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

 

 

CA Passes 100% Clean Nrg Bill, Trump Admin Releases FY18 Budget Details, GEA Supports SB 600 and more!

Leading Stories, Releases, Solicitations

  • GEA Notes
  • California Senate Passes 100% Clean Energy and Environmental Protection Bills
  • Welch, Lujan Introduce National Renewable Energy and Efficiency Standard Legislation
  • Trump Administration Releases FY18 Budget Details
  • Statement on Release of the FY18 DOE Budget by the Geothermal Energy Association
  • GEA Supports California SB 600
  • Geothermal Agreement Signed: SaskPower, DEEP Geothermal to explore project in southeast Saskatchewan
  • KfW Development Bank and EU launch Latin America Geothermal Power Fund
  • Alterra Power Announces Potential Sale of Blue Lagoon Interest
  • ROTOTEC OY and ROBIT OYJ Deepen Their Geothermal Co-operation
  • Mexican Ministry of Energy awards three geothermal exploration permits: a key step forward for ENGIE and Reykjavik Geothermal
  • Raven Petroleum Plans “The Cleanest Refinery in the World”.
  • DOE Seeks Feedback on Reducing Regulation and Controlling Regulatory Costs

 

Headlines

 

Leading Stories, Releases, Solicitations

GEA Notes: The GEA and GRC are busy gearing up for the 2017 GEA GeoExpo+ and GRC Annual Meeting October 1-4 in Salt Lake City, UT!

 

 

And please remember, GEA is a membership organization.  Your support through membership makes our work possible.  For membership information, or to renew your company membership, contact Kathy Kent at kathy@geo-energy.org.

 

California Senate Passes 100% Clean Energy and Environmental Protection Bills

SACRAMENTO – The California State Senate voted today to pass SB 100, a bill that puts California on a path to 100 percent clean renewable energy by the year 2045.  Senate President pro Tempore Kevin de León (D – Los Angeles) and Senators will also address reports that President Trump plans to pull the United States out of the landmark Paris Climate Accord.

 

“We woke up this morning to extremely upsetting news – that the President intends to withdraw from the Paris agreement.” Senator de León said. “That’s why California’s leadership is critical.  We’re showing the way forward, and we’re sending a clear message to the rest of the world that no president, no matter how desperately the try to ignore reality, can halt our progress.”

GEA was among the groups supporting the legislation.  “This will be good for California and good for geothermal energy,” GEA stated.

 

Reps. Welch, Lujan Introduce National Renewable Energy and Efficiency Standard Legislation

WASHINGTON, May 25 — Rep. Peter Welch, D-Vt., issued the following news release:

Rep. Peter Welch (D-VT) and Rep. Ben Ray Lujan (D-NM) introduced legislation that creates a national renewable energy and energy efficiency standard that will reduce carbon emissions and drive the deployment of clean energy resources around the country.

“The United States is lagging behind on energy efficiency and renewable energy resources. We have barely scratched the surface of our potential,” Congressman Welch said. “This legislation charts a new energy future where energy efficiency and renewable technologies are put to work creating jobs, saving money and improving the environment.”

“Promoting the use of renewable energy and increased energy efficiency is not only good for our environment, but it’s also good for our economy and for consumers,” Congressman Lujan said. “A number of states, including my home state of New Mexico, have taken the lead on renewable energy standards. A national standard will further encourage the development of a clean energy economy that creates good jobs and enhances our economic competitiveness. This legislation will also help families who are living paycheck to paycheck by lowering energy bills and putting more money back in their pockets.”

The American Renewable Energy and Efficiency Act would require electric utilities, by 2032, to obtain at least 35 percent of their electricity supply from renewable sources and achieve a 20 percent reduction in electricity use and a 13 percent reduction in natural gas use.

“We strongly support Rep. Welch and Rep. Lujan’s introduction of the American Renewable Energy and Efficiency Act and applaud his leadership in promoting renewable energy nationwide. The establishment of a national renewable electricity standard will lower energy costs for consumers, drive new investment and job growth, and diversify our nation’s energy resources,” said the American Wind Energy Association.

Union of Concerned Scientists senior energy analyst Jeff Deyette shared that support. “State Renewable Electricity Standards and Energy Efficiency Resource Standards have delivered big benefits to consumers across the country while reducing harmful emissions that cause serious health problems and contribute to climate change,” he said. “These national targets can easily be met, helping to bring the entire country into line with the transition towards cleaner, cost effective sources of energy; providing economic benefits to consumers and industry in the process.”

Other supporters of the legislation include Sierra Club, Natural Resources Defense Council, and the American Council for an Energy-Efficient Economy.

Reps. Welch and Lujan are members for the House Energy and Commerce Committee.

 

Trump Administration Releases FY18 Budget Details

On May 23rd, The Trump Adminstration released the details behind its previously released “skinny budget.”  Below are some quick highlights of the document

Interior Budget:

The Dept of Interior Budget assumes Congress will repeal county royalty payment provision, which were enacted in 2005 directing 25% of geothermal royalty and rental payments to the local county involved.  OMB estimates this would save the Federal Treasury $3/$4 million annually.

DOE Budget:

The Department of Energy Budget assumes an 82% cut in geothermal funding, from $70 million in Fy 17 to $12.5 million in Fy 18.

Geothermal Technologies: The Budget provides $12,500,000 in FY 2018, supporting GTO’s Enhanced Geothermal Systems (EGS) collaborative effort, bringing together National Laboratory-led teams, academia, and industry to conduct early-stage R&D that explores the fundamental relationships between seismicity, stress state, and permeability to validate and verify models, providing feedback to inform the next stage of EGS research. The Program will fund the final year of a three-year hydrothermal effort for three National Laboratory projects targeting innovative, early-stage research on approaches to geothermal exploration through microhole drilling applications, self-healing cements, and subsurface imaging, all of which present such a significant degree of scientific uncertainty that industry is unlikely to invest significant resources.. The Budget Request also supports early-stage R&D in waterless fracturing and stimulation fluids, investigating alternative hydraulic fracturing methods to reduce, or eliminate, the use of water. Combined efforts will strengthen the body of knowledge necessary to enable industry to achieve a cost target of $0.06/kWh by 2030 from newly developed geothermal systems.

 

Geothermal Technologies Explanation of Major Changes ($K)

Subprogram,                                                                               FY16,               FY18            Reduction

Geothermal Technologies Enhanced Geothermal Systems,                   45,000,              5,368                -39,632

Hydrothermal,                                                                             13,800,              6,077                -7,723

Low Temperature and Coproduced Resources,                                   8,000 ,              0                      -8,000

Systems Analysis,                                                                       3,700,                1,055               -2,645

NREL Site-Wide Facility Support,                                                             500,                  ― 0                  -500

Total, Geothermal Technologies,                                                    71,000 ,                         12,500               -58,500

 

Geothermal Technologies Explanation of Major Changes ($K)

FY 2018 vs FY 2016

Geothermal Technologies

Enhanced Geothermal Systems: Funding for FORGE Phase 3 field operations is fully funded through prior-year appropriations and no additional funding is requested FY 2018. Other reductions reflect the discontinuation of later-stage R&D in advanced stimulation, zonal isolation, and fracture propping tools. -39,632

Hydrothermal: Reduced funding reflects the completion of the Play Fairway Analysis effort as well as a reduction in later-stage research in the areas of Wellbore Integrity, Subsurface Stress and Induced Seismicity, and New Subsurface Signals. -7,723

Low Temperature and Coproduced Resources: Reflecting the shift in focus to early-stage research and development, no funding is requested for the Low-Temperature and Coproduced Resources subprogram in FY 2018. Some management activities related to the execution of prior year appropriations will continue until completion. -8,000

Systems Analysis: Reduced funding reflects the completion of the Vision Study in FY 2017. -2,645

NREL Site-Wide Facility Support: In FY 2018, EERE proposes to move funding for the NREL Site-Wide Facility Support subprogram from individual technology programs to the Facilities and Infrastructure Program. Locating this funding in the Facilities and Infrastructure Program will provide clarity and transparency in communicating EERE’s stewardship of NREL, and will simplify planning and execution of EERE’s annual budget. This consolidation into a single program allows for better integration and coordination of operations and investments. -500

Total, Geothermal Technologies -58,500

 

FY 18 Comparative Funding: (millions)

Technology                 FY17               Fy18

Solar                            241                  69.7

Wind                           95.2                 31.7

Water                           69.8                 20.4

Geothermal                  70.8                 12.5

For more information on the FY18 DOE Budget proposal, go to:

https://energy.gov/cfo/downloads/fy-2018-budget-justification

Official White House FY’18 Budget Proposal Documents are at:

https://www.whitehouse.gov/sites/whitehouse.gov/files/omb/budget/fy2018/2018_blueprint.pdf

 

Statement on Release of the FY18 DOE Budget by the Geothermal Energy Association

Washington, DC (May 25, 2017) – The information on DOE’s proposed FY18 budget for geothermal research paints a bleak picture:  it cuts the DOE geothermal research program to the bone.  The 82% funding reduction from $71 million to $12 million will have significant, negative impacts on technology development for the US geothermal industry, significantly reducing the ability to achieve the economic benefits of tapping the vast geothermal resource base of the United States.

The US Department of Energy’s Geothermal Technologies Program (DOE GTP) has a history of supporting the development of new technology that is critical for the geothermal industry.  DOE GTP’s support has helped the industry expand beyond high-temperature resources in the US by producing power from moderate-temperature geothermal resources, more than doubling the number of states with geothermal power production.  But much more can and needs to be done to enhance the value of and address the high risk of conventional resources, such as developing unique opportunities for extracting strategic minerals from geothermal fluids, improving exploration technology and reducing drilling risk, and ultimately allowing production of geothermal power nearly anywhere by engineering geothermal systems to enable the extraction of energy from deep, hot rocks.

With respect to the last, DOE GTP has had a strong focus on Enhanced Geothermal Systems (EGS) by advancing the development of new technologies that will allow us to “mine” the vast amount of heat that is present deep beneath our feet.  The flagship EGS R&D project is FORGE (Frontier Observatory for Research in Geothermal Energy), which will be an experimental site to develop and test techniques to enhance rock permeability in just the right way to enable effective heat mining.  The bare bones budget appears to continue the FORGE effort using prior year balances, which means the funding for the final center chosen will be left to future appropriations bills – a risky proposition.  The minimal budget would reduce DOE GTP’s efforts to  develop the tools needed for EGS (such as specialized drilling and completion methods, advanced stimulation techniques, zonal isolation, fracture management, maximizing energy extraction, etc.),  undercutting the success of EGS development efforts.

With respect to conventional geothermal resources, support for developing new exploration tools and technology  – which are needed to  identify the one-half of all US geothermal resources that are as yet undiscovered – would end under the proposed budget, despite the fact that the pay-off from this investment would be substantial.  New exploration technology is particularly important in states with no geothermal projects, where geological prospecting takes on higher risks.  Similarly, support for co-production (of geothermal fluids that are produced together with oil or gas), low-temperature technologies (allowing power production from the more common lower-temperature geothermal resources) and secondary products (recovery of lithium, rare earth elements and other strategic minerals from geothermal fluids) is ending – despite their significant near-term benefits.  Taken together, this means that valuable benefits for the US economy will be lost; for example, rather than developing domestic production of critical minerals for high tech applications, imports from China will continue.

DOE GTP has established a thoughtful and balanced R&D program that targets specific near-term and long-term opportunities for geothermal to contribute to our national energy security and economic growth.  In contrast, the proposed budget would severely limit the ability to make meaningful geothermal energy advancements in the United States.

 

GEA Supports California SB 600

GEA Western States Representative Rhonda Mills wrote California Senate Appropriations Committee Chairman Ricardo Lara expressing support for SB 600, a partial sales tax exemption bill.  In her letter, she said:

“The Geothermal Energy Association (GEA) applauds the introduction of Senate Bill 600, (SB 600, Galgiani), Sales and use taxes: exemption: manufacturing and research: useful life: electric power generation.

“By expanding eligibility to those engaged in electric power generation or distribution, SB 600 will help California increase inbound investments, while expanding our renewable energy sources and manufacturing powered by clean energy. In that way, SB 600 works to increase jobs and economic development, while reducing costs to California residential and business electricity and gas ratepayers.

“Renewable geothermal power uses the Earth’s heat to generate both thermal energy (heat/steam) and electric power. There are 44 operating geothermal plants in California with a capacity of over 2,700 Megawatts and a replacement value of $15 billion. Geothermal produced 6.11 percent of California’s total system power in 2015 and .04 percent of total U.S. electricity generation, an illustration of the efficiency and reliability of this clean power workhorse.

“Geothermal is more than renewable power, however. Geothermal “secondary uses” include, operating greenhouses and agricultural processing facilities, recovering precious minerals from geothermal brines (i.e., lithium, potash and zinc), reusing municipal wastewater (reducing costs to local governments), and using geothermal energy in HVAC and district heating systems (reducing point source emissions and reliance on natural gas). SB 600 would help California businesses build geothermal manufacturing/processing facilities and reduce ratepayer costs in our transition to more clean energy.

“For these reasons, the Geothermal Energy Association urges the Assembly Committee on Appropriations to support SB 600.”

 

Geothermal Agreement Signed: SaskPower, DEEP Geothermal to explore project in southeast Saskatchewan

SaskPower and DEEP Earth Energy Production Corp. (DEEP) have signed a power purchase agreement that will allow further research into the potential for Saskatchewan’s first geothermal power project.

“We’re proud to continue our work with DEEP to evaluate geothermal’s potential role in our power supply,” said SaskPower President and CEO Mike Marsh. “Cleaner electricity options are vital to Saskatchewan’s future, and geothermal power is another option to explore as we work to reach our goal of having 50 per cent of our capacity come from renewable power by 2030.”

Geothermal power generation passes hot water through an exchanger, creates steam and drives a turbine to produce electricity. The signed agreement allows DEEP to continue a proof of concept study to determine the feasibility of a five megawatt project near Estevan. The proposed plant would generate renewable, zero emission, baseload power from a hot aquifer three kilometres under the Earth’s surface.

“We’re pleased to complete this agreement with SaskPower as another step towards the commencement of Canada’s first geothermal power facility in southeast Saskatchewan,” said Kirsten Marcia, President and CEO of DEEP.  “DEEP’s Saskatchewan power facility will launch a brand new clean energy sector for the country, and we anticipate significant job creation during the construction and operation of the facility. DEEP is honored to be in partnership with SaskPower and their commitment to significantly reduce provincial GHG emissions through new and innovative projects like geothermal power.”

The electricity provided by the proposed plant would generate roughly the power required by 5,000 homes and offset about 40,000 metric tonnes of carbon dioxide per year – equal to taking over 8,000 cars off the roads annually. #powertogrow

For more information see saskpower.com/our-power-future. #powertogrow

http://www.saskpower.com/about-us/media-information/geothermal-agreement-signed/

 

KfW Development Bank and EU launch Latin America Geothermal Power Fund

The German government’s KfW Development Bank in conjunction with the European Union has launched a €55 million geothermal power fund for Latin America to focus on early stage development managed by Washington, DC-based, IDA Fund Management, LLC.  Known as the Geothermal Development Facility (GDF), the goal is to be a catalyst to 350 MW of installed geothermal power capacity in Latin America over the next ten years.  GDF will achieve this by providing feasibility study funding of as much as €600,000 and exploratory drilling funding for up to €5.8 million per project to qualified applicants in Chile, Bolivia, Peru, Ecuador, Colombia, Costa Rica, Nicaragua, Honduras and Guatemala.  GDF expects to close a second round of significant funding from KfW and other Development Finance Institutions later this year.

An Expression of Interest was sought in January 2017, to which 25 parties submitted information.  In this two-step process, GDF is now announcing that it has now selected 13 applicants to complete Call for Proposals.  Final grant approvals for the selected proposals should be finalized in the 4th quarter of this year.  GDF has been pleased with the overwhelming interest in the marketplace for this important early stage funding.  To that end, its managers hosted a Technical Assistance Forum at GEOLAC in Mexico City in April where they reviewed the early results of GDF and discussed the outlook for the rest of the year.  It is anticipated that late this year a second Expression of Interest will be initiated where new applicants and some of those that weren’t selected in the first round will apply.

About IDA Fund Management

GDF is managed by IDA Fund Management a consortium of Interlink Capital Strategies (www.interlinkdc.com), a Washington, DC-based management consulting firm and financial advisor well known in the Export Credit Agency (ECA) and Development Finance Institution (DFI) space, and Dewhurst Group, LLC (www.dewhurstgroup.us), a Washington, DC-based geothermal exploration and development company with offices in Latin America.

For more information, info@gdflac.com

Contact: Alan Beard, 703-752-5880 Extension 115

 

Alterra Power Announces Potential Sale of Blue Lagoon Interest

Vancouver, May 16, 2017 /CNW/ – Alterra Power Corp. (TSX: AXY) announces that following several unsolicited expressions of interest, its subsidiary HS Orka hf will examine strategic alternatives for its 30% ownership interest in the Blue Lagoon tourist resort, up to and including a full sale.

Ross Beaty, Alterra’s Executive Chairman, said “The Blue Lagoon has grown substantially over the last several years, attracting significant investor attention from Iceland and elsewhere. Since the asset does not comprise a core part of our renewable power business, we think it’s time to look at our options.”

Stöplar Advisory in Iceland (www.stoplar.com) has been engaged to communicate with potential investors and administer the process.

http://www.alterrapower.ca/news/Press-Release/News-Releases/News-Releases-Details/2017/Alterra-Power-Announces-Potential-Sale-of-Blue-Lagoon-Interest/default.aspx#sthash.WHUd7DJc.dpuf

 

ROTOTEC OY and ROBIT OYJ Deepen Their Geothermal Co-operation

Rototec Oy and Robit Oyj have signed a comprehensive co-operation and delivery agreement. The target of the collaboration is to advance the utilization of geothermal energy both in Finland and Scandinavia. The agreement contains also product development in co-operation to meet the industry’s development trends, such as increasingly deeper geothermal bore holes.

The agreement is a continuum for the companies’ existing co-operation being even more comprehensive.

Rototec Oy is the largest European provider of geothermal energy solutions as well as the innovative reformer of the industry. The company meets new possibilities on the field of increasing utilization of renewable energy. Rototec Oy has also started providing consultant services in China, where geothermal heating solutions are strongly becoming common.

Robit Oyj is a strongly internationalized growth company selling and servicing global customers in drilling consumables. Geothermal wells have formed an important and growing segment as a part of the company’s business. Geothermal energy solutions have expanded from private economies to apartment buildings, large business centers as well as warehouses. Technology enables also cooling at present.

http://globenewswire.com/news-release/2017/05/16/985385/0/en/ROTOTEC-OY-AND-ROBIT-OYJ-DEEPEN-THEIR-CO-OPERATION.html?f=22&fvtc=5&fvtv=35850855

 

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/

 

Raven Petroleum Plans “The Cleanest Refinery in the World”.

Raven Petroleum is moving forward with plans to build a refinery in deep South Texas after tapping a general contractor to build it and a a company to provide 100 percent green power it and send emissions deep underground. The Woodlands-based company has chosen Houston-based general contractor BASIC Equipment to handle the proposed refinery’s engineering procurement and construction needs, while Austin-based geothermal company Thermal Energy Partners will provide 100 percent renewable power, desalination and carbon sequestration capabilities.

Raven Petroleum Managing Director Christopher Moore was at the South Texas Energy & Economic Roundtable office in San Antonio on Wednesday afternoon to sign memorandums of understanding with representatives from both companies to move the proposed project forward. “We’re willing to go the extra mile, the extra effort and expense to create a model refinery with the latest technology available to accomplish our goal of being the cleanest refinery … period,” Moore said.

Last year, Raven Petroleum announced plans to build an $500 million refinery off State Highway 359 near Hebbronville, TX. Moore told the Business Journal that his company expects to file an application for a Texas Commission on Environmental Quality permit at the end of the first quarter. The company chose BASIC Equipment and Thermal Energy Partners (TEP) to address safety and environment “This not only addresses many of the local environmental concerns, but also our concerns,” Moore said.

BASIC Equipment President and CEO Thomas Balke said his company has helped to build multiple refineries and that the Raven Petroleum project will include a number of safety features. “We’ve got a lot of experience with containment in our designs,” Balke said. “The designs we’ll be working will have concrete and sealed containments. If there is a spill, it will be recovered and pumped back into a tank so it can be reprocessed. We won’t be excavating and cleaning dirt, we’ll have everything in the containers.

The proposed refinery’s site is in a “sweet spot” for geothermal energy and TEP will also build and operate a desalination plant to support the project. Early cycles of geothermal power will rely on high-temperature brackish water from deep underground while later cycles will rely on the refinery’s own carbon dioxide emissions for power. Cutright’s company has designed a system where the refinery’s emissions are captured and pumped deep underground where carbon dioxide will become “supercritical” from the pressure and heat. The supercritical carbon dioxide will then be used as fuel source for the geothermal power plant’s turbines.”We’re excited that this is going to be in Texas to show that the carbon dioxide can be reutilized in a unique way,” Cutright said.

“It’s going to revolutionize the production of geothermal energy.” South Texas Energy & Economic Roundtable President Omar Garcia said the refinery project is an example of balancing economic development with the environment. “This technology is further proof that whether you’re an operator, service company or a refinery, there is a premium put on safety and the environment,” Garcia said. “This is cutting-edge technology.”

http://www.thermalep.com/tep-signsagreement-with-raven-petro

 

DOE Seeks Feedback on Reducing Regulation and Controlling Regulatory Costs

As part of its implementation of Executive Order 13771, “Reducing Regulation and Controlling Regulatory Costs,” the Department of Energy (DOE) is seeking comments and information to assist DOE in identifying existing regulations, paperwork requirements and other regulatory obligations that can be modified or repealed, consistent with law, to achieve meaningful burden reduction while continuing to achieve the Department’s statutory obligations.

Interested parties are encouraged to submit comments, identified by “Regulatory Burden Reduction RFI,” by any of the following methods:

  • Federal eRulemaking Portal: http://www.regulations.gov. Follow the instructions for submitting comments.
  • E-mail: Regulatory.Review@hq.doe.gov. Include “Regulatory Burden RFI” in the subject line of the message.
  • Mail: U.S. Department of Energy, Office of the General Counsel, 1000 Independence Avenue, SW, Room 6A245, Washington, DC 20585.

 

For more information, please see the official notice in the Federal Register at https://www.federalregister.gov/documents/2017/05/30/2017-10866/reducing-regulation-and-controlling-regulatory-costs

 

Headlines

Commencement of Development of Geothermal Projects Establishment of Laboos and First Exploitation Wells

https://www.supreme-energy.com/dimulainya-pengembangan-proyek-panas-bumi-muara-laboh-dan-penajakan-pertama-sumur-eksploitasi/

 

New regulation opens way for geothermal sector’s infrastructure financing

http://www.thejakartapost.com/news/2017/05/31/new-regulation-opens-way-for-geothermal-sectors-infrastructure-financing.html

 

Ethiopia to launch geothermal project

http://news.xinhuanet.com/english/2017-05/26/c_136315335.htm

 

Australian company to build largest geothermal plant in Imperial County

http://www.kyma.com/news/australian-company-to-build-largest-geothermal-plant-in-imperial-county/505191925

World Bank $1.8m grant to strengthen capacity in geothermal development in Chile

http://www.thinkgeoenergy.com/world-bank-1-8m-grant-to-strengthen-capacity-in-geothermal-development-in-chile/

UNEP to set up Pan-African Geothermal Centre of Excellence in Kenya

http://www.thinkgeoenergy.com/unep-to-set-up-pan-african-geothermal-centre-of-excellence-in-kenya/

 

Two Finnish firms for partnership on geothermal in Finland and Scandinavia

http://www.thinkgeoenergy.com/two-finnish-firms-for-partnership-on-geothermal-in-finland-and-scandinavia/

 

Geothermal heat for Westland greenhouse region near The Hague

Dutchnews.nl

 

EU releases Horizon 2020 call for funding of EUR 10m for EGS research project

http://www.thinkgeoenergy.com/eu-releases-horizon-2020-call-for-funding-of-eur-10m-for-egs-research-project/

 

Biliran geothermal plant could start operation in September 2018

http://www.thinkgeoenergy.com/biliran-geothermal-plant-could-start-operation-in-september-2018/

 

Geothermal a game-changer as nuclear energy uptake lags

http://www.businessdailyafrica.com/markets/news/Geothermal-a-game-changer-as-nuclear-energy-uptake-lags/3815534-3921674-4fqtl0/index.html

 

–end–

 

CA Senate Leader Introduces 100% Clean Energy Measure, Congressional Stop-Gap Budget Ignores Trump’s Requested Cuts to Science & Energy Programs, and more!

Leading Stories, Releases, Solicitations

  • California Senate Leader Introduces 100 Percent Clean Energy Measure – GEA Endorses Measure
  • Wyden Unveils Clean Energy for America Act
  • Congressional Stop-Gap Budget Ignores Trump’s Requested Cuts to Science and Energy Programs 
  • Congressional Action on Geothermal Funding for FY17
  • President Trump Names Daniel Simmons to Run DOE Efficiency and Renewable Programs
  • ORIX to Acquire 22% Ownership Stake in Ormat from FIMI and Bronicki Investments and Simultaneously Enter into Strategic Partnership with Ormat
  • Ormat Technologies Reports 25% Increase in Revenues for the First Quarter of 2017

·      Enel Green Power Awards Two Stars Of Merit For Labour In Geothermal

  • Polaris Infrastructure Announces 2017 First Quarter Results
  • NREL Releases Mexico Market Geothermal Assessment Report
  • EU Commission clears the creation of a joint venture by STRABAG and EVN for Development of Deep Geothermal
  • Milestone reached in geothermal deep drilling project
  • Daldrup & Söhne AG receives major order for four geothermal drillings from Stadtwerke München
  • BLM completes Environmental Assessment for Dixie Meadows Geothermal Development Project

 

Headlines

 

Leading Stories, Releases, Solicitations

 

California Senate Leader Introduces 100 Percent Clean Energy Measure – GEA Endorses Measure

SACRAMENTO – California Senate President pro Tempore Kevin de León (D-Los Angeles) on Tuesday May 2introduced Senate Bill 100, The California Clean Energy Act of 2017, which puts the state on the path to 100 percent clean, renewable energy by 2045.  GEA endorsed the proposed legislation.

VIDEO: Press Conference: California Senate Leader Introduces 100 Percent Clean Energy Measure

“California’s experience over the last decade offers hard evidence that we can dramatically expand clean energy while also growing our economy and putting people to work,” Senator de León said. “This measure will ensure that California remains the world’s clean energy superpower and that we lead the nation in addressing the threat of climate change.”

VIDEO: 100% Clean Energy Equals Jobs https://youtu.be/7Zeu3yXuGCg

VIDEO: 100% Clean Energy: We Can Get There https://youtu.be/9AYRADZkkqs

BILL SUMMARY

SB 100, the California Clean Energy Act of 2017 does all of the following:

  1. Establishes an overall state target of 100% clean energy for California by 2045 by directing the CA Public Utilities Commission, CA Energy Commission, and Air Resources Board to adopt policies and requirements to achieve total reliance on renewable energy and zero carbon resources by that date.
  2. Accelerates SB 350’s 50% mandate for clean renewable energy from 2030 to 2026 and establishes a new RPS benchmark of 60% by 2030  to ensure more clean energy in the California grid sooner.
  3. Establishes new policies for energy companies to capture uncontrolled methane emissions from dairies, landfills and waste water treatment plants and use these clean renewable fuels to replace natural gas.
  4. Authorizes investor owned utilities to invest in cleaner transportation fuels such as hydrogen or waste methane gas from dairies for heavy duty trucks to replace dirty diesel fuels, provided there are no other cleaner options such as zero emission vehicles available.

BACKGROUND

California has one of the cleanest economies in the world. Since we passed AB 32 in 2006, we’ve grown our economy faster than the national average while reducing carbon intensity by nearly 40% compared to 1990. We’ve also lowered energy bills, improved air quality and created thousands of new, high wage jobs in the clean energy sector.

California already has the most ambitious climate targets in the world and the most aggressive renewable energy targets of any economy of its size. We lead the nation in renewable energy generation, clean tech venture capital investment, patent creation and clean car technology.

In 2015, The Legislature passed SB 350, The Clean Energy and Pollution Reduction Act (De Leon et al), which set a 50% clean energy standard by 2030.That bill also set new requirements for doubling energy efficiency and for wide scale transportation electrification deployment. Senate Bill 32, the Global Warming Solutions Act of 2016 (Pavley), requires the state to reduce overall greenhouse gas emissions by 40% by 2030.

http://sd24.senate.ca.gov/news/2017-05-02-california-senate-leader-introduces-100-percent-clean-energy-measure

 

Wyden Unveils Clean Energy for America Act

Bill streamlines tax credits to encourage production of clean energy, cut carbon pollution 

Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today announced legislation to measurably reduce carbon pollution over the next decade through a series of incentives for clean energy and the promotion of new technologies in the private sector. Wyden’s Clean Energy for America Act includes technology-neutral tax credits for domestic production of clean electricity and clean transportation fuel, as well as performance-based tax incentives for energy-efficient homes and office buildings. These credits are open to all resources, including fossil fuels that capture carbon or make efficiency improvements.

Wyden is the senior Democratic member on the Senate Finance Committee and member of the Senate Energy and Natural Resources Committee, making him uniquely positioned to find new incentives to cut carbon pollution while creating millions of jobs in the clean energy sector.

“This bill is built around the proposition that the law ought to reward innovative energy technologies with incentives that spark investment in the private economy,” Wyden said. “These investments will shrink electric bills for American families and create new clean energy jobs in Oregon and across the country.”

The current system of energy incentives in the tax code is overly complex and far less effective than it should be. Today, there are 44 different energy tax incentives. More than half are too short-term to effectively stimulate investments, while also providing different subsidies to different technologies with no clear policy direction. By contrast, Wyden’s bill proposes a dramatically simpler set of long-term, performance-based energy tax incentives that are technology-neutral and promote clean energy production and storage in the United States.

Cosponsors of the Clean Energy for America Act include Senate Democratic Leader Chuck Schumer, D-N.Y., along with Senate Finance Committee members Debbie Stabenow, D-Mich., Maria Cantwell, D-Wash., Bob Menendez, D-N.J., Tom Carper, D-Del., Ben Cardin, D-Md., Michael Bennet, D-Colo., and Senators Dick Durbin, D-Ill., Amy Klobuchar, D-Minn., Sheldon Whitehouse, D-R.I., Jeanne Shaheen, D-N.H., Kirsten Gillibrand, D-N.Y., Chris Coons, D-Del., Brian Schatz, D-HI, Martin Heinrich, D-N.M., Angus King, I-Maine, Tim Kaine, D-Va., Cory Booker, D-N.J., Tammy Duckworth, D-Ill., Maggie Hassan, D-N.H., and Catherine Cortez Masto, D-Nev..

Legislative text can be found here. A one-page summary of the bill can be found here and a longer summary of the bill can be found here.

GEA’s Executive Director called the proposal “a significant step in the right direction.”  “We support establishing a long-term, technology neutral tax incentive for clean energy production,” he added.

 

Congressional Stop-Gap Budget Ignores Trump’s Requested Cuts to Science and Energy Programs 

On May 4, Congress finalized a bipartisan deal to fund the federal government through September and avoid a government shutdown. The bill cleared both chambers and now awaits the President’s signature. The stop-gap bill differs greatly from the budget outline issued by the Trump administration in March, particularly on funding for energy and environmental programs. The Trump administration’s “skinny budget” proposal called for a 30 percent reduction to EPA, but Congress’s budget would result in a one percent reduction for EPA, with some additional usage restrictions installed. The Department of Energy’s research offices were also targeted for steep reductions, yet these programs will see slight increases in funding under the Congressional proposal. However, the Trump administration is still proceeding with steps to diminish the capacity of regulatory agencies, including the removal of 3,200 of EPA’s 15,000 employees. In addition to ongoing executive actions to roll back U.S. climate policies, the Congressional budget contains zero funding for the Green Climate Fund and the United Nations Intergovernmental Panel on Climate Change.

For more information see:

Washington Post, Bloomberg, Inside Climate News

Source: EESI News

 

Congressional Action on Geothermal Funding for FY17

Congress has passed, and the President has signed an FY17 Omnibus bill that allows DOE and other programs to have clear financial direction for the rest of the Fiscal Year.

The final report for the measure stipulates for geothermal total spending for FY17 of  $69.5 million.  Further, it notes “Geothermal Technologies.-The agreement provides $35,000,000 for ongoing activities for the Frontier Observatory for Research in Geothermal Energy project.”

For reference, in FY16 the geothermal programs was funded at $71 million, and the Obama Administration request for FY 17 was $99.5 million.

 

President Trump Names Daniel Simmons to Run DOE Efficiency and Renewable Programs

The President has named a leading critic of Obama era renewable policies to oversee DOE’s Energy Efficiency and Renewable Energy Programs – Daniel Simmons previously VP at the Institute for Energy Research.  According to IER’s website:

“Daniel Simmons is IER’s Vice President for Policy. Simmons previously served as IER’s Director of Regulatory and State Affairs. He oversees IER’s work on energy and climate policy at the state and federal level.

“Prior to joining IER, Simmons served as director of the Natural Resources Task Force at the American Legislative Exchange Council (ALEC), was a research fellow at the Mercatus Center, and worked as professional staff on the Committee on Resources of the U.S. House of Representatives.

“Simmons is a graduate of Utah State University and George Mason University School of Law. He is a member of the Virginia State Bar.”

The Washington Post called Simmons “a conservative scholar who sharply questioned the value of promoting renewable energy sources and curbs on greenhouse gas emissions.”

DOE’s website said: In his role as Acting Assistant Secretary in the Office of Energy Efficiency and Renewable Energy (EERE), Daniel Simmons leads EERE to achieve its vision of a strong and prosperous America powered by clean, affordable, and secure energy. He oversees technology development in the energy efficiency, renewable power and sustainable transportation sectors.”

 

ORIX to Acquire 22% Ownership Stake in Ormat from FIMI and Bronicki Investments and Simultaneously Enter into Strategic Partnership with Ormat

Reno, Nevada and Tokyo, Japan, May 4, 2017 – Ormat Technologies, Inc. (NYSE: ORA) and ORIX Corporation (TSE: 8591; NYSE: IX) announced today that ORIX will acquire an approximately $627 million ownership stake in Ormat by purchasing approximately 11.0 million shares of Ormat common stock from FIMI ENRG Limited Partnership, FIMI ENRG, L.P. (collectively, “FIMI”), Bronicki Investments, Ltd. (“Bronicki”), and senior members of management, representing in the aggregate an approximately 22.1% ownership position in Ormat. The per share sale price to be paid by ORIX at closing (subject to satisfaction of customary conditions, including regulatory approvals) is $57, which was the prevailing market price at the time that ORIX, FIMI and Bronicki reached agreement on the commercial terms of their transaction. The parties expect closing (including with respect to the agreements described below) to occur in the third quarter of 2017.

Under terms of a new Commercial Cooperation Agreement between the two companies, Ormat will have exclusive rights to develop, own, operate and provide equipment for ORIX geothermal energy projects in all markets outside of Japan. In addition, Ormat will have certain rights to serve as technical partner and co-invest in ORIX geothermal energy projects in Japan. Also, ORIX will assist Ormat in obtaining project financing for its geothermal energy projects from a variety of leading providers of renewable energy debt financing with which ORIX has relationships in Asia and around the world.

Under related agreements, ORIX will have the right to designate three persons to be appointed to an expanded nine-person Ormat board of directors and also propose a fourth person to be mutually agreed by Ormat and ORIX to serve as a new independent director on the Ormat board. In addition, for so long as ORIX is entitled to board representation, ORIX will be subject to certain customary standstill restrictions, including an effective 25% cap on its voting rights. ORIX will also have certain customary registration rights with respect to the shares of Ormat common stock that it will own.

A Special Committee of the Ormat board of directors was formed to evaluate and negotiate the shareholder arrangements proposed by ORIX. The Special Committee received independent legal counsel from Davis Polk & Wardwell LLP. The agreements between ORIX and Ormat were executed by Ormat following the unanimous recommendation of the Special Committee and the unanimous approval by the Ormat board of directors.

“We are excited to partner with ORIX, one of the world’s leading diversified companies with operations in 36 countries, to advance the interests of both companies,” commented Gillon Beck, Ormat’s Chairman. “With ORIX’s significant presence around the world, access to capital and strong positioning throughout Asia, we believe Ormat can enhance and accelerate its strategic growth plans in the renewable energy market. We expect this collaboration will expand the number and quality of growth opportunities that Ormat enjoys around the world, particularly in Asia.” Mr. Beck added “These past years have been exciting ones characterized by continued growth and strategy execution. I would like to thank the devoted management and employees of Ormat for their relentless efforts. ORIX is joining an amazing company and I am confident that Ormat will continue to excel and reach new highs.”

“We are delighted to be partnering with Ormat to support the company’s expansion in the global geothermal energy market” said Mr. Yuichi Nishigori, Head of Energy and Eco Services Business Headquarters of ORIX. “As one of Asia’s leading investors in the renewable energy sector, and with a growing portfolio of renewable energy investments around the world, we recognize the importance of having clean, reliable, baseload power such as that which geothermal provides, and we believe that the geothermal sector has the potential to become an increasingly large component of the world’s overall energy mix. Given Ormat’s technological leadership and increasingly global portfolio of operations, we believe the company is well positioned to help lead this expansion, and we look forward to working with the Ormat board and existing management team to facilitate the company’s future growth and value creation.”

“Following the meetings and discussions I had with ORIX’s management in the last several weeks, I am confident that this significant cooperation agreement will support our strategic plan to expand our geographical footprint as well as technological and customer base” said Isaac Angel, Ormat’s CEO. “We expect that the comprehensive capabilities and track record of Ormat together with ORIX’s commitment to expanding the scope of its geothermal and other renewable energy activities will accelerate our growth. I look forward to leading our cooperation with ORIX on future opportunities.”

http://www.ormat.com/news/latest-items/orix-acquire-22-ownership-stake-ormat-fimi-and-bronicki-investments-and-simultaneo

 

Ormat Technologies Reports 25% Increase in Revenues for the First Quarter of 2017

Electricity Segment Expands 7.3% to Record Revenues of $115.8 million; Products Segment Up 69.5% Management Reiterates Full-Year Guidance

RENO, Nev. May 8, 2017 – Ormat Technologies, Inc. (NYSE: ORA) today announced financial results for the first quarter ended March 31, 2017.

Financial Summary:

First Quarter 2017 Highlights and Recent Developments:
• Total revenues of $189.9 million, up 25.3% compared to the first quarter of 2016;
‒ Electricity segment revenues increased 7.3% to record revenues of $115.8 million, up from $107.9 million in the first quarter of 2016;
‒ Product segment revenues increased 69.5% to $74.1 million, up from $43.7 million in the first quarter of 2016;
• Electricity generation increased 2.2%, compared to the first quarter of 2016, from 1.397 million MWh to 1.428 million MWh;
• Gross margin decreased to 39.2% compared to 42.1% in the first quarter of 2016, due to a lower margin in the Product segment;
• Operating income increased 17.7% to $59.5 million, compared to $50.5 million in the first quarter of 2016;
• Net income attributable to the company’s shareholders of $35.3 million or $0.70 per diluted share, compared to $29.3 million or $0.59 per diluted share in the first quarter of 2017;
• Adjusted EBITDA grew 14.4% to a record of $91.8 million in the first quarter of 2017;
• Declared a quarterly dividend of $0.08 per share for the first quarter of 2017;
• Product segment backlog remains strong at $207.0 million1; added approximately $30 million of new orders2;
• Closed acquisition of substantially all of the business and assets of Viridity Energy, Inc.;
• Commenced commercial operation of the first unit of the Sarulla geothermal power plant, one of the world’s largest geothermal power plants, located in Indonesia’s North Sumatra; and
• ORIX will acquire 22% ownership stake in Ormat from FIMI and Bronicki Investments and simultaneously enter into strategic partnership with Ormat. Closing is expected in the third quarter of 2017.

“This was another good quarter, benefitting from outstanding execution in both our electricity and products segment,” commented Isaac Angel, Chief Executive Officer. “As we have noted, our goal in the electricity segment has been to adjust output at our facilities to maximize efficiency, and the progress we are making in this area is evidenced by the improvement in gross margin to 43.0%. The addition of the Bouillante facility, coupled with full output again at Puna, has helped us increase revenue in the segment by more than 7%. I am encouraged with our progress in this segment.”

Mr. Angel continued, “Our products segment delivered a nearly 70% increase in quarterly sales, due to our progress in projects in New Zealand, China and Turkey. As previously indicated, several of these projects, most notably in Turkey, as well as timing issues related to product deliveries, contributed to lower gross margin which is expected to remain at similar level during 2017. As a result of the improvements we are constantly making to increase efficiencies across our operations, we delivered a record adjusted EBITDA of nearly $92 million.”

Mr. Angel continued, “We recently announced that ORIX will acquire 22% ownership stake in Ormat mainly from FIMI and Bronicki Investments. Simultaneous, we signed a commercial cooperation agreement with ORIX. We see this commercial cooperation agreement as a significant development that will enhance our strategic position, expand our geographic footprint as well as our technological and customer base. ORIX’s global reach and reputation in the energy market serves as a further validation of Ormat’s comprehensive capabilities and track record to a broader market and provides a platform to accelerate our growth.”

http://www.ormat.com/news/latest-items/ormat-technologies-reports-25-increase-revenues-first-quarter-2017

 

Enel Green Power Awards Two Stars Of Merit For Labour In Geothermal

Geothermal energy confirms itself a major resource for Tuscany. With a ceremony at Palazzo Vecchio in Florence on 1st of May, Labour Day, two Enel Green Power employees, Roberta Bianchi and Fausto Tanzini, were awarded the Star of Merit for Labour, a recognition in the field of innovation and environmental sustainability.

Roberta Bianchi, who was born in 1965 in Montecatini Val di Cecina (Pisa) and lives in Pontasserchio (Pisa), works at Enel Green Power Geothermal, Pisa as Head of support to operation and performance improvement. She is responsible for coordinating all management support activities. She joined Enel in 1986, and in over thirty years of work she has made an important contribution to the financial, management and administrative sectors applied to Geothermal. During her career she dealt with various aspects of the industrial process, from authorisation and verification of investments of new production plants, new geothermal wells and fluid transport networks, to management and control of production and maintenance programmes at plants.

Fausto Tanzini, who was born in 1957 in Castelnuovo Val di Cecina and lives in Sasso Pisano, is Head of Enel Green Power’s Geothermal Maintenance Services Electro-Regulation Team. He has worked at Enel since 1977, making an important contribution in the field of electrical and electronic maintenance, applied to geothermal energy and more generally to power generation plants, dealing in his career with various issues regarding the maintenance, upgrading and repair of electrical machinery and related equipment.

The Head of Enel Green Powers Geothermal, Massimo Montemaggi, complimented his colleagues for an important and well-deserved acknowledgment that honours the commitment and professionalism of both colleagues, the company and the geothermal areas of Pisa and Tuscany, where their professionalism was born and grew.

https://www.enel.it/en/media/news/d201705-enel-green-power-two-stars-of-merit-for-labour.html

 

Polaris Infrastructure Announces 2017 First Quarter Results

TORONTO, ON–(Marketwired – May 09, 2017) – Polaris Infrastructure Inc. (PIF.TO) (“Polaris Infrastructure” or the “Company”), a Toronto-based company engaged in the operation, acquisition and development of renewable energy projects in Latin America, is pleased to report its financial and operating results for the quarter ended March 31, 2017. This earnings release should be read in conjunction with Polaris Infrastructure’s financial statements and management’s discussion and analysis (“MD&A”), which are available on the Company’s website at www.polarisinfrastructure.com and have been posted on SEDAR at www.sedar.com. The dollar figures below are denominated in US Dollars unless noted otherwise.

HIGHLIGHTS

San Jacinto-Tizate Project Highlights

  • Strong power generation: The San Jacinto-Tizate Power Plant (the “San Jacinto project”) generated 108,894 MWh (net) (an average of 50.4 MW (net)), resulting in revenue of $13.4 million for the three months ended March 31, 2017, versus revenue of $12.6 million on generation of 105,599 MWh (net) (an average of 48.4 MW (net)) in the prior year period. The 6% revenue increase was due to higher average production in 2017 as well as the impact of the 3% annual tariff increase. Absent the impact of downtime associated with turbine maintenance, we estimate average generation and revenue for the three months ended March 31, 2017 would have been 57.4 MW (net) and $15.2 million, respectively.
  • Strong cash flow generation: Cash flow from operations of $8.9 million resulted in a net cash increase of $2.6 million in the quarter ended March 31 2017, despite the revenue impact from turbine maintenance and after deducting debt service, dividend payment and capital investments. The Company generated Adjusted EBITDA (a non-GAAP measure) of $10.9 million in the three months ended March 31, 2017, a 5% increase from the prior year period, despite the impact of planned downtime in 2017. See Use of Non-GAAP Measures section below for reconciliation of Adjusted EBITDA to Total income (loss) and comprehensive income (loss).
  • Successful conclusion of annual turbine maintenance: Comprehensive preventative maintenance was completed on the Unit 4 turbine at the San Jacinto project over the course of three weeks in February 2017. This exercise was completed on schedule and on budget, and leaves the Company well positioned for consistent turbine performance throughout 2017 and 2018, given that the Unit 3 turbine was recently serviced as well, in July 2016. We estimate that downtime associated with turbine maintenance resulted in foregone average power generation of approximately 7 MW (net) in the first quarter of 2017.
  • Commencement of 2017 Drilling Program: The Company’s wholly-owned operating subsidiary, Polaris Energy Nicaragua S.A. (“PENSA”), which owns and operates the San Jacinto project, commenced drilling of SJ 11-2 on April 29, 2017. SJ 11-2 will be an injection well, providing important additional injection capacity as well flexibility to integrate a binary unit into the San Jacinto project, which is planned for 2018 installation. PENSA plans to commence drilling of a new projection well in July 2017, after findings from various geotechnical surface studies presently underway, have been incorporated.

 

NREL Releases Mexico Market Geothermal Assessment Report

According to NREL, “This report is intended to help U.S. companies in the geothermal sector understand potential business opportunities created by recent changes in the Mexican energy market and regulatory environment.”

A copy can be downloaded at: http://www.nrel.gov/docs/fy17osti/63722.pdf

 

EU Commission clears the creation of a joint venture by STRABAG and EVN for Development of Deep Geothermal

The European Commission has approved under the EU Merger Regulation the acquisition of joint control by STRABAG SE (“STRABAG”) and EVN AG (“EVN”), both of Austria, over the joint venture Projektgesellschaft Geoenergie Bayern Projekt Garching a.d. Alz GmbH & Co. KG, of Germany. The joint venture holds the rights for the development of the deep geothermal energy project “Bruck” in Garching a.d. Alz in Bavaria, which will further develop and generate and supply electricity and district heating to third parties. Moreover, it is expected to develop other deep geothermal projects. STRABAG is active worldwide in all segments of the construction business, especially in structural, construction and civil engineering, as well as road construction. EVN is mainly active in the exploration and production of oil and gas, gas storage and distribution of electricity, gas and district heating. The Commission concluded that the proposed acquisition would not raise competition concerns given that the joint venture has no, or negligible, actual or foreseen activities within the European Economic Area. The transaction was examined under the simplified merger review procedure. More information is available on the Commission’s competition website, in the public case register under the case number M.8455.

http://europa.eu/rapid/press-release_MEX-17-1244_en.htm

 

Milestone reached in geothermal deep drilling project

The EU-funded DEEPEGS project has managed to drill 4 659 meters into a geothermal field in what is being described as a ‘significant milestone’ for the geothermal industry.

The results and lessons learned from the drilling process, which took 168 days, have just been published by the EU-funded DEEPEGS (Deployment of Deep Enhanced Geothermal Systems for Sustainable Energy Business) project whose well now has the deepest casing of any in Iceland. The work was done in two phases, the first to deepen an existing, 2 500 metre well to 3 000 metres and then to drill still further to an ultimate depth of 4 659 metres.

The project’s long-term goal is to use deep wells for highly efficient energy production, opening up new dimensions in the use of geothermal as a source. DEEPEGS needed to find supercritical fluid at the bottom of their well as this has a much higher energy content than conventional high-temperature geothermal stream resulting in a more efficient energy source – the project was able to report that it had done so.

Surmounting obstacles and gaining valuable experience

DEEPEGS explains that drilling a well this deep and hot presents challenges that are hard to overcome. As they drilled further down the complexities developed, and since this well went deeper than any that preceded it, DEEPEGS gained new insights into the type of problems that arise.

Extracting drill cores proved particularly difficult, it took 13 attempts to extract 27.3 metres and the last core to remove was at the bottom of a shaft of about 4 500 metres. Conventional drilling methods were not an option, so the project had to develop new means of tacking the challenges. All obstacles apart from the last, circulation loss, were overcome.

The project found the complete loss of circulation below 3 060 metres could not be dealt with through lost circulation materials, or by sealing the loss zone with cement. As a result, drill cores were the only deep rock samples recovered. However, as DEEPEGS set out to drill deep and extract cores, measure temperatures, search for permeability and find fluids at supercritical condition, the main objectives were reached.

So how viable is the source?

DEEPEGS believes the scope for potential utilisation will not be known until the end of 2018 when all research, including substantial well simulation and flow testing, has been conducted. But, says the project, initial indications are positive. The temperature at the bottom of the well has already been measured at 427°C, with fluid pressure of 340 bars, drill cores were retrieved, and the rocks appear to be permeable at depth. If deep, supercritical wells can produce more energy than conventional geothermal wells, fewer will be needed, resulting in the same amount of energy capture for less environmental impact.

For more information, please see: http://cordis.europa.eu/news/rcn/128148_en.html

 

Daldrup & Söhne AG receives major order for four geothermal drillings from Stadtwerke München

– Drillings are part of Stadtwerke München’s plan to provide 100% of district heating from renewable energies

Grünwald / Ascheberg, Germany, May 3, 2017 – The drilling technology and geothermics specialist Daldrup & Söhne AG (ISIN DE0007830572) has received a major order from Munich-based energy provider Stadtwerke München GmbH (SWM) to drill two geothermal doublers (four deep drillings) for the production of geothermal energy. With a value in the double-digit million range, the order is one of the largest in the company’s history. The drillings will go into a depth of more than 4,000 meters with work to start later this year. The drillings are part of SWM’s vision for district heating, which calls for Munich to be Germany’s first major city whose district heating will be generated entirely through renewable energies by 2040. Geothermal energy from hot thermal water is key to the production of this heating: Munich is located on top of vast supplies of this environmentally friendly energy, which is contained in easily permeable layers of limestone that are part of the geological layers underneath the city.

“SWM has opted for one of Europe’s most experienced geothermics specialists,” says Josef Daldrup, CEO of Daldrup & Söhne AG. “We are excited to support SWM in implementing their 100 percent renewable energies strategy, and to establish geothermal energy as a climate-friendly local heat supplier on an industrial scale for Munich with its more than one million inhabitants.”
BLM completes Environmental Assessment for Dixie Meadows Geothermal Development Project

CARSON CITY, Nev. – The Bureau of Land Management (BLM), Carson City District,  has completed an Environmental Assessment (EA) for the Dixie Meadows Geothermal Development Project. The BLM is also seeking public input under Section 106 of the National Historic Preservation Act for the Project. This includes seeking information and identifying historic properties in or near the Project area. Public comments will be accepted through June 8, 2017.

This EA analyzes the potential impacts from the proposed development of this project including the construction of up to two 30 Megawatt net rated geothermal power plants; drilling, testing, and operating up to 15 geothermal production and injection well sites and eight core hole sites; constructing and operating pipelines to carry geothermal fluid between well fields and the power plant(s)s; and constructing either a 120-kilovolt (kV) or a 230-kV gen-tie and associated structures.  The geothermal portions of the Project are located within the Combined Dixie Meadows Geothermal Unit Area.  It also contains mineral rights to 760 acres of US Navy land known as the Lamb Mineral interests.  This project is located on public lands in Churchill and Pershing Counties, Nevada.

A copy of the EA is available in the Carson City District BLM Office and on the project webpage at  https://bit.ly/2qWH2MK  Please send written comments to: Dave Schroeder, Dixie Meadows EA Project Lead, Stillwater Field Office, 5665 Morgan Mill Road, Carson City, NV 89701.  Comments may also be submitted electronically via the EA webpage (under the “Contact Information” section), via email to blm_nv_ccdowebmail@blm.gov or via fax at (775) 885-6147 with the subject heading “Dixie Meadows Geothermal Development EA”.

Before including your address, phone number, e-mail address, or other personal information in your comment, you should be aware that your entire comment-including your personal information- may be publicly available at any time. While you ask us in your comment to withhold personal identifying information from public review, we cannot guarantee that we will be able to do so. After the public review period has ended, comments will be analyzed and considered part of the decision-making process. If you have any questions, please contact Jason Wright at (775) 885-6000 or at the above address.

https://www.blm.gov/press-release/blm-completes-environmental-assessment-dixie-meadows-geothermal-development-project
Headlines

Interest in geothermal energy grows, additional well added [in Boise]

http://www.ktvb.com/news/local/interest-in-geothermal-energy-grows-addtional-well-added/436163059

Rwanda to Release New Results on Geothermal Energy Potential

http://ktpress.rw/2017/05/rwanda-to-release-new-results-on-geothermal-energy-potential/

Potential and approach to geothermal energy development in the Arctic

http://www.thinkgeoenergy.com/potential-and-approach-to-geothermal-energy-development-in-the-arctic/

EDC plans $60 million retrofit of Tongonan geothermal plan

http://www.thinkgeoenergy.com/edc-plans-60-million-retrofit-of-tongonan-geothermal-plant/

Directional drilling to kick off Geretsried geothermal project in Germany again

http://www.thinkgeoenergy.com/directional-drilling-to-kick-off-geretsried-geothermal-project-in-germany-again/

World Bank – Global Geothermal Development Plan – an update

http://www.thinkgeoenergy.com/world-bank-global-geothermal-development-plan-an-update/

College of Southern Idaho OKs Purchase of Geothermal Aquifer

http://magicvalley.com/news/local/education/csi-oks-purchase-of-geothermal-aquifer/article_bcdfcf86-9b71-5dbf-87c4-a36716872236.html?utm_medium=social&utm_source=email&utm_campaign=user-share

5 common geothermal energy myths debunked (US DOE)

https://energy.gov/eere/articles/5-common-geothermal-energy-myths-debunked

 

GEA GeoExpo+ Exhibitor Packet New Exhibitor Packet Released, US-Mexico Geo Opps Workshop a Success! (Download presentations and NREL’s Market Assessment Report), Trump Signs EO to Further Dismantle Obama Administration’s Climate Policies, DOE Secretary Perry Orders Report on Grid Reliability Within 60 Days, and More!

>Leading Stories, Releases, Solicitations

2017 GEA GeoExpo+ and GRC Annual Meeting: Exhibitor Registration Now Open! Download the NEW Exhibitor Packet for the latest inside scoop

GEA Membership: Highlight for New Level Added $250/ yr for Non-profits & Governmental Entities (More Info in Exhibitor Packet above)

US-Mexico Geothermal Opportunities Workshop a Success! (Links to Download Event Presentations & NREL’s ‘Geothermal Market Assessment Report’ Below)

Trump Signs Executive Order to Further Dismantle the Obama Administration’s Climate Policies

DOE Secretary Perry Orders Report on Grid Reliability Within 60 Days

Geothermal Industry Supports AB920 in California

California’s Cap-and Trade Program Wins in Court, Program’s Future Still Unclear 

NV Energy Exceeds Nevada’s Renewable Energy Compliance for 2016

Local Benefit From Geothermal 32 million euro [Tuscany]

AC Energy completes acquisition of Chevron’s Indonesia geothermal assets

Request for Proposals: Assessment of the GSE and EEP Geothermal Data Management Program in Ethiopia

New IGA Executive Director Announced – Dr. Marit Brommer

Daldrup & Söhne AG receives major orders of over 20 million euros for geothermal drilling in Geretsried and Bad Bellingen

ENEL Seeks Plant Operator at Fallon

Great Basin Center Seeks Research Scientist, Geoscience Data Manager

>Headlines
 
Leading Stories, Releases, Solicitations

US-Mexico Geothermal Opportunities Workshop a Success!
On April 4th, the Geothermal Energy Association (GEA) in conjunction with the Department of Energy, Institute of Americas, Department of Commerce, and National Renewable Energy Laboratory organized an “Mexico Geothermal Opportunities Workshop” focused on building relations between US entities and Mexican counterparts. High level representatives from the Mexico Ministry of Energy (SENER), CENACE, Energy Regulation Commission of CRE and CFE to Geopetrol Mexxus Company, ENAL-Mexico, Calpine Corporation, NALCO, Global Power Solutions and CPLatina convened for a day long workshop followed by a site visit to the Mexicali facility. The workshop focused on a working conversation on policy changes and development opportunities available for US entities looking to enter the Mexican market.
A full detailed article will be released in the coming weeks providing full coverage of the event and take-aways from the event!
To download the “Mexico’s Geothermal Market Assessment Report” released by the National Renewable Energy Laboratory (NREL) at the workshop please click on the following link: http://www.nrel.gov/docs/fy17osti/63722.pdf
Presentations from the event can be downloaded via the following link: http://bit.ly/2o6ePmq


 
Trump Signs Executive Order to Further Dismantle the Obama Administration’s Climate Policies
On March 28, President Trump signed an executive order directing his administration to begin undoing several more of the Obama administration’s climate change policies. The order’s most prominent target is the Clean Power Plan, which required states to meet individual carbon emission reduction goals and is a key policy in the U.S. effort to meet its obligations under the 2015 Paris Climate Agreement. “My administration is putting an end to the war on coal,” said Trump at the signing of the order at EPA headquarters, at one point turning to a group of coal miners in attendance and declaring, “You’re going back to work.” The order instructs federal regulators to stop using the “social cost of carbon” in their economic analyses of future environmental rules. Trump’s signature also lifted a ban on coal leasing on federal lands, halted rules limiting methane leaks from oil and gas facilities, and rescinded multiple presidential memos meant to integrate climate action across numerous federal agencies. The EPA’s underlying endangerment finding naming greenhouse gas emissions a threat to public health and U.S. involvement in the Paris Agreement both went unaddressed in the order, but are viewed as major targets by the administration.
For more information see: PoliticoReutersNew York Times
Source: EESI
 
DOE Secretary Perry Orders Report on Grid Reliability Within 60 Days
 
In a surprise move, DOE Secretary Perry instructed his chief of staff, in writing, to prepare an immediate study of grid reliability and baseload power resources.  His memo to the Chief of Staff reads as follows:
“At the most recent G7 Energy Ministerial, my colleagues discussed the need for an energy transition utilizing greater efficiency and fuel diversity. There was also notable concern about how certain policies are affecting, and potentially putting at risk, energy security and reliability. It impressed upon me that the United States should take heed of the policy choices our allies
have made, and take stock of their consequences.
 
A reliable and resilient electric system is essential to protecting public health and fostering economic growth and job creation. The U.S. electric system is the most sophisticated and technologically advanced in the world. Consumers utilize heating, air conditioning, computers, and appliances with few disruptions. Nonetheless, there are significant changes occurring within the electric system that could profoundly affect the economy and even national security, and as such, these changes require further study and investigation.
 
Baseload power is necessary to a well-functioning electric grid. We are blessed as a nation to have an abundance of domestic energy resources, such as coal, natural gas, nuclear, and hydroelectric, all of which provide affordable base load power and contribute to a stable, reliable, and resilient grid. Over the last few years, however, grid experts have expressed concerns about the erosion of critical baseload resources.
 
Specifically, many have questioned the manner in which baseload power is dispatched and compensated. Still others have highlighted the diminishing diversity of our nation’s electric generation mix, and what that could mean for baseload power and grid resilience. This has resulted in part from regulatory burdens introduced by previous administrations that were designed to decrease coal-fired power generation. Such policies have destroyed jobs and economic growth, and they threaten to undercut the performance of the grid well into the future.
 
Finally, analysts have thoroughly documented the market-distorting effects of federal subsidies that boost one form of energy at the expense of others. Those subsidies create acute and chronic problems for maintaining adequate baseload generation and have impacted reliable generators of all types.
 
Each of these and other related issues must be rigorously studied and analyzed, and the Department of Energy is uniquely qualified for the task. The results of this analysis will help the federal government formulate sound policies to protect the nation’s electric grid. In establishing these policies, the Trump Administration will be guided by the principles of reliability, resiliency, affordability, and fuel assurance-principles that underpin a thriving economy.
 
I am directing you today to initiate a study to explore critical issues central to protecting the
long-term reliability of the electric grid, using the full resources and relationships available to the Department. By Wednesday, April 19, 2017, present to me an implementation plan to complete this study 60-days from that date, that will explore the following issues:
* The evolution of wholesale electricity markets, including the extent to which federal policy interventions and the changing nature of the electricity fuel mix are challenging the original policy assumptions that shaped the creation of those markets;
* Whether wholesale energy and capacity markets are adequately compensating attributes such as on-site fuel supply and other factors that strengthen grid resilience and, if not, the extent to which this could affect grid reliability and resilience in the future; and
* The extent to which continued regulatory burdens, as well as mandates and tax and subsidy policies, are responsible for forcing the premature retirement of baseload power plants.
 
I have committed to the President that this report will not only analyze problems but also provide concrete policy recommendations and solutions. I also committed to the President that I will do everything within my legal authority to ensure that we provide American families and businesses an electric power system that is technologically advanced, resilient, reliable, and
second to none.”
Geothermal Industry Supports AB920 in California
 
The Geothermal Energy Association applauded the introduction of AB 920 in the California legislature.  “AB 920 will help California develop a portfolio of electricity resources that is balanced, while minimizing costs and emissions, GEA’s Western Issues Representative Rhonda Mills said in a letter to the Assembly Committee on Utilities and Energy.
The legislation would help ensure a diversity of renewable resources, and help the state achieve its renewable goals.  Mills explained “… the pace of development also created issues for system reliability and, ironically, emissions reduction efforts. AB 920 helps ameliorate those issues in several ways:
1) By putting more baseload renewables onto the power grid, California will reduce the amount of natural gas energy needed for baseload power and to balance the power grid. That will reduce greenhouse gas and air pollution emissions, and help avoid unnecessary integration costs.
2) It will reduce curtailment of variable resources, like solar and wind.
3) It will help variable renewables to be dispatched more economically and avoid inefficient operations.”
According to California Legislative Information:
 “The California Renewables Portfolio Standard Program requires the Public Utilities Commission to establish a renewables portfolio standard requiring all retail sellers, as defined, to procure a minimum quantity of electricity products from eligible renewable energy resources, as defined, so that the total kilowatthours of those products sold to their retail end-use customers achieves 25% of retail sales by December 31, 2016, 33% by December 31, 2020, 40% by December 31, 2024, 45% by December 31, 2027, and 50% by December 31, 2030. The program additionally requires each local publicly owned electric utility, as defined, to procure a minimum quantity of electricity products from eligible renewable energy resources to achieve the procurement requirements established by the program. The program, consistent with the goals of procuring the least-cost and best-fit eligible renewable energy resources that meet project viability principles, requires that all retail sellers and local publicly owned electric utilities procure a balanced portfolio of electricity products from eligible renewable energy resources, as specified, referred to as the portfolio content requirements.This bill would require, for the compliance period ending December 31, 2024, and for each compliance period thereafter, that not less than 20% of the electricity products procured by a retail seller through renewable energy resource contracts executed on or after June 1, 2010, are for renewable baseload generation, as defined, and meet a specified product content requirement.”
California’s Cap-and Trade Program Wins in Court, Program’s Future Still Unclear 
By VanNess Feldman (Reprinted with Permission)
For climate policy advocates, California has been a kind of sanctuary state, unflagging in its commitment to ambitious mitigation strategies even as the Trump Administration moves to unwind programs at the federal level. In 2016, the California Legislature enacted an aggressive target for the state: reduce greenhouse gas (GHG) emissions 40 percent below 1990 levels by 2030. However, the state’s climate policies have been subject to ongoing judicial and legislative uncertainty.
On April 6, 2017, a California appellate court lifted one of those clouds of uncertainty, issuing a 2-1 decision that preserves the state’s landmark cap-and-trade program – at least through 2020. California Chamber of Commerce v. CARB. Thereafter, the fate of the cap-and-trade program is in the hands of the California Legislature, which is considering whether cap-and-trade will play a role in the state’s future climate policies – and, if so, in what form. This Alert summarizes the CARB court decision and describes the legislative activity underway.
Click here to read the full text of the Alert on our website – http://www.vnf.com/californias-cap-and-trade-program-wins-in-court 
Van  Ness Feldman represents clients in California on a range of environmental, climate, and energy matters and participates actively in proceedings at the California Air Resource Board.  For more information, please contact Kyle Danish or any member of the firm’s Environmental practice.
NV Energy Exceeds Nevada’s Renewable Energy Compliance for 2016
 
NV Energy has filed its state mandated 2016 Renewable Portfolio Standard Annual Report with the Public Utilities Commission of Nevada, showing that the company achieved a 22.2 percent renewable credit level in southern Nevada and 26.6 percent level in northern Nevada.
This is the seventh year in a row that NV Energy has exceeded the state’s renewable energy mandate. The 2016 legislated requirement is 20 percent, based on total retail energy sales.
The company also announced that its customers now benefit from 43 separate renewable energy projects in Nevada, with four more universal solar projects that are in the development or construction phase.
With the recent shutdown of the coal-fueled Reid Gardner Generating Station, coal is now only used for approximately 6 percent of NV Energy’s generation, with the majority of energy coming from Nevada-based natural gas power plants.
The company is continuing to cut back on coal-fueled generating, while increasing its renewable energy portfolio without raising rates. Customer rates today are at levels similar to rates in 2007. A 2016 year-end comparison done by the U.S. Energy Information Administration, recently reported that Nevada’s average retail price for all customers was 10 percent lower than the Mountain states, 18 percent lower than the U.S. average, and 45 percent lower than electricity users in California.
The majority of NV Energy’s renewable energy portfolio credits comes from geothermal resources, but solar resources now represent nearly a third of the total renewable energy resources.
Today NV Energy customers are served by 19 geothermal energy plants, 14 universal-scale solar fields, six hydro projects, five biomass or methane projects and one wind farm. In total, these projects represent more than 1,460 megawatts of nameplate renewable energy capacity. If all were operating at the same time they would generate enough energy to serve more than 875,000 typical homes in Nevada.
Four large-scale solar projects from previously awarded long-term contracts are in the development or construction phase. They include the 100-megawatt Switch Station 1 and the 79-megawatt Switch Station 2, both are located north of Las Vegas are slated to be operational in 2017. The 100-megawatt Techren Solar Energy Project in Boulder City is in the construction stage and expected to be operational in 2018, and the 200-megawatt Techren Solar Energy Project 2 is pending regulatory approval.
Local Benefit From Geothermal 32 million euro [Tuscany]
 
According to Enel Green Power the intermunicipal agreement between geothermal areas would have earned about 100 millionover three years. They involve three new municipalities
POMARANCE – Two years after signing the first protocol entirely “local content,” signed in June 2015 by Enel Green Power and Geothermal municipalities of the so-called traditional area (Pomarance, Castelnuovo Val di Cecina, Monteverdi Marittimo, Monterotondo Marittimo, Radicondoli Chiusdino ) the results of the Agreement continue to show positive signs.
During the annual meeting with the participation of the heads of Enel Green Power, the mayors, the provisional figures, temporary figures speak of 32 million economic impact in 2016 benefitting businesses of geothermal areas, accounting for 21 per cent of the total procurement in geothermal energy, growth compared to previous years (15 percent in 2014; 19 percent in 2015).
In total, over the past three years we have been 100.1 million euros returning o geothermal areas of Tuscany. Also, they are ongoing works for the construction of geothermal plants in Chile and Germany involving two Associated Tuscan companies for a total of about 25 million euro.
During the meeting it was also stated that in 2017, as well as in the next few years, the trend of investments and economic impact on the territories also depend on the ability of companies to continue the process of growth and specialization, with particular reference to the sector electromechanical , but also by the political and institutional decisions in matters of zoning and possible development of geothermal energy in Tuscany.
AC Energy completes acquisition of Chevron’s Indonesia geothermal assets
 
AC Energy Holdings, Inc., a wholly-owned subsidiary of Ayala Corporation, and as part of an Indonesian consortium, completed the purchase and acquisition of Chevron’s geothermal assets and operations in Indonesia. The Indonesia consortium consists of AC Energy (with 19.8% economic stake), Star Energy Group Holdings Pte. Ltd., Star Energy Geothermal Pte. Ltd., and Electricity Generating Public Company Ltd. and the acquisition was made through their joint venture company, Star Energy Geothermal (Salak-Darajat) B.V. The Indonesia assets and operations include the Darajat and Salak geothermal fields in West Java, Indonesia, with a combined capacity of 637MW of steam and power.
AC Energy is the Ayala Group’s business arm in the energy sector, with investments in renewable energy and conventional power plants. AC Energy is a fast growing regional energy platform with development, operations and retail supply capabilities.
Request for Proposals: Assessment of the GSE and EEP Geothermal Data Management Program in Ethiopia
Opportunity Dates: March 31, 2017 – April 21, 2017
The Government of Ethiopia (GoE) is aggressively working to develop their nation’s 7,000 MW geothermal resources. GoE has set a target generating capacity of 2,500 MW from geothermal resources by 2030. In order to support the GoE’s objectives, the United States Government (USG), through the Power Africa Initiative, has been collaborating with the private sector and other development finance institutions (DFIs) to accelerate the development of Ethiopia’s geothermal resources.
In 2016 the GoE passed into legislation the Geothermal Resources Development Proclamation (GRDP). The new law set forth regulation regarding the country’s geothermal resources. The proclamation called for the creation of a new geothermal entity, one that brought together the geothermal directorate of the Geological Survey of Ethiopia (GSE) and the geothermal projects team of Ethiopia Electric Power (EEP). The new geothermal entity will report directly to the Ministry of Water, Irrigation and Electricity (MoWIE). With the creation of a new geothermal entity comes the creation of new internal policies and procedures regarding geothermal data management. It is therefore essential that intervention take place during the entity’s early stages to properly align new internal data policies and procedures with international best practices in geothermal data management programming.
This consultancy, funded by the U.S. – East Africa Geothermal Partnership, aims to improve GSE and EEP’s geothermal data management system. The consultant will 1) provide the geothermal entity of GSE and EEP with an introduction to Geothermal Data Management 2) assess the current Geothermal Data Management Systems and Procedures 3) develop a report outlining the completed assessment and corresponding recommendations 4) provide ongoing consultancy services to the GSE and EEP geothermal entity.
EVALUATION CRITERIA AND CONTRACT MANAGEMENT/OVERSIGHT
Evaluation of proposals will be conducted by a stakeholder review team on a Quality and Cost-Based Selection (QCBS) basis with a Cost weight of 30% and Quality weight of 70%.  Contract management, oversight and payment will be carried out by the United States Energy Association (USEA).
CONTRACT TYPE
This contract will be awarded as a fixed price contract.
DEADLINE FOR SUBMISSION
Proposals must be submitted no later than 5:00 PM PDT on April 21, 2017.
Please visit https://www.usea.org/publication/request-proposal-assessment-gse-and-eep-geothermal-data-management-program-ethiopia  for more information on parameters and additional information.
For any questions or clarifications about this consultancy, please contact Ms. Ashley Ndir at andir@usea.org.  Please submit questions prior to 5:00pm April 14, 2017.  All questions and answers shall be made public on the USEA website on April 17th so that all interested parties are fully informed.
New IGA Executive Director Announced – Dr. Marit Brommer
 
Having started this week, Marit Brommer, a Dutch national joins the Secretariat team at the International Geothermal Centre (GZB) at Bochum University.
 With a decade of experience in the Oil & Gas Industry, she comes with a strong experience in operational offshore drilling at Total, and leading global R&D deployment projects at Shell. Prior to her Industry years she completed her PhD at the TU Delft (Nl) in Reservoir Geology and worked as a consultant at Royal Haskoning in the UK.
 “I am very excited to join IGA and honoured and proud to serve as the new Executive Director of the IGA, looking forward to collaborating with the Board and Secretariat the coming years to raise IGA´s profile, strengthen our activities, and increase the visibility of the Geothermal Industry at regional, national and multilateral level. The world is transitioning into a low-carbon society at a fast pace and I am determined to make Geothermal energy play a fundamental role in the future energy mix. I am looking forward to meeting as many of IGA´s members, partners and alliances in-person and through conference calls and video events in the coming months.”, said Marit Brommer.
 The International Geothermal Association plays an important role for the geothermal sector globally, promoting, informing and also rallying support to help with the development of geothermal projects worldwide. As an association of associations, IGA represents national geothermal associations, but also individual and corporate members.
 Alexander Richter, President of IGA: “I am very glad that we were able to attract an outstanding individual with a strong and corporate professional experience to lead the activities of IGA in times where we are planning to strengthen our efforts in the promotion and representation of geothermal energy. With current efforts on re-evaluating the association’s strategy and operations, and an increasing role towards national and multilateral organisations and efforts, such as the World Bank, IRENA, the REN Alliance and others, it is important to have a strong operational team within the Secretariat. IGA is grateful for the ongoing support of Germany in hosting the Secretariat.”
 Rolf Bracke, Director of GZB: “Thanks to the NRW-Government and EU-funding we are able to continue hosting of the IGA Secretariat as an international technology and know-how platform. We are certain that Marit Brommer is an excellent choice for guiding the Secretariat and the global geothermal industry into this important era for a broad implementation of climate protection technologies”.
 To learn more about IGA, visit the Association’s website at www.geothermal-energy.org
Contact: Marit Brommer: IGA Executive Director; Ph: +49 2343210712 | IGA@hs-bochum.de  Website: http://www.geothermal-energy.org
Daldrup & Söhne AG receives major orders of over 20 million euros for geothermal drilling in Geretsried and Bad Bellingen
 
– Daldrup is using the integrated insurance model for the first time in Germany
– Thermal water drilling for spa management Bad Bellingen
Grünwald / Ascheberg, March 27, 2017 – Daldrup & Söhne AG (ISIN DE0007830572) has received the order from the Enex geothermal energy project Geretsried Nord GmbH & Co. KG, Gelting Drilling holes for thermal water. The contract value is approx. EUR 19 million. In this project, Daldrup is implementing for the first time in Germany the integrated insurance model, which has already been successfully deployed abroad, in order to hedge the risk of discovery. Taking into account the research project “Dolomitkluft”, the 6036 m borehole, which was constructed in Geretsried in 2013, is to be made economically viable. For this purpose, a sidetrack is to branch off from the existing main borehole and through a modified bore path to 5. 700 m to the geothermal reservoir. A second well is to open the reservoir at a depth of 4,900 m. The geological and seismic preliminary investigations as well as the insights gained from the drilling drilled in 2013 show structures that allow an adequate water quantity (bed) to be reached in addition to already secured temperatures of 160 degrees Celsius. If such a liquidity exists, the customer plans the erection of a geothermal power plant. In addition to already secured temperatures of 160 degrees Celsius also a sufficient quantity of water (bulk).
 In this project, Daldrup & Söhne AG is using the Alternative Risk Transfer (ART) structure, which has been newly developed especially for the purpose of hedging the risk of discovery risks. This represents a unique integrated backup model that enables geothermal drilling and energy projects within a reinsurance structure by making it possible to finance them through debt at an early stage of the project. In addition to hedging the liquidity risks, the capital requirements of the clients are significantly reduced during the search phase. Enex finances the energy project with the involvement of an international bank.
Josef Daldrup, CEO of Daldrup & Söhne AG, explains: “The geothermal energy project in Geretsried is the first integrated project of this kind in Germany, with the successful implementation we have an exemplary reference project in the Netherlands. We assume that we will acquire further geothermal energy projects with our ART structure in Germany as well as in our European neighboring countries. Geothermal drilling – including the first drilling that carries the highest risk – is for our equity capital investors and banks with our ART structure can be backed up right from the start. “
Thermal water drilling in Bad Bellingen
Daldrup & Söhne AG has received a drill survey for thermal water at a depth of about 1,200 meters from Bad Bellingen spa management. The total project costs are estimated by the client with approx. EUR 3.8 million. The drill stop took place in early March. From the depth of 70 degrees hot water is promoted, that is provided to the bath Bellinger thermal bath. The residual heat is to be used for the heating of another thermal spa, thus reducing energy costs.
ENEL Seeks Plant Operator at Fallon
 
Overview: The Geothermal Power Plant Operator is qualified through the facilities qualification program to operate the Salt Wells Geothermal Facility, and perform outside operations of the Stillwater Geothermal, Stillwater Solar, and Stillwater CSP at the direction of the Control Room operator and Operations Supervisor. They are responsible for the safe and efficient operation of the geothermal power plant equipment for which they have qualified. The Geothermal Power Plant Operator will read and record all parameters associated with an operating power plant and geothermal well field and Perform outside Duties as assigned.
Great Basin Center Seeks Research Scientist, Geoscience Data Manager
Position Summary:
This position will be based in the Great Basin Center for Geothermal Energy within the Nevada Bureau of Mines and Geology at the University of Nevada, Reno. The position will be responsible for collecting, compiling, cataloguing, maintaining and publicly-disseminating information related to Nevada’s geothermal resources, including geotechnical reports, well datasets, geological, geophysical and hydrological data, and core samples from geothermal drilling in Nevada.
Headlines

Enel hooks to Chilean grid 48-MW geothermal plant

Pertamina to open geothermal tourism village in Kamojang, West Java

French EDF says it is committed to renewable energy and geothermal in its activities

Iceland magma drilling project may revive giant UK power cable link

Taipei Government urged to use geothermal energy sources
 

Trans-Asia to rename with new strategic focus on geothermal development in Philippines

Pertamina ready to take over development of Ciremai geothermal project, Indonesia

Engineers drill world’s hottest well hoping for clean energy eruption

Tanzania planning to reach up to 200 MW of geothermal capacity by 2025
 

Private Olsuswa geothermal project in Kenya to start early exploration work

Malaysia’s 1st Geothermal Power Plant In The Making
 
South Halmahera to have geothermal power plant [Indonesia]
 
Is Geothermal competitive in the current market of low-cost renewables?
 
Geothermal from abandoned oil wells – initiative finalist in 2017 MIT Clean Energy Prize
 
Star Energy Closes Deal for Chevron’s Salak, Darajat Geothermal Plants
 

GEA Hosts CA Capitol Briefing, One of the World’s Largest Geothermal Power Plants Commences Commercial Operation, Trump issues Executive Order on Climate Change and more!

>GEA Notes
GEA GeoExpo+ and GRC Annual Meeting: Share your leading innovation. Exhibit at the largest annual geothermal energy trade show in the world. More info including exhibitors to-date here: www.geothermalexpo.org or contact Rani@geo-energy.org, +1 (202) 454-5261
GEA Hosts California Capitol Briefing, also Urges Secretaries Perry and Zinke to Support Geothermal (full story below!)
>Leading Stories, Releases, Solicitations
One of the World’s Largest Geothermal Power Plants Commences Commercial Operation
GEA Hosts California Capitol Briefing, also Urges Secretaries Perry and Zinke to Support Geothermal
Seventeen House Republicans Break Away from Party, Push for Climate Action
Defense Secretary Mattis Declares Climate Change a Threat to National Security
President Trump Issues Executive Order on Climate Change
Zinke appoints BLM acting head at agency in ‘energy business’
Feasability Study Proves Geothermal Potential On St Kitts as Government Considers Way Forward
Construction of Muara Laboh Geothermal Power Plant in Indonesia Commences
How California Can Expand U.S. Geothermal Energy Production
IIC supports the development of the first geothermal power project in South America
EIB signs extensive support for Kenyan energy and transport
WWF, Arun to develop geothermal energy in Flores
Grenada receives grant for geothermal energy development
US DOE Issues Geothermal Office Annual Report.
>More Headlines
 
Leading Stories, Releases, Solicitations

One of the World’s Largest Geothermal Power Plants Commences Commercial Operation
First Unit of the Sarulla Geothermal Power Plant Starts to Provide Indonesia with 110 MW of Clean, Renewable Energy; Plant combines Toshiba’s flash and Ormat’s binary technologies to maximize efficiency
RENO, Nevada, March 21, 2017, TOKYO, March 22, 2017- Toshiba Corporation (TOKYO: 6502) and Ormat Technologies Inc. (NYSE: ORA) today announced that the first unit of the Sarulla geothermal power plant, one of the world’s largest power plants, located in Indonesia’s North Sumatra, has commenced commercial operation.
The approximately 110 MW power plant, which combines flash and binary technologies to provide a high efficiency power plant and 100% reinjection of the exploited geothermal fluid, is operated by Sarulla Operations Ltd. (SOL). As participants in the project, Toshiba supplied the geothermal steam turbines and generators (STGs) for the flash systems, while Ormat provided the conceptual design of the Geothermal Combined Cycle Unit (GCCU) power plant and supplied its Ormat Energy Converter (OEC), which serve as the condensing units for the steam turbines and utilize the separated brine for maximum resource exploitation and maximum power output. Toshiba and Ormat will continue to collaborate strategically on global promotion of highly-efficient geothermal combined cycle flash and binary systems, and both companies continue to seek to utilize and promote renewable energy globally.
Commenting on the official start, Mr. Takao Konishi, Vice President of Toshiba’s Energy Systems & Solutions Company said, “We are very proud to have installed our highly reliable geothermal STGs in one of the world’s largest geothermal power plants. Toshiba has the number one market share in the geothermal sector. We continue to support development of power and infrastructure solutions in Indonesia.”
Isaac Angel, Ormat’s CEO, added, “The commencement of commercial operation at Sarulla is a significant milestone for Ormat, both as an owner of SOL and as a supplier of our 25-year-proven binary technology. The Sarulla supply contract is the largest single contract that Ormat has signed to date. We manufactured and delivered our equipment ahead of schedule, mainly due to the improvements implemented across our entire value chain and to our professional teams. We continue to share our expertise as work continues on the second and third units of the Sarulla project that are expected to come on line by 2017 and 2018, respectively. Ormat’s proven GCCU technology, which was also utilized in the Sarulla reservoir, will assure optimal and sustainable utilization of the resource to deliver to Indonesia clean, cost effective and baseload capacity.”
Toshiba and Ormat have fostered a cooperative relationship through the Sarulla project. After signing a Strategic Collaboration Agreement in 2015, the companies also won orders to supply STG and OEC, respectively, for Unit 2 of the Kizildere III Geothermal Combined Cycle Unit Power Plant in Turkey. This project is now making smooth progress.
GEA Hosts California Capitol Briefing, also Urges Secretaries Perry and Zinke to Support Geothermal
GEA Western Issues Representative Rhonda Mills led a successful group effort to host a Legislative and Agency Staff Briefing in the California State Capitol March 23rd.  The program featured a presentation that highlighted the tremendous  and often unrecognized  values of geothermal energy to the State as well as the challenges it faces today.
Participants included representatives of the Governor’s Office of Economic Development, California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA), Office of Governmental and Environmental Relations at the Department of Conservation, California Energy Commission’s Office of Commissioner Hochschild, and several legislative offices and committee staff.
At the program, Carl Zichella of the Natural Resources Defense Council made supportive comments about geothermal, and an expert presentation prepared with support from US Geothermal’s Scott Nichols, Kevin Kitz and Ian Warren was shown.
Additionally, Jim Caldwell, CEERT, made a key presentation on his geothermal study findings that put the point on the GEA assertion that the value of geothermal to California is not properly recognized.  Also Paul Brophy and Steve Ponder from GRC attended the program. And, the effort was supported by John White of CEERT, and Julia Kingsley and Justin Malan of EcoConsult.
Meanwhile in Washington, GEA President Doug Glaspey wrote to both Energy Secretary Perry and Interior Secretary Zinke. He wrote Secretary Perry, “to express our support for DOE’s geothermal research efforts and strong belief that “Geothermal Energy is Good for America.”  He stressed, “DOE’s Geothermal Technologies Office is central to US leadership in geothermal science and technology.”
In the letter to Interior Secretary Zinke Glaspey pointed out the substantial local economic benefits of geothermal power, but noted how the government created serious obstacles to achieving those benefits.  “Frankly, geothermal has become a poster-child of government delay, and despite the desire for more domestic renewable energy, it is much easier to permit drilling for either oil & gas or mining projects than geothermal projects,” the letter stated.
“We hope these letters begin a dialogue with the Secretaries of Energy  and Interior,” GEAs President noted.
Seventeen House Republicans Break Away from Party, Push for Climate Action
On March 15, a group of 17 House Republicans broke from the majority position of their party and introduced a resolution calling for climate change solutions. Spearheaded by Rep. Elise Stefanik (NY), Rep. Carlos Curbelo (FL), and Rep. Ryan Costello (PA), H. Res. 195 acknowledges humanity’s role in causing climate change and calls for a commitment to “mitigation efforts and efforts to balance human activities that have been found to have an impact.” The resolution suggests that the United States should seek economically viable solutions that include both private and public sector solutions. It also states that clean energy investment and innovation are critical to both job creation and addressing climate change. This resolution is similar to one introduced in 2015 by former Rep. Chris Gibson (R-NY). While the new resolution has the momentum of the Paris Agreement on its side, it will likely face resistance from the White House. The other signatories include Representatives Amodei (NV), Bacon (NE), Comstock (VA), Faso (NY), Fitzpatrick (PA), Katko (NY), Love (UT), Ros-Lehtinen (FL), LoBiondo (NJ), Mast (FL), Meehan (PA), Reed (NY), Reichert (WA), and Sanford (SC).
Source: EESI.org
For more information see:  The HillBloomberg
Defense Secretary Mattis Declares Climate Change a Threat to National Security
In newly-released written testimony taken during his confirmation hearing with the Senate Armed Services Committee, Secretary of Defense James Mattis explained that climate change is an imminent and significant threat to national security. He stated that “climate change is impacting stability in areas of the world where our troops are operating today,” and that “it is appropriate for the Combatant Commands to incorporate drivers of instability that impact the security environment in their areas into their planning.” Mattis’s longstanding view is that the military should reduce fossil fuel use and employ more renewable energy due to various strategic and operational factors, including climate change. During other parts of the testimony, Mattis made clear that “increased maritime access to the Arctic, rising sea levels, desertification” and other climate impacts play a role in U.S. security. “I will ensure that the department continues to be prepared to conduct operations today and in the future, and that we are prepared to address the effects of a changing climate on our threat assessments, resources, and readiness.”
Source: EESI
For more information see: ProPublicaThe Hill
President Trump Issues Executive Order on Climate Change
Drawing immediate criticism and praise, President Trump Issues a new Executive Order that will require the EPA and other federal agencies re-think the Clean Power Plana and their approach to energy and climate change.
That Order begins:
“EXECUTIVE ORDER
– – – – – – –
PROMOTING ENERGY INDEPENDENCE AND ECONOMIC GROWTH
By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered as follows:
Section 1.  Policy.  (a)  It is in the national interest to promote clean and safe development of our Nation’s vast energy resources, while at the same time avoiding regulatory burdens that unnecessarily encumber energy production, constrain economic growth, and prevent job creation.  Moreover, the prudent development of these natural resources is essential to ensuring the Nation’s geopolitical security.
(b)  It is further in the national interest to ensure that the Nation’s electricity is affordable, reliable, safe, secure, and clean, and that it can be produced from coal, natural gas, nuclear material, flowing water, and other domestic sources, including renewable sources. 
(c)  Accordingly, it is the policy of the United States that executive departments and agencies (agencies) immediately review existing regulations that potentially burden the development or use of domestically produced energy resources and appropriately suspend, revise, or rescind those that unduly burden the development of domestic energy resources beyond the degree necessary to protect the public interest or otherwise comply with the law. 
(d)  It further is the policy of the United States that, to the extent permitted by law, all agencies should take appropriate actions to promote clean air and clean water for the American people, while also respecting the proper roles of the Congress and the States concerning these matters in our constitutional republic.
(e)  It is also the policy of the United States that necessary and appropriate environmental regulations comply with the law, are of greater benefit than cost, when permissible, achieve environmental improvements for the American people, and are developed through transparent processes that employ the best available peer-reviewed science and economics.”

Zinke appoints BLM acting head at agency in ‘energy business’

Interior Secretary Ryan Zinke announced his selection of Bureau of Land Management careerist Mike Nedd as the agency’s new acting director.
Feasability Study Proves Geothermal Potential On St Kitts as Government Considers Way Forward 
Basseterre, St. Kitts, (SKNIS): A feasibility study done by Teranov, a French engineering and services company for new and renewable energy based in Guadeloupe, has proven that there is potential in St. Kitts to develop at least 18 to 36 megawatts of geothermal power.
Speaking at the conclusion of a two day meeting of geothermal stakeholders, which was held at the Ministry of Finance Conference Room in St. Kitts from March 21- 22, Minister of Public Infrastructure, Honourable Ian Patches Liburd, hailed the findings as “heartening” but that the government is to consider the way forward.
Minister Liburd said that the meeting was convened with other stakeholder representatives including His Excellency Dr. Vince Henderson, Ambassador, Extraordinary and Plenipotentiary of the Commonwealth of Dominica to the United States; Jacques Chouraki, President of Teranov; Dr. Devon Gardner, Programme Manager for Energy at the Caribbean Community (CARICOM) Secretariat;Joseph Williams, Sustainable Energy Advisor at the Caribbean Development Bank (CDB); representatives from the St. Kitts Electricity Company Ltd (SKELEC), Ministry of Finance, Office of the Attorney General, and private sector “as it relates to solidifying our roadmap in respect of our geothermal development here on St. Kitts and in Nevis with particular focus on the development on St. Kitts.”
“We have so far done the 3G studies-the geological, geophysical and geochemical studies or the surface studies…there is potential on St. Kitts to develop at least 18 to 36 megawatts of geothermal power and that’s heartening for us here in St. Kitts and Nevis,” said Minister Liburd, while indicating that the next step is to consider the way forward for slim-hole and exploration drilling.
Minister Liburd said that the government received a draft geothermal agreement from its partners for which Cabinet decided that there should be an independent review. According to the minister, the government consulted with the CARICOM and the CDB.
“Where we are right now in terms of the next steps, next set of actions and timelines, we have agreed today that we would restructure the geothermal agreement and we have put a timeline on that to be completed by the end of June this year. We also have agreement in terms of the provision of a business plan and financial model from Teranov. We would in terms of the joint venture company arrangements consider the shareholder agreement issues that deal with decision-making; and the commercial issues are key business points in some reform and indeed we did agree on the way forward as it relates to…development of this resource on St. Kitts,” Minister Liburd said.
He said it was necessary to have further discussions because any agreement signed off on has to bear in mind that government owns the land, the utility called SKELEC and the government will own the resource.
Minister Liburd said that whatever comes out of the agreement has to “ensure we protect the best public interest” and “there must be real benefit for the end consumer.
In November 2015, Teranov began geothermal exploration exercises in the Sandy Point area around Brimstone Hill, going to the top of Mount Liamigua.  Five geoscientists were in St. Kitts conducting feasibility studies in geophysics, geology and geochemistry. President of Teranov, Jacques Chouraki, said then that the prospects for geothermal energy on St. Kitts were promising.
In September 2015, Minister Liburd signed a Memorandum of Understanding (MOU) with Teranov, which includes a road map that can possibly see the production of geothermal energy in 2020.
Minister Liburd has underscored the point that fossil fuel costs are very exorbitant and that “if we are going to continue our development and if we are going to ensure economic growth” that the Government must adopt a policy of renewable energy because “we are blessed with sunshine, we are blessed with wind and in the federation of two islands we have two volcanoes.”
Construction of Muara Laboh Geothermal Power Plant in Indonesia Commences
Sumitomo Corporation (head office: Chuo-ku, Tokyo; President & CEO: Kuniharu Nakamura), has been jointly engaged with PT. Supreme Energy (head office: Jakarta; CEO: Mr. Supramu Santoso), a private Indonesian geothermal power generation project developer, and Engie (head office: Paris; CEO: Ms. Isabelle Kocher), a leading global energy company, for the development of the Muara Laboh geothermal power project (hereinafter, “the Project”) located in the West Sumatra Province of Indonesia. Having met the required conditions precedent for project financing, the Project commenced construction on March 24, 2017.
No Japanese company has ever been involved in the development of an Indonesian geothermal power project from as early a stage as Sumitomo Corporation has in the Project. Under a long-term power purchase agreement for 30 years with the project company PT. Supreme Energy Muara Laboh and PT. PLN (Persero), the Indonesian state-owned electricity utility, the Project will be able to offer a generation capacity of 80 megawatts. Total costs will amount to approximately 70 billion yen, and commercial operation is scheduled to commence in October 2019.
The engineering, procurement and construction (EPC) contract was awarded to the consortium of Sumitomo Corporation and PT. Rekayasa Industri, with the main equipment such as geothermal steam turbine and generator to be supplied by Fuji Electric Co., Ltd. In addition to capital investments, the Project will be co-financed through project financing by Japan Bank for International Cooperation (JBIC), Asian Development Bank (ADB), Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation, The Bank of Tokyo-Mitsubishi UFJ, Ltd., and the Leading Asia’s Private Infrastructure Fund (LEAP: A trust fund jointly established by ADB and the Japan International Cooperation Agency (JICA)). Financing by Japanese commercial banks will be covered by overseas untied loan insurance offered by the Nippon Export and Investment Insurance (NEXI). The Project is thus being undertaken by the consolidated efforts of Japanese companies.
Indonesia has the second largest amount of potential geothermal power resources in the world, with a total potential of around 29,000 megawatts, of which only about 5% of this potential being utilized. The Indonesian government is promoting the development of geothermal power generation, with a target set to achieve 7,000 megawatts in generation capacity by 2025.
Sumitomo Corporation and its wholly-owned subsidiary, Sumisho Machinery Trade Corporation (SMT), have been involved in about 50% (769 megawatts) of all completed geothermal power projects in Indonesia (1,616 megawatts) in terms of generation capacity.
Sumitomo Corporation will continue to accumulate promising geothermal power generation assets in an effort to contribute to the Indonesian government’s strategy of accelerating geothermal power generation and to make efficient use of renewable energy on a global scale.
Through its involvement in the global power infrastructure business, Sumitomo Corporation is seeking to provide its stakeholders with its Triple Values, namely, “Environmental Value” through eco-friendly power generation projects, “Societal Value” through power infrastructure development and “Economic Value” for the company with contribution to the local economy.  Sumitomo Corporation will continue to pursue these Triple Values via the power infrastructure business across the world.
How California Can Expand U.S. Geothermal Energy Production
Sean Porse, US DOE, Geothermal Technologies Office
California is privileged to have access to a variety of robust energy resources, particularly geothermal energy. It produces more geothermal power than any other state, and alone accounts for more than 20% of total geothermal energy production worldwide. Additionally, the U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL) demonstrated the importance of adding even more geothermal energy to California’s grid, which could translate to potentially hundreds of millions of dollars saved annually in operations, maintenance, and statewide utility bills.
Even with this firm potential, developing new geothermal energy in a competitive California energy market remains a challenge for several reasons – some technical, others market-based. To address these concerns, DOE’s Geothermal Technologies Office (GTO) in recent months partnered with the California Energy Commission (CEC), the Department of the Interior (DOI), and several private foundations. Within a series of both formal and informal industry gatherings, including a key forum held last fall, several leading trends have emerged.
California Can Guide Geothermal Expansion
While no two geothermal resources are alike, overcoming the technical challenges of developing new geothermal resources in California serves as a bellwether for the expansion of geothermal resources across the nation. For example, DOE and CEC are investing in novel research mineral recovery techniques that potentially lead to direct applications for high- and low-temperature geothermal resources in California and more broadly.
To best address emerging challenges, additional partnerships can be forged between the national labs and industry to bring research further out of the lab and into the field. These partnerships can set a path for successful testing of materials and equipment in high-temperature environments encountered at, for example, The Geysers (northern California) and Salton Sea (southern California), thus providing a foundation for similarly challenging resources across the United States.
New Geothermal Ideas Emerging
New thinking continues to surface around key points of innovation – developing hybrid systems as a means to respond to an increasingly flexible grid; recovering critical materials from geothermal brines such as lithium and manganese for use in high-tech industries; and cascading uses such as desalination or even steam storage.
In terms of mineral recovery, California’s resource-rich Salton Sea region leads the way. In fact, a variety of stakeholders strongly advocate for advancing new development in the Salton Sea – the nation’s largest geothermal producing district. They recommend California and the federal government continue to work closely to integrate geothermal development into the region’s long-term environmental management planning, building on an agreement signed last year between California and DOI.
U.S. Innovations Leading the Way
The international geothermal market and innovation front is quite strong, with new developments taking place on a larger scale in Southeast Asia and East Africa. Additionally, a research consortium in Iceland, using drilling technology originally funded and developed through GTO’s work with Baker Hughes, recently completed an impressive high-temperature drilling project that tapped temperatures of 800 degrees Fahrenheit at depths exceeding 15,000 feet, an important first step in exploring further potential.
It’s an exciting time for geothermal research and technology. Our office is guiding the way in several key areas and across various key regions, including California. This includes leveraging exploration methods used by oil and gas to find previously unknown hydrothermal systems; developing a dedicated field site for accelerating breakthroughs for enhanced geothermal systems technology that could unlock vast, previously unavailable geothermal energy; and funding novel technologies for extracting specific high-value minerals from geothermal brines.

IIC supports the development of the first geothermal power project in South America

The Inter-American Investment Corporation (IIC) has signed a US$30 million corporate loan facility with Enel Green Power Chile to finance exploratory works for what could be the first geothermal power project in South America-the Cerro Pabellon geothermal power plant in Chile. The loan will be funded by the Clean Technology Fund Loan (CTF), administered by the IIC. The project, located in the Atacama Desert at an altitude of over 4,500 meters above sea level, consists of three power plants with a combined capacity of 75 MW, an 80-kilometer transmission line and other associated facilities. The loan will finance drilling costs of the exploratory phase, when other sources of financing are typically unavailable. Unlike other intermittent renewable energy sources, the baseload electricity produced by geothermal power plants aligns with Chile’s high-energy consuming mining sector. The project will support the country to reduce its energy dependence on foreign oil and its vulnerability to oil price fluctuations. Cerro Pabellon will also have a positive impact on the environment, displacing the equivalent of approximately 232,761 tons of carbon emissions per year. About the Inter-American Investment Corporation (IIC) The Inter-American Investment Corporation (IIC), a member of the Inter-American Development Bank Group (IDB Group), is a multilateral development bank committed to supporting the private sector in Latin America and the Caribbean. The IIC finances sustainable enterprises and projects to achieve financial results that maximize social and environmental development for the region. With a current portfolio of $11 billion under management and 350 clients in 21 countries, the IIC works across sectors to provide innovative financial solutions and advisory services that meet the evolving demands of its clients.
During an official visit to Kenya, the European Investment Bank (EIB) has pledged new support for projects in the power and transport sectors. Also, at a press conference In Nairobi with Cabinet Secretary for the Treasury Henry K. Rotich, the signature of a connectivity project was announced. The EIB’s three-day programme will include a site visit to the Lake Turkana Wind Park, the largest windfarm in sub-Saharan Africa developed by the private sector, which the EIB helped finance in 2014.
At the Treasury the EIB signed the “Last Mile Connectivity” project, which will connect nearly 300.000 Kenyan households (equalling up to 1.5 million Kenyans) to the national electricity grid. The EUR 60 million (Kshs 6.7 billion) EIB loan concerns a multiple scheme electrification project, targeting universal access to electricity for the Kenyan population by 2020. It is part of a European “blended” financing package comprising a EUR 90 million (Kshs 10 billion) loan from the Agence Française de Développement and a EUR 30 million (Kshs 3.3 billion) grant from the European Union.
EIB Vice President Pim van Ballekom, responsible for operations in East Africa, commented: “Kenya is increasingly becoming a hub for the region on many levels. We as a bank must look at this from a very basic point of view, namely that there is a young and growing population with enormous potential, and that you need investments to support that momentum, both directly and indirectly. Thanks to today’s signature over 300.000 Kenyan households – up to 1,5 million people – will soon be connected to the electricity grid, a basic condition for further economic growth. Two further projects that we have committed to will improve access to Mombasa harbour and support geothermal energy at Olkaria. Contributing to key infrastructure is one of the ways in which the EIB supports basic services, entrepreneurship and competitiveness in Kenya and we are happy to be able to partner up with local and European partners to achieve this.”
Letters of intent were signed for two further very advanced projects, one being an extension of the existing Olkaria I geothermal plant. Here, the financing – for a total amount of EUR 113 million – will support the addition of a 70MWe turbine, as well as the construction of the necessary wells, steam gathering system and interconnection facilities. Next to that, the EIB pledged to finance an upgrade and widening of the Port of Mombasa access road, regarding the section of 42kms between Mombasa and Mariakani. The project aims to improve the safety situation on the road as well as alleviate congestion which causes delays for goods travelling through Mombasa. The project is co-financed by a concessional loan of EUR 50 million approved by the German Government and to be provided by KfW Development Bank, as well as a EU grant contribution and a loan from African Development Bank.
Just last week, the EIB signed a USD 17.5 million commitment into Catalyst Fund II, a Nairobi based growth equity fund supporting SMEs and Mid-Caps in East Africa. Priority target countries for this fund include Kenya, Tanzania, Ethiopia and Uganda, with several others also under consideration. The fund has a target size of USD 175 million with which Catalyst intends to invest in up to 12 companies, with the goal of generating social and developmental impact benefits.
The European Investment Bank has supported transformational investment across Africa for more than 50 years and operates in Kenya since 1977. Over the last decade the EIB has provided more than EUR 22 billion for long-term investment across Africa.

WWF, Arun to develop geothermal energy in Flores

Kupang (ANTARA News) – World Wide Fund for Nature (WWF) Indonesia, along with Indonesias largest liquefied natural gas producer PT Arun NGL, will develop geothermal energy in Flores island, East Nusa Tenggara (NTT) province.

“Recently, together with WWF and PT Arun, we have prepared a road map to develop geothermal in Flores and it is just a matter of time before we implement it,” Head of Provincial Mining and Energy Office, Boni Marisin, affirmed when contacted by ANTARA News here, Friday.

The development of geothermal energy is aimed at realizing the potential of Flores Geothermal Iconic Island, he added.

According to Boni, the geothermal potential at the Flores island is huge because the area has a row of volcanoes spread from the west to the east region of Flores.

“Currently, geothermal development is being carried out in Ulumbu and Mataloko in the western part of Flores,” he said.

The central government has appointed PT PLN (the National Electricity Company) to develop geothermal in Ulumbu and Mataloko with a capacity of 50 megawatts (MW) and 22.5 MW each, respectively, Boni explained.

“Geothermal development in those two areas are expected to be connected to East Nusa Tenggaras system by 2020,” he stated, adding that in addition to Flores, geothermal is also found in Atadei, Lembata district and Alor district.

The geothermal potential in Atadei has estimated reserves of 40 MW on an area of more than 31,000 hectares, he revealed.

“If the potential in Atadei can be developed well, it will be able to supply electricity to the vicinity of areas such as Adonara and Solor,” he noted.

The local administration continues to encourage investment in renewable energy according to the potential in each area to meet the electricity needs in the rural areas and increase the electrification ratio in the country, he remarked.

“Other renewable energy potentials in East Nusa Tenggara are in the field of hydro power, wind, ocean currents and solar. We have been promoting the potential of these at every investment forum to attract investors,” he said.
(Uu.KR-LWA/INE/KR-BSR/A014)

Grenada receives grant for geothermal energy development
The Board of Directors of the Caribbean Development Bank (CDB) has approved a grant of USD231,630 to the Government of Grenada to build its capacity for planning and implementation of its geothermal energy development roadmap. The resources are from the Global Environment Facility through the Inter-American Development Bank’s Sustainable Energy Facility for the Eastern Caribbean with the CDB.
Successful development of Grenada’s geothermal energy potential holds the greatest prospect for transforming the energy sector. This technical assistance Project will provide the Government of Grenada with consultancy expertise for a period of 24 months. Consultants will work with the Government’s staff, through the establishment and operation of a Geothermal Energy Project Management Unit (GPMU).
The GPMU will provide dedicated resources to pursue the country’s geothermal energy development plan, and support the achievement of exploration drilling.  The Ministry of Finance and Energy will implement the Project, which is also consistent with CDB’s Energy Sector Policy and Strategy, and Climate Resilience Strategy.
Tessa Williams-Robertson, Head of the Renewable Energy / Energy Efficiency Unit, CDB noted: “The grant will enhance the Government of Grenada’s own capacity to move realisation of its geothermal energy potential to the next level. Under CDB’s GeoSmart Initiative, appropriate resources have been mobilised and CDB is working with development partners to assist Eastern Caribbean countries in developing geothermal energy where the potential exists.”
Grenada is especially dependent on imported petroleum products to satisfy its growing energy demand. Petroleum products imported in 2014 cost approximately USD67 million, representing seven percent of gross domestic product. The Project is consistent with the 2011 National Energy Policy, supporting the Government of Grenada’s ongoing efforts to improve the country’s energy security. The Government is also working towards meeting its national target for reducing carbon emissions by 30 percent by 2025, to which successful geothermal development would make an important contribution.
US DOE Issues Geothermal Office Annual Report.
The U.S. Department of Energy’s Geothermal Technologies Office has released its 2016 Annual Report
More Headlines
Cornell moving forward with geothermal energy plan
Geothermal project could restart at Nevado del Ruiz volcano in Colombia

Having identified 12 areas of interest, Nicaragua aims for more geothermal investment

EDC continues to invest in rehabilitation of Tongonan geothermal plant, Leyte

JICA and Bolivia sign $552 million loan for Laguna Colorada geothermal project

The hottest successful geothermal well drilled in the South of Germany

Is 100% renewable energy the best goal to cut power sector emissions?

Enel starting work on geothermal district heating project in Tuscany

 GDC to increase partnership efforts for geothermal development in Kenya

GEA International Geothermal Forum Great Success, US-Mexico Geothermal Opportunities Workshop Approaching, GEA GEOEXPO+ and GRC Annual Meeting Info, GEA Supports Expansion of NV RPS, Congress & Budget Cuts?, Swiss Federation, and more!

>GEA Notes
GEA International Forum (March 7th) was great success!  Presentations will be made available to participants and GEA Members soon. For info contact Rani@geo-energy.org.
US-Mexico Geothermal Opportunities Workshop, 4 April 2017 | Institute of Americas | La Jolla, CA. More info and registration at: https://www.iamericas.org/en/events-sp-1138149363/2267-mexican-geothermal-opportunities-workshop.
2017 GEA GeoExpo+ & GRC Annual Meeting, 1-4 October 2017 | Salt Palace Convention Center | Salt Lake City, UT. Exhibitor registration is now open! For a complete list of 2017 exhibitors to-date and more information go to   www.geothermalexpo.org or contact me at Rani@geo-energy.org, +1 (202) 454-5261.
>Leading Stories, Releases, Solicitations

GEA Supports Expansion of Nevada RPS

Next Up in Congress: Budget Cuts?

Swiss Federation Approves Continuation of Geothermal Program

Chairman Murkowski and Ranking Member Cantwell Announce Upcoming Energy Infrastructure Hearing

Murkowski Congratulates New Energy Secretary

Murkowski Congratulates New Interior Secretary

Wyden Statement on Voting in Favor of Ryan Zinke to be the Next Secretary of the Interior

America’s Foreign Mineral Dependence Increases-Yet Again,  Senator Murkowski to Release Legislation

ADEME Call for Consultation On Risk Reduction Scheme

MHPS Receives Order for Two Sets of Geothermal Power Generation Facilities for Kenya Electricity Generating Company – Olkaria V Power Generation Project

WMO Confirms 63.5° Fahrenheit Record High in Antarctica

New British Columbia Report Addresses Geothermal Direct Use Potential Plant Manager Sought

Commercial Operation Begins at One of Japan’s Largest Binary Power Plants in Takigami

New Projects to Make Geothermal Energy More Economically Attractive

>More Headlines
>Leading Stories, Releases, Solicitations

 
If you have material (press releases, articles, etc) you’d like included in the newsletter, please email GEA’s Executive Director Karl Gawell at karl@geo-energy.org. 
Leading Stories, Releases, Solicitations
GEA Supports Expansion of Nevada RPS
 
GEA’s President, Doug Glaspey and Board Chair, Joe Greco, joined in expressing the industry’s support for AB 206, which would increase the state’s RPS to 80%.
In a letter to Assemblyman Brooks, the y noted  the economic benefits of the proposal.  “Expanding the use of geothermal and other renewables would be an economic boost for Nevada. In addition to geothermal providing more jobs per megawatt than any other renewable energy source, geothermal facilities also pay royalties, purchase a high level of goods and services and provide significant property taxes.
They also noted the environmental benefits.  “Moving forward with renewable power in Nevada will also be reduce air pollution and negative public health effects. Geothermal plants produce little to no air and water emissions, and geothermal has one of the smallest footprints of any power generation technology.”
“We are encouraged by your introduction of AB 206 and support your efforts to expand geothermal and other renewable power production n Nevada. Nevada should be a leader in forging a renewable powered future. We look forward to geothermal power playing a significant part in achieving that vision,” the geothermal leaders concluded.
 
Next Up in Congress: Budget Cuts?
 
The Washington Post reports a “skinny budget” is expected for release next week. A “fuller list of budget requests by the end of March or early April, according to multiple congressional Republican aides who spoke on the condition of anonymity to discuss a process that is just starting.”
It’s no secret that energy efficiency and renewable energy programs (EERE) are expected to be a target.  The Heritage Foundation’s budget blueprint says:  “EERE funds research and development of what the government deems clean-energy technologies-hydrogen technology, wind energy, solar energy, biofuels and bio-refineries, geothermal power, vehicle technology, and building and weatherization technologies, most of which have been in existence for decades. Promoting these technologies is not an investment in basic research, but mere commercialization. Congress should eliminate EERE.”
EERE includes, of course, the DOE Geothermal Technologies Office.  “The DOE Geothermal Technologies Office is key to the future of geothermal in the US,” noted Karl Gawell, GEA’s Executive Director.  “It is working on the research needed to expand geothermal  power across the US and should be supported as a worthwhile investment that justifies federal support.”
Swiss Federation Approves Continuation of Geothermal Program
The Federal Council (our 7-member government) has today issued the following media statements:
Also, the Federal Council has today issued a summary report on the governmental support schemes for geothermal energy (direct use to power generation):
On 21 May 2017 the Swiss population votes on the Swiss Energy Strategy 2050.
Chairman Murkowski and Ranking Member Cantwell Announce Upcoming Energy Infrastructure Hearing  
WASHINGTON, D.C. – The Senate Committee on Energy and Natural Resources will hold a hearing on Tuesday, March 14, 2017 at 10:00 a.m. EST in Room 366 of the Dirksen Senate Office Building in Washington, DC.
The purpose of the hearing is to receive testimony on opportunities to improve American energy infrastructure.
The hearing will be webcast live on the committee’s website. Witness testimony will be available online immediately before the start of the hearing.
Murkowski Congratulates New Energy Secretary
WASHINGTON, D.C. – U.S. Sen. Lisa Murkowski, R-Alaska, today released the following statement after former Texas Gov. Rick Perry was confirmed to be the Secretary of Energy by a vote of 62-37.
“I congratulate Gov. Perry on his successful confirmation to be our nation’s next Secretary of Energy,” Murkowski said. “This is a critical time for the Department, and it needs steady leadership as we pursue the broad benefits of energy innovation and greater security for our nation’s energy infrastructure. The Department’s scientists and our national labs are vital to that effort, and I believe Gov. Perry will be a strong partner as we focus on everything from reducing rural energy costs to advancing the Alaska gasline project.”
Murkowski is chairman of the Committee on Energy and Natural Resources, which has jurisdiction over the Department of Energy.  She spoke on the Senate floor before voting in support of Gov. Perry’s nomination.
The U.S. Senate confirmed former Texas Gov. Rick Perry (R) to lead the Department of Energy in a 62-37 vote.
 
Murkowski Congratulates New Interior Secretary
WASHINGTON, D.C. – U.S. Sen. Lisa Murkowski, R-Alaska, today released the following statement after Rep. Ryan Zinke (R-Mont.) was confirmed to be the nation’s next Secretary of the Interior by a bipartisan vote of 68-31.
“I am hopeful that Rep. Zinke’s confirmation will mark the start of a new era for the Department of the Interior that is defined by greater cooperation with Congress, the states, and the local residents affected by its decisions,” Murkowski said. “This is particularly important for Alaska, which has more at stake and is more deeply affected by this Department than any other part of our country. I congratulate Rep. Zinke on his confirmation, am eager to work with him to restore balance to the management of federal areas, and cannot wait to bring him to our state.”
Murkowski is chairman of both the Committee on Energy and Natural Resources and the Appropriations Interior-Environment Subcommittee, which have jurisdiction over the Department of the Interior. She spoke on the Senate floor before voting in support of Rep. Zinke’s nomination.
Wyden Statement on Voting in Favor of Ryan Zinke to be the Next Secretary of the Interior
Washington, D.C. – U.S. Sen. Ron Wyden, D-Ore., voted today in favor of confirming Rep. Ryan Zinke, R-Mont., to be the next secretary of the U.S. Department of the Interior after two previous “present” votes.
“After several discussions, I received an assurance that as secretary of the Interior, Rep. Zinke will focus on doing his job, which includes protecting our special places and managing the forests already within the Interior Department’s control, instead of engaging in senseless reorganization of bureaucracies.
“Oregonians deserve to know that the person at the head of the agency responsible for managing Oregon’s O&C lands will work to resolve the decades-long disagreements in our forests. It’s clear Rep. Zinke has a lot of work ahead of him when it comes to protecting our treasured public lands, sustainably increasing the harvest, creating jobs in rural Oregon timber counties, keeping in place environmental standards that protect our special places and uniquely engaging with Oregon’s tribal nations. I will be working to hold him to this commitment to begin work on successfully managing Oregon’s O&C forests.”
Wyden abstained from voting during the Senate Energy and Natural Resources Committee’s vote on Jan. 31 because of news reports that indicated Zinke was interested in transferring federal forest management from the U.S. Forest Service to the Interior Department. On Monday, he voted “present” during a procedural vote to proceed to Zinke’s confirmation on the Senate floor.
The Department of the Interior manages the 2.8 million acres of Oregon’s O&C forests. Forest management in these forests has been tied up in litigation for years, preventing vital wildfire prevention work and forest maintenance from being completed.

New Projects to Make Geothermal Energy More Economically Attractive

California Energy Commission awards $2.7 million to Berkeley Lab for two geothermal projects

News Release Julie Chao (510) 486-6491 * March 1, 2017
Berkeley Lab scientists will work at The Geysers, the world’s largest geothermal field, located in northern California, on two projects aimed at making geothermal energy more cost-effective.
Geothermal energy, a clean, renewable source of energy produced by the heat of the earth, provides about 6 percent of California’s total power. That number could be much higher if associated costs were lower. Now scientists at the Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab) have launched two California Energy Commission-funded projects aimed at making geothermal energy more cost-effective to deploy and operate.
“There is huge potential for geothermal energy in the U.S., and especially in California,” said Patrick Dobson, who leads Berkeley Lab’s Geothermal Systems program in the Energy Geosciences Division. “The U.S. Geological Survey has estimated that conventional and unconventional geothermal resources in the western U.S. are equivalent to half of the current installed generation capacity of the U.S.; however, commercial development of these resources would require significant technological advances to lower the cost of geothermal deployment.”
The first project will test deployment of a dense array of seismic sensors to improve the ability to image where and how fluids are moving underground. The second project will develop and apply modeling tools to enable geothermal plants to safely run in flexible (or variable) production mode, allowing for better integration with other renewable energy sources. The California Energy Commission’s Electric Program Investment Charge (EPIC) program has awarded Berkeley Lab a total of $2.7 million for the two projects.
California renewable energy generation by resource type (Credit: California Energy Commission)
California is looking to geothermal energy to help in reaching its goal of getting half of its electricity from renewable sources by the year 2030. Geothermal plants are possible only in locations with particular geological characteristics, either near active volcanic centers or in places with a very high temperature gradient, such as parts of the western United States. Thanks to its location on the Pacific “Ring of Fire,” California has a vast amount of geothermal electricity generation capacity.
Seeing fluid flow with seismic sensors
While geothermal technology has been around for some time, one of the main barriers to wider adoption is the high up-front investment. “A large geothermal operator might drill three wells a year at a cost of approximately $7 million dollars per well. If one of the wells could provide twice the steam production, a savings of $7 million dollars could be realized. That’s where we come in,” said Lawrence Hutchings, a Berkeley Lab microearthquake imaging specialist who has worked in geothermal fields around the world.
In a project led by Berkeley Lab scientist Kurt Nihei, a dense network of portable seismic recorders (about 100 recorders over a 5 square kilometer area) will be installed to demonstrate the ability to perform high-resolution tomographic imaging. “The goal is to image where steam and fluids are going using geophysics,” Nihei said. “We will improve the spatial resolution of the imaging using a dense array and demonstrate that this can be done cost-effectively in an operating geothermal field.”
The demonstration will take place at The Geysers, the world’s largest geothermal field, located north of San Francisco in Sonoma and Lake Counties. Wells there-some deeper than two miles-bring steam to the surface. The steam is converted to electricity while water is injected into the underground rock to replenish the steam.
Berkeley Lab scientists currently run a network of 32 seismic recorders at The Geysers to monitor microearthquakes. With the dense network of 100 inexpensive seismic recorders, they will be able to improve the resolution of seismic imaging sufficient to track fluid movement as it moves through the network of fractures that intersect the injection wells.
“Similar to what is done in medical ultrasound tomography with sound waves, we will record seismic waves-both compressional waves and shear waves-from which we can extract information about rock properties, fluid properties, and changes in the subsurface stresses,” Nihei said. “We think these images will allow us to get a clearer picture of where fluids are going and how stresses in the rock are changing in time and space between the injection wells and production wells.”
Having a better understanding of fluid flow in fractured geothermal reservoirs would be a big benefit for well placement as well as cost-effective operation. “If they can increase the likelihood getting a productive well every time they drill, it would be huge,” said Hutchings. “More than 10 percent of California’s total renewable energy capacity comes from geothermal, so the potential impact of this technology is exciting.”
Lowering the cost of renewables
 
In the second project, led by Berkeley Lab scientist Jonny Rutqvist, the goal is to enable the conversion of geothermal production from baseload or steady production to flexible or variable mode. Flexible-mode geothermal production could then be used as a supplement to intermittent renewable energy sources such as wind and solar, which are not available around the clock, thus significantly reducing the costs of storing that energy.
The technical challenges are considerable since grid demands may require rapid changes, such as reducing production by half within tens of minutes and then restoring full production after a few hours. Such changes could lead to mechanical fatigue, damage to well components, corrosion, and mineral deposition in the wells.
“A better understanding of the impacts of flexible-mode production on the reservoir-wellbore system is needed to assure safe and sustainable production,” said Rutqvist.
Berkeley Lab will adapt a suite of their modeling tools for wellbore and geothermal reservoir integrity, including T2WELL, which models fluid flow and heat transfer in wells; and TOUGHREACT, which simulates scaling and corrosion. These tools will be integrated with geomechanical tools into an improved thermal-hydrological-mechanical-chemical (THMC) model to address the specific problems.
“This will provide the necessary tools for investigating all the challenges related to flexible-mode production and predict short- and long-term impacts,” Rutqvist said. “The advantages to California are many, including greater grid reliability, increased safety, and lower greenhouse gas emissions.”
In both projects, the Berkeley Lab researchers will be working with Calpine Corporation, which has the largest commercial operation at The Geysers. Calpine will contribute data as well as access to their sites and models. The projects build on a wide variety of prior research at Berkeley Lab funded by the DOE’s Geothermal Technologies Office.
America’s Foreign Mineral Dependence Increases-Yet Again,  Senator Murkowski to Release Legislation
 
Minerals are fundamental to life as we know it: to the homes we live in, the buildings we work in, the cars we drive, and just about every product we use, from our toothpaste to our televisions. Without minerals we wouldn’t have smart phones, MRI machines, missile defense systems, most forms of renewable energy, or a whole lot else.
Yet, it’s almost like clockwork: year after year, the United States’ foreign mineral dependence continues to rise, exposing our nation to the risks of supply interruptions and the tremendous economic consequences that would result from them.
Unfortunately, according to the U.S. Geological Survey (USGS), this past year was no different. The agency’s latest Mineral Commodity Summaries report found that the United States imported at least 50 percent of our supply of at least 50 minerals in 2016. That’s a notable increase year-over-year, and it’s a dramatic jump compared to 1978, when our nation imported half of our supply of just 25 minerals.
While partial dependence is alarming enough, USGS also found that America was 100 percent dependent on foreign nations for our supply of 20 minerals in 2016. Again, that’s a step backwards year-over-year, and it’s a steep spike from 1978, when we imported our entire supply of just seven minerals.
So which minerals are we buying from abroad? And how important are they?
Rare earth elements are a series of 17 technology metals that are vital to everything from night vision goggles to wind turbines-yet the U.S. imported 100 percent of our supply in 2016.
Graphite is a key component of the lithium ion batteries that power laptops and electric vehicles-and again, we imported 100 percent of our supply last year.
Niobium is used in steel alloys for natural gas pipelines and jet engines-but 100 percent of our supply came from abroad in 2016.
The list of the United States’ foreign mineral dependence goes on and on.
Aluminum- 52 percent; Copper- 34 percent; Platinum- 73 percent; Potash- 90 percent; Rhenium- 81 percent; Silver- 67 percent; Zinc- 82 percent.
For years, Chairman Murkowski has warned that our nation’s mineral security is deteriorating. She has stressed that America is on the verge of trading our foreign oil dependence for an equally, if not more, harmful dependence on foreign minerals. And she has championed legislation that would bring our mineral policies into the 21st century by reforming the notoriously slow federal permitting process, increasing R&D into alternatives, promoting recycling, and other sensible steps.
Chairman Murkowski plans to introduce a new version of her mineral policy reform bill in the weeks ahead. For the sake of our nation’s manufacturing sector, and just about every other job in America, let’s hope 2017 is the year that this growing vulnerability finally receives the public attention-and policy response-it deserves.
ADEME Call for Consultation On Risk Reduction Scheme
 
A “How to” guidance document is also attached to help access to the tender. Please note that all documentation is in French and responses to the tender are expected to be in French too. The deadline for applications is 22 March 2017.
MHPS Receives Order for Two Sets of Geothermal Power Generation Facilities for Kenya Electricity Generating Company – Olkaria V Power Generation Project 
 
Mitsubishi Hitachi Power Systems, Ltd. (MHPS), together with Mitsubishi Corporation and H. Young & Company (East Africa) Ltd., have received a full-turnkey order to provide Power Generation Facilities to Kenya Electricity Generating Company Limited (KenGen), including two sets of 70 megawatt (MW) class steam turbines, generators and auxiliaries. The equipment on order will be installed at the Olkaria V Geothermal Power Plant in Nakuru district in the central area of the Republic of Kenya. The new plant is scheduled to go on-stream in 2019.
The Olkaria V Geothermal Power Plant site is located approximately 100 kilometers northwest of Nairobi, Kenya’s capital city, at an elevation of some 2,000 meters in the Great Rift Valley. This new project will expand existing power plant facilities in the Olkaria geothermal field with the aim of alleviating severely stretched power supplies in Kenya’s urban areas while increasing power supply from renewable energy to reduce carbon emissions The project is being carried out with an ODA (Official Development Assistance) loan arrangement, extended to KenGen by the Japanese Government through the Japan International Cooperation Agency (JICA).
MHPS will be responsible for the design of the geothermal facilities and will supply the steam turbines, generators, condensers, and other main auxiliaries. Applying its extensive expertise as an EPC (engineering, procurement and construction) contractor, MHPS will also dispatch Technical Advisors to the site to assist H. Young with expertise in installation and commissioning.
Kenya ranks ninth worldwide in terms of geothermal power generation capacity. In recent years demand for electric power has been increasing in step with the country’s steady economic growth. In response, KenGen is focusing on building new geothermal plants and expanding the output of existing facilities. MHPS has already supplied six sets of power generating equipment for the Olkaria I and II geothermal power plants with 150 MW total output. This latest order was awarded in recognition of such equipment’s outstanding operating record as well as MHPS’s technological strength and EPC execution capability.
MHPS is in a prime position to provide comprehensive solutions in both thermal and geothermal power generation systems. In the geothermal power sector to date, MHPS has received more than 100 orders from 13 countries. The total capacity of these units exceeds 3,000 MW. MHPS is a world leader in the technical development and provision of geothermal power generation facilities. At the Sixth Tokyo International Conference on African Development (TICAD VI) held in Nairobi in August 2016, former President and CEO Takato Nishizawa (recently elected as Vice Chairman) highlighted MHPS’s commitment to aid Africa’s development through provision of advanced environmental technologies and outstandingly efficient power generating equipment.
MHPS is committed to working closely with related institutions in implementing various programs to enact the Japanese Government’s policy for exporting high-quality infrastructure to meet rising demand for geothermal power in Kenya and throughout Africa. MHPS will also proactively propose solutions in geothermal power generation equipment and facilities not only in Africa but globally, as it seeks to provide highly efficient and environmentally friendly technologies to curb global warming and also to provide reliable and cost effective electricity to its customers.
For more information:
Organization:
Mitsubishi Hitachi Power Systems, Ltd.
WMO Confirms 63.5° Fahrenheit Record High in Antarctica:

The World Meteorological Organization has announced that Antarctica hit a new record high recorded temperature of 63.5 degrees F. The record, set at an Argentine research base March 24, 2015 and just confirmed by WMO, breezes past the previous record of 59 degrees. While the new record doesn’t mean much on its own, it’s yet another sign that big changes are likely to occur in Antarctica over the coming century. Meanwhile, real time data released from the National Snow and Ice Data Center showed only 2.131 million square kilometers of sea ice surrounding the continent on February 28 – about 159,000 square kilometers less than the record low set in 1997. The Antarctic ice sheet contains 90 percent of the world’s freshwater, which would raise sea levels by 200 feet if it were to melt.

Climate Nexus, March 2, 2017
New British Columbia Report Addresses Geothermal Direct Use Potential

Tuya Terra Geo Corporation (TT Geo), a BC-based company, working in collaboration with Geothermal Management Company Inc. (GMC) and their respective teams, were retained by Geoscience BC in September 2015 to identify and evaluate Direct-use geothermal energy opportunities for BC communities, providing them with data and an opportunity to potentially lower greenhouse gas emissions and advance economic development through the use of geothermal energy.

Direct-use geothermal developments can typically utilize lower temperatures waters than required for electrical generation. These lower temperature fluids are more easily attainable with simpler, lower cost exploration strategies in a much shorter time frame than electrical generation development. Additionally, the exploitation of these low temperature geothermal resources can have significant economic benefits for communities. However, communities and local governments may not have access to the expert knowledge required to oversee a geothermal resource exploration program, or the cost of exploration may be a major barrier to wider adoption of Direct-use geothermal energy.
The purpose of this project was to first identify and evaluate Direct-use geothermal energy opportunities for BC communities that have the potential to reduce green-house gas emissions or be economic development drivers. To do this, a review of various Direct-use development possibilities was undertaken and compiled as applicable to BC. The gathering of detailed community information focused on the 11 sites deemed ‘favourable’ for electrical generation in the KWL and GeothermEx 2015 report. A list of communities associated with these sites was compiled under the assumption that if there was a resource sufficient for electrical generation, then Direct-use (with its lower hurdles to development) was possible. A total of 63 communities were contacted and provided with information about their nearby resource. In this process, the Project sought to give communities and businesses in BC an understanding of what resources are available and what steps they need take to evaluate these geothermal resources. This study did not evaluate the use of heat pumps for ground based geothermal (geoexchange).
Plant Manager Sought
 
U.S. Geothermal Inc. is seeking a Plant Manager for its Neal Hot Springs (NHS) geothermal plant near Vale, Oregon.  NHS is a three unit facility that uses supercritical binary cycle technology in the power generation process with R134a refrigerant as the motive fluid.  The plant has been COD since November 2012 and has a staff of 11 reporting to the Plant Manager.
Interested candidates may contact Mr. Chris Harriman, President of U.S. Geothermal Services at:   charriman@usgeothermal.com
Commercial Operation Begins at One of Japan’s Largest Binary Power Plants in Takigami
 
Idemitsu Kosan Co.,Ltd. (Head Office: Chiyoda-ku, Tokyo; Representative Director & CEO: Takashi Tsukioka; hereinafter “Idemitsu”) today began commercial operation of a binary power plant at the Takigami Office of its wholly owned subsidiary Idemitsu Oita Geothermal Co., Ltd. (President: Teruo Takenaka).
Since the Great East Japan Earthquake in March 2011, development of geothermal power has advanced across Japan as a renewable energy source capable of delivering stable supplies of electricity without being affected by weather conditions. Japan is home to approximately 10% of the world’s geothermal resources, and as a result it has the third highest potential for geothermal power in the world.
Idemitsu entered the geothermal power business in 1979, and since the start of operation of the Takigami Power Station of Kyushu Electric Power Company, Inc. in 1996, the Takigami Office of Idemitsu Oita Geothermal Co., Ltd. has supplied steam used to generate power.
Aiming to put unused hot water to effective use, construction began on the Takigami Binary Power Plant, one of the largest binary power plants in Japan, in the same area in March 2016. Today, the plant began commercial operation.
The term “binary” refers to the use of two fluids-the heat source of hot water and a medium that has a low boiling point-in power generation. This method makes it possible to generate power using low-temperature steam and hot water that could not be used in traditional geothermal power generation.
In the future as well, Idemitsu plans to contribute to Japan’s energy security and to the realization of a sustainable society by using domestically sourced renewable energy such as geothermal power to increase the supply of electricity
More Headlines
 

Oil giant Sinopec taps China’s vast geothermal reserves

Small geothermal plants gaining steam in Japan

HyperSciences raises $690K to use rocket technology for geothermal drilling

Making enhanced geothermal systems a reality at Fallon in Nevada, a U.S. DOE FORGE project

Demand for lithium a potential boon for Nevada

Geothermal industry expects further momentum for growth in Turkey

Scot Gov pursuing geothermal development in north-east

Light at the end of the tunnel: Sussex eyes mine shaft geothermal

Nevada, Italy agree to work together on water, energy issues
 

Nicaragua offers a variety of favourable tax incentives for geothermal development

Review to be conducted on UK DFID East Africa geothermal program

New PPA legislation in Indonesia raises concerns for geothermal developers

How California Utilities Are Managing Excess Solar Power; ‘Virtual power plants’ would store renewable energy in batteries by day and redistribute it when demand surges after sunset

Is The U.S. Becoming Overdependent On Natural Gas?

Theistareykir first geothermal power plant to undergo GSAP sustainability assessment

MHPS To Supply Steam Turbines to Ken-Gen

Uganda cooperates with consortium from the Netherlands to develop geothermal power

http://www.thinkgeoenergy.com/uganda-cooperates-with-consortium-from-the-netherlands-to-develop-geothermal-power/


Cryostar Commissions Its Largest Turbine Yet [Turkey]


https://www.gasworld.com/cryostar-commissions-its-most-powerful-turbine-yet/2012365.article

First 110 MW unit of Sarulla geothermal project to come online this month

http://www.thinkgeoenergy.com/first-110-mw-unit-of-sarulla-geothermal-project-to-come-online-this-month/ 

Australian geothermal sector forms new national Geothermal Association
http://www.thinkgeoenergy.com/australian-geothermal-sector-forms-new-national-geothermal-association/ 

KCA Deutag target geothermal drilling market

htts://www.energyvoice.com/oilandgas/133391/kca-deutag-target-geothermal-drilling-market/ 

Unearthing a woman of substance in the geothermal sector

https://www.esi-africa.com/magazine_articles/unearthing-a-woman-of-substance-in-the-geothermal-sector/

Indonesia eases development of geothermal in conservation areas

http://www.thinkgeoenergy.com/indonesia-eases-development-of-geothermal-in-conservation-areas/

 

 

 

GEA GeoExpo+, International Geothermal Forum and US-Mexico Geothermal Opportunities Workshop Info; CA Senate Leader Proposes 100% Renew; Legislators in NV Propose 80% Renewable Power Goal; St-Kitts Nevis Moves to Finalize Geothermal and More!

 

GEA Notes:

 

Leading Stories, Releases, Solicitations

  • California Senate Leader Proposes 100% Renewable Power Production Goal
  • Legislators in Nevada Propose 80% Renewable Power Goal
  • Governor Sandoval Names Chairman of Energy Choice Committee
  • Study Finds States Scrambling to Retain Baseload Power, Natural Gas Generation Also At Risk
  • Bipartisan Group of U.S Senators Re-introduce Legislation to Streamline Permitting for Renewable Energy Projects
  • St Kitts-Nevis moves to finalize geothermal agreement
  • $45M Towards Geothermal Project [Domenica]
  • S. Geothermal Inc. Provides Update on Development and Expansion Projects
  • Alterra Power Announces Completion of Iceland Deep Drilling Program
  • PannErgy Plc’s subsidiary has signed a concession agreement in relation to the area of Győr [Hungary]
  • EOI: Geothermal Project Coordination on consultancy basis, Grenada, Caribbean
  • Request for Expressions of Interest [Turkey]
  • Call for Papers – 2017 GRC Annual Meeting, Salt Lake City, Oct. 1-4, 2017

 

More Headlines

 

Leading Stories, Releases, Solicitations

California Senate Leader Proposes 100% Renewable Power Production Goal

California Senate President Kevin De León has introduced a bill (SB 584) to increase the California RPS Program to 100 percent by 2045, with a 2025 target of 50 percent (50 percent by December 31, 2025, and 100 percent by December 31, 2045). 

The legislation is a boost for the future of geothermal and other renewables in the state.  It lays out the benefits of achieving this goal as:

 (b) Achieving the renewables portfolio standard through the procurement of various electricity products from eligible renewable energy resources is intended to provide unique benefits to California, including all of the following, each of which independently justifies the program:

(1) Displacing fossil fuel consumption within the state.

(2) Adding new electrical generating facilities in the transmission network within the Western Electricity Coordinating Council service area.

(3) Reducing air pollution, particularly criteria pollutant emissions and toxic air contaminants, in the state.

(4) Meeting the state’s climate change goals by reducing emissions of greenhouse gases associated with electrical generation.

(5) Promoting stable retail rates for electric service.

(6) Meeting the state’s need for a diversified and balanced energy generation portfolio.

(7) Assistance with meeting the state’s resource adequacy requirements.

(8) Contributing to the safe and reliable operation of the electrical grid, including providing predictable electrical supply, voltage support, lower line losses, and congestion relief.

(9) Implementing the state’s transmission and land use planning activities related to development of eligible renewable energy resources.

The new legislation also provides that “This electricity may be generated anywhere in the interconnected grid that includes many states, and areas of both Canada and Mexico.”

For full text of the bill: https://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201720180SB584

http://www.usatoday.com/story/news/politics/2017/02/20/calif-lawmakers-new-bill-100-clean-energy/98181044/

http://www.desertsun.com/story/tech/science/energy/2017/02/20/california-senate-leaders-new-bill-100-clean-energy/98157028/

http://www.latimes.com/politics/essential/la-pol-ca-essential-politics-updates-california-senate-leader-puts-100-1487714001-htmlstory.html

https://www.greentechmedia.com/articles/read/lawmakers-in-california-and-massachusetts-introduce-bills-for-100-renewable

 

Legislators in Nevada Propose 80% Renