces energy continuously, so we can rely on it for base-load renewable power, 24/7,” LADWP General Manager David Wright said. “This makes it an ideal renewable energy as part of our replacement of coal and other fossil fuel generation.”

Under the agreement, LADWP will receive the full output of geothermal energy from the facility over 26 years. The project will encompass a portfolio of geothermal facilities that will be brought on line over three development periods. The first facility is expected to provide 24 MW of power by December 31, 2017, and subsequent development will bring the remainder in commercial operation by December 31, 2022.

In addition to producing fossil free power, geothermal energy offers many desirable benefits. Because it can provide continuous energy generation, a geothermal plant is expected to produce power at 95 percent or more of its capacity year-round – a higher capacity than the wind or solar renewable energy resources. With its baseload predictability, geothermal energy also saves on transmission and other integration costs, as compared to variable renewables like wind and solar power.

LADWP has been steadily building a diverse renewable energy portfolio of wind, solar and base-load renewable power such as geothermal. LADWP has achieved an estimated 29 percent of its power sales from renewable energy so far in 2017, and anticipates supplying 38 percent renewable resources by 2020 and 55 percent by 2030. The geothermal energy purchased from the Northern Nevada Geothermal Portfolio Project will represent 5 percent of LADWP’s renewable energy goals.

“This agreement for geothermal power is key for LADWP to build a balanced renewable portfolio and help LADWP making the transition away from coal power while maintaining a reliable power supply for Los Angeles,” said Reiko Kerr, Senior Assistant General Manager – Power System Engineering, Planning, and Technical Services.

http://www.ladwpnews.com/go/doc/1475/2922762/

 

Ormat Secures First Portfolio PPA for 150 MW of Geothermal Capacity with SCPPA

PPA covers both New Projects and Re-contracting of Existing Power Plants

RENO, Nev. June 1, 2017 – Ormat Technologies, Inc. ( NYSE: ORA) today announced receipt of the final approval required for the execution of a Power Purchase Agreement (PPA) between ONGP LLC, a subsidiary of the Company, and Southern California Public Power Authority (SCPPA). Under the PPA, SCPPA will purchase 150MW of power generated by a portfolio of the Company’s new and existing geothermal power plants. SCPPA will resell the entire output to the Los Angeles Department of Water and Power (LADWP).

Energy deliveries under the portfolio PPA are expected to start in the fourth quarter of 2017 and the entire portfolio is expected to be on line by the end of 2022. The portfolio PPA contract capacity is 150 MW, with a minimum capacity of 135 MW and maximum potential capacity of 185 MW. The portfolio PPA is for a term of approximately 26 years, expiring in December 31, 2043 and has a fixed price of $75.50 per MWh.

The portfolio PPA covers nine primary facilities, including Tungsten Mountain, and Dixie Meadows, new projects currently under construction or development by the Company, as well as Steamboat Hills, Brady and Steamboat 2&3, existing geothermal power plants that will commence deliveries to SCPPA once their current PPAs terminate. The portfolio PPA also covers sixteen secondary facilities, including McGinness Hills Phase 3, that could be used to replace or supplement the primary facilities. The parties expect to execute the portfolio PPA in the coming weeks.

Isaac Angel, CEO of Ormat Technologies said, “We are very excited to receive the final approval for this first portfolio PPA, which has a unique structure supporting Ormat’s long-term plans to grow our geothermal business domestically. This PPA will enable both the development of multiple new projects as well as the sustainable operation of several of our existing geothermal power plants, thereby strengthening our ability to deliver long-term growth. We are delighted to be chosen for the sixth time by SCPPA and greatly appreciate their confidence in Ormat. SCPPA’s and LADWP’s commitment to a diversified portfolio of renewable energy with geothermal resources will guarantee long term reliable and cost-effective power for LADWP’s customers.”

“The Los Angeles Department of Water and Power is committed to supplying our customers with renewable energy, and this PPA adds baseload geothermal power to LA’s sustainable power portfolio,” Reiko Kerr, LADWP’s Senior Assistant General Manager of Power Systems said. “We are proud to partner with Ormat Technologies and SCPPA to further increase LADWP’s diverse renewable portfolio efforts.”

http://www.ormat.com/news/latest-items/ormat-secures-first-portfolio-ppa-150-mw-geothermal-capacity-scppa

 

Turawell Kft signs Agreement with Erste Bank Hungary on Project Financing for the first Geothermal Power Plant in Hungary

Budapest, Hungary, 08 May 2017 –  Turawell Kft a project company owned 51% by KS Orka Renewables Pte Ltd of Singapore (KS ORKA) and 49% by the Hungarian Entrepreneurs Mr Miszori Laszlo and Mr Szanto Laszlo, has signed an agreement with Erste Bank Hungary on a project financing for the its first Geothermal Power Plant in Hungary.

The Power Plant is a combined heat and power plant CHPP that produces 3 MW of clean electricity and 7 MWth of geothermal heat for house heating.  The energy is renewable clean energy with its origin in the geothermal heat from the ground and is built up in a sustainable way where the geothermal fluids are returned to the ground after utilizing the heat.

Eirikur Bragason, KS ORKA’s CEO, said, “KS Orka is prioritizing investments in geothermal power plants in Asia and in Europe and aims to build up further 400 MW of combined heat and power plants in Europe over the next three years.”

As Mr. Richard Szabados – Head of Corporate Division  – emphasized: “Erste Bank aims to support the growth of renewable energy investments in Hungary with its Energy Efficiency and Renewables Financing Programme (EERP). Main focuses of the Financing Programme are renewable energy (geothermal and solar) and energy efficiency investments.

KS Orka is a joint venture between Hugar Orka ehf, an Icelandic company and Zhejiang Kaishan Compressor Co., Ltd (Kaishan), which is listed on the Shenzhen stock exchange. KS Orka combines Hugar Orka’s geothermal and project development expertise with Kaishan’s power plant technology and manufacturing expertise to form Asia’s only vertically integrated geothermal and waste energy company.  KS Orka brings to the project some of the most experienced geothermal experts and power project developers in the world.

http://ksorka.com/first-geothermal-power-plant-hungary/

 

Mexican Ministry of Energy awards three geothermal exploration permits: a key step forward for ENGIE and Reykjavik Geothermal

Mexico’s Ministry of Energy (SENER) has issued three exploration permits to ENGIE, a global energy company, and Reykjavik Geothermal, an Icelandic geothermal development company. These permits authorise their holders to spend three years exploring geothermal resources located in three zones, each measuring 150 km2, in Sangangüey (in the state of Nayarit) and in Cerro Pinto and Las Derrumbadas (in the state of Puebla).

This major step forward in the development of geothermal energy in Mexico follows the signature of a cooperation agreement on December 7, 2015 between ENGIE, through its wholly owned subsidiary Storengy, and Reykjavik Geothermal, geared towards obtaining and jointly developing Mexico’s concessions and geothermal exploration permits.

Both efficient and economical, geothermal energy is a renewable, non-intermittent and eco-friendly source of energy that uses heat from deep underground for heating, power generation and even air-conditioning systems. It is the main activity of Reykjavik Geothermal and one of the components of the energy transition in which ENGIE intends to become a world leader. ENGIE is a leading producer and supplier in Europe of geothermal energy for the heating and cooling of residential or commercial facilities, using various geothermal sources.

The Mexican Energy Reform has effectively opened up the electricity market and is encouraging private investors to participate in power generation. With the greening of the energy mix, this reform opens the door to the development of the country’s abundant geothermal resources.

Accordingly, the Mexican Ministry of Energy (SENER), the Mexican Development Bank Nacional Financiera (NAFIN) and the Inter-American Development Bank (IDB) jointly backed the development of a programme designed to curb the risks of exploration. This has played a key role in attracting private developers and will be a key element in helping the various actors to overcome the barrier to exploration in the domain of geothermal development.

ENGIE, primarily through its subsidiary Storengy, and Reykjavik Geothermal are convinced that geothermal energy is destined to play a major role in Mexico’s energy mix. To make geothermal energy all the more competitive, these companies are working on a full reflection of the geothermal sustainable and baseload values in the pricing.

“We are very confident regarding the potential of those areas, in order to develop carbon-free projects, which are at the heart of our strategy” stated Cécile Prévieu, CEO of Storengy.

“With these three licenses granted, Reykjavik Geothermal reinforces its position in the Mexican geothermal market” underlined CEO of Reykjavik Geothermal Gudmundur Thoroddsson.

Efrain Villanueva Arcos, General Director of Clean Energies of SENER has stated: “Granting these exploration permits to a partnership between France and Iceland marks a major step in the implementation of the geothermal energy reform since they are the first 100% foreign capital companies to invest in the Mexican geothermal industry.”

Thanks to their complementary know-how, ENGIE, through its subsidiary Storengy, and Reykjavik Geothermal will jointly continue the exploration programme for each of the three awarded permits.

http://www.engie.com/en/journalists/press-releases/mexican-ministry-energy-geothermal-exploration-permits/

 

Rosgeologiya and Copelouzos Group agreed to jointly develop a geothermal project in nothern Greece

June 2, 2017- During the 2017 St. Petersburg International Economic Forum (“SPIEF”) Mr. Roman Panov, Managing Director – Chairman of the Board of JSC “Rosgeologiya” and Mr. Dimitris Copelouzos, Chairman and Managing Director of Copelouzos Group, signed an agreement to jointly develop a geothermal project in northern Greece.  The two parties agreed to establish a joint company for the implementation of this project.

This development is the outcome of the agreement that was executed between the parties during the SPIEF-2015 for exploring the possibility of implementing jointly projects relevant to the development of geothermal resources and the construction of geothermal power plants in Greece.

As a next step, the joint company will apply to the Greek Ministry of Environment & Energy to obtain a license for the implementation of the project.

This agreement was executed in the presence of the Minister for Natural Resources, Mr. Sergei Donskoi and the Minister of Transport Mr. Maksim Sokolov, of the Russian Federation.

http://www.copelouzos.gr/en/news/newsDetails?group=cpmNws%7Efrl=news02062017

 

Trump Pulls U.S. Out of Paris Climate Accord:

President Trump has announced that the U.S. will exit the Paris climate accord signed by 195 nations at the end of 2015 because it is a “bad deal for Americans” that “disadvantages the United States at the exclusive advantage of other countries.” That would initiate a lengthy Paris withdrawal process expected to take until at least November 2020 to finalize. Withdrawing flies in the face of the spirit of the landmark climate agreement and denies the basic physics of climate change. Trump resisted calls from world leaders, Fortune 500 companies, environmental groups, scientists, climate- and science-engaged civil society, and even voices within his administration urging him to stay in the agreement. As a result, the U.S. is now on track to be one of three nations not in the landmark accord. Those other countries are Syria, a failed state, and Nicaragua, which didn’t sign in protest because it felt the agreement wasn’t ambitious enough

Source: Sustainable Energy Coalition

http://www.utilitydive.com/news/trump-pulls-us-out-of-paris-climate-accord/444032

 

Trump Calls for U.S. Exit from Paris Agreement; Alliance of Cities, States, and Industries Oppose Move

On June 1, President Trump announced that his administration will move to fully withdraw the United States from the Paris Agreement. The decision set off a torrent of opposition, including the formation of a growing coalition consisting of three governors, 30 mayors, over 80 university presidents, and more than 100 businesses. The still-nameless group will negotiate directly with the United Nations (UN) and hopes to submit its own climate action plan. Former New York City Mayor Michael Bloomberg, who is coordinating the effort, stated, “We’re going to do everything America would have done if it had stayed committed.” Bloomberg added that the group could even surpass the original U.S. pledge to reduce its greenhouse gas emissions by 26 percent from 2005 levels by 2025. The U.S. is roughly halfway to meeting this goal, but the federal government was expected to play a prominent role in future reductions. There is currently no formal method for a non-country entity to sign on to the agreement, but the coalition’s efforts could be integrated into future UN progress reports. The governors of California, New York, and Washington (which make up a fifth of the U.S. economy) also announced they will be forming a coalition of states in support of the Paris Agreement’s goals. CEOs Elon Musk of Tesla and Robert Iger of Disney resigned from President Trump’s economic advisory council upon learning of his decision on Paris, underscoring the increasingly strained relationship between the White House and business leaders. American companies will still have to meet the stricter emission laws enforced in other countries if they hope to operate abroad and sell their products in international markets.

For more information see: https://www.nytimes.com/2017/06/01/climate/american-cities-climate-standards.html?_r=1

https://www.washingtonpost.com/news/energy-environment/wp/2017/06/01/these-titans-of-industry-just-broke-with-trumps-decision-to-exit-the-paris-accords/?utm_term=.524c87c154c8

Source: EESI.org

 

Geothermal Engineering Ltd launch Tender for micro-seismic monitoring system in Cornwall

To assist with the development of the United Downs Deep Geothermal project in Cornwall, Geothermal Engineering Ltd (GEL) has launched a Tender for a micro-seismic monitoring system. The work will include the design, installation, management and data interpretation of the system.

The project is co-financed by the European Regional Development Fund and will be the first geothermal power project in the UK. The site is located at United Mines, near Redruth in Cornwall. Two wells will be drilled into fractured granite; the deepest well will be approximately 4.5kms. The closing date for the Tender is the 23rd June, 2017.

For further information and a Tender pack please contact Ryan Law: ryan.law@geothermalengineering.co.uk

http://www.geothermalengineering.co.uk/news.php

 

GEMex Stakeholder Board – Call for interest

The EU founded projects GEMex – Cooperation in Geothermal energy research Europe-Mexico for development of Enhanced Geothermal Systems (EGS) and Superhot Geothermal Systems (SHGS) – has launched a call for interest inviting experts to be part of the GEMex Stakeholder Board.

The Stakeholders Board will serve as a platform for stakeholder consultation, preparing the basis for a continued cooperation with Mexico on geothermal development. The Stakeholder Board will received reports on project results and discuss them in dedicated meetings organised throughout the course of the project.

To submit your interest, please send an email to info@gemex-h2020.eu, before Friday 23rd June 2017/ > 17:00 CET time, including: Name, Company, Position, Email.

The call is open to experts operating in the geothermal sector in Europe and/or in Mexico.

http://www.gemex-h2020.eu/index.php/en/news/24-nf-stakeholder-board

 

Financing for geothermal exploration of Turkey’s Dikili area

First project under EBRD-CTF initiative supporting exploratory drilling investments

To tap Turkey’s significant geothermal energy potential, the EBRD has mobilised a €5 million loan from the Clean Technology Fund (CTF) for the early stage development of the Prosin-Dikili geothermal power plant near the coastal town of Dikili in the Izmir province of Turkey.

The financing marks the first transaction under a recently launched EBRD/CTF initiative to support exploratory drilling investments.

Geothermal energy projects face high risks particularly in their initial stages, including high investment costs and limited access to project finance once drilling has confirmed the resource.

The joint EBRD and CTF US$ 125 million initiative, named PLUTO after the ruler of the underworld in classic mythology, aims to provide finance and advice to private developers to help minimise these risks.

Under the programme, the private developer Prosin Enerji, a subsidiary of Guney Yıldızı Petroleum, has received financing to expand its exploration of the hitherto mostly unexplored Bergama-Dikili Graben and prepare the site for drilling.

The company has successfully concluded surface, geological and geophysical surveys. If the drilling is also successful, the EBRD is expected to support the development of an initial 10 to 20 MW geothermal power plant.

The EU is providing technical assistance through its Instrument for Pre-accession Assistance to support the developer in applying best practices throughout the exploration.

Nandita Parshad, EBRD Managing Director for Energy, said: “This is a major milestone in the EBRD’s support to the development of the geothermal sector in Turkey, following a private sector-driven approach. Historically early stage geothermal development and drilling needed to be supported – if not entirely driven – by governments and public institutions. This transaction represents the first time an international financial institution has tried to bridge the geothermal equity gap at the exploratory stage on a purely private sector basis. Three additional PLUTO projects at different stages of approval in other unexplored areas will follow.”

Prosin Enerji, owned by Ecvet Sayer and Guney Yıldızı Petroleum (GYP), focuses on investments in geothermal and solar power plants. The parent company, Guney Yıldızı Petroleum, has long been a leading Turkish private company in the oil and gas exploration and production sector in Turkey, along with a drilling rig contractorship, with more than 50 years of experience.

Ecvet Sayer, the founder of Prosin Enerji, commented: “Having been a rather active player in geothermal drilling in Turkey’s Aegean region since 2009, Guney Yıldızı Petroleum had decided to move one step further and to explore its own licences under Prosin Enerji as part of its plans to diversify investment portfolio. The EBRD’s PLUTO programme, the first of its kind in the geothermal resource development of Turkey, is greatly appreciated. We are looking forward to extending our collaboration with the EBRD into other clean energy projects.”

Supporting investment in renewable energy is part of the EBRD’s efforts to support sustainable energy in Turkey.

The country has pledged to develop 30 per cent of its total installed capacity from renewable sources by 2023. The objective is to add 34 GW of hydropower, 20 GW of wind energy, 5 GW of solar energy, 1 GW of biomass and 1 GW of geothermal.

As of May 2017, about 851 MW of geothermal capacity has been installed in the country – equivalent to 19 per cent of the country’s potential for geothermal power production, currently estimated at 4.5 GW. These resources are mostly concentrated in the Aegean region, with significant potential also identified in Central and Eastern Anatolia.

The EBRD has been at the forefront of supporting Turkey in developing its geothermal potential. To date the Bank has financed eight geothermal power plants – directly and through commercial banks. The installed geothermal capacity supported by the EBRD stands at 350 MW or 35 per cent of the national target.

The EBRD started investing in Turkey in 2009 and currently operates from offices in Istanbul, Ankara and Gaziantep. The country is a top destination for the Bank’s finance, with €1.9 billion invested in 2016 alone. To date, the Bank has invested over €9 billion in Turkey through more than 220 projects across many sectors and has mobilised nearly €20 billion for these ventures from other sources of financing. Some 98 per cent of the Bank’s investments in Turkey are in the private sector.

http://www.ebrd.com/news/2017/financing-for-geothermal-exploration-of-turkeys-dikili-area.html

 

Senate Committee Advances Nominees for Interior, Energy, and FERC

Murkowski Votes to Advance Four Key Administration Officials  

WASHINGTON, D.C. – The Senate Committee on Energy and Natural Resources today held a business meeting to advance four nominees to the Senate floor: David Bernhardt to be Deputy Secretary of the Interior, Dan Brouillette to be Deputy Secretary of Energy, and Neil Chatterjee and Robert Powelson to be Members of the Federal Energy Regulatory Commission (FERC).

“Secretary Zinke and Secretary Perry need their deputies in place to help them set strategic direction and run their departments on a day-to-day basis. At more than four months and counting, it is also critical to restore a working quorum at FERC as soon as possible,” Murkowski said. “I recognize that calendar space is limited, but am hopeful that we will be able to confirm all four of these nominees during this work period.”

The committee favorably reported Bernhardt by a vote of 14-9, Brouillette by a vote of 17-6, Chatterjee by a vote of 20-3, and Powelson by a vote of 20-3.

Murkowski supported all four nominations, which now head to the Senate floor for confirmation.

Murkowski is chairman of the Senate Committee on Energy and Natural Resources.

http://energy.senate.gov

 

EIA Issues Short-Term Energy Outlook:

In its latest “Short-Term Energy Outlook,” EIA forecasts non-hydropower renewables to provide 9% of electricity generation in 2017 and nearly 10% in 2018. The generation share of hydropower is forecast to be nearly 8% in 2017 and 7% in 2018. Wind electricity generating capacity at the end of 2016 was 81 gigawatts. EIA expects wind capacity additions in the forecast will bring total wind capacity to 88 GW by the end of 2017 and 102 GW by the end of 2018. Total utility-scale solar electricity generating capacity at the 2016 was 21 GW. EIA expects solar capacity additions in the forecast will bring total utility-scale solar capacity to 29 GW by the end of 2017 and 32 GW by the end of 2018. EIA also foresees geothermal growing from 0.226 quads in 2016 to 0.23 quads in 2017 and 0.236 quads in 2018. Biomass is expected to grow from 2.481quads in 2016to 2.484 quads this year and to 2.485 quads in 2018.

U.S. Energy Information Administration, June 6, 2017

https://www.eia.gov/outlooks/steo

U.S. Geothermal Inc. to Present at the 2017 Marcum Microcap Conference

BOISE, Idaho, June 07, 2017 (GLOBE NEWSWIRE) — U.S. Geothermal Inc. (the “Company”) (NYSE MKT:HTM), a leading and profitable renewable energy company focused on the development, production, and sale of electricity from geothermal energy, today announced that Jonathan Zurkoff, Executive VP, Finance and Treasurer, is scheduled to present at the 2017 Marcum Microcap Conference in New York, NY on Thursday, June 15, 2017 at 10:00 a.m. (ET).

The 2017 Marcum Microcap Conference is scheduled to take place at the Grand Hyatt New York Hotel on June 15-16, 2017

Read more at http://www.stockhouse.com/news/press-releases/2017/06/07/u-s-geothermal-inc-to-present-at-the-2017-marcum-microcap-conference#cvlUL2uDCtbLBgmW.99

 

BLM completes Environmental Assessment for Mineral County Geothermal Lease Sale

CARSON CITY, Nev. – The Bureau of Land Management (BLM), Carson City District has completed an Environmental Assessment (EA) for the Mineral County Parcels, October 2017 Geothermal Lease Sale. The EA will be available for public review and comment through June 30, 2017. The BLM is also seeking public input under Section 106 of the National Historic Preservation Act for the Project that includes identifying or providing information about historic properties in or near the Project parcel areas.

The EA analyzes the impacts to the human and natural environment from leasing of geothermal resources on public lands located in Mineral County, Nevada. Issuance of geothermal leases confers on the lessee a right to future exploration and development of the resource within the lease area. However, leasing geothermal resources does not confer on the lessee the right to proceed with any ground-disturbing activities related to exploring for or developing geothermal resources.

The EA and associated documents are available at:  http://bit.ly/2sAP2Vk during the public comment period. Please send written comments to Dave Schroeder, Geothermal Leasing Project Lead at 5665 Morgan Mill Road, Carson City, Nevada, 89703, or fax at 775-885-6147, and email to: blm_nv_ccdowebmail@blm.gov. Comments should include “October 2017 Geothermal Lease EA” in the subject line.

For more information, please contact Dave Schroeder or Angelica Rose at 775-885-6000 or at the above address. For input or questions regarding historic properties contact Jason Wright at 775-885-1615.

https://www.blm.gov/press-release/blm-completes-environmental-assessment-mineral-county-geothermal-lease-sale

 

 

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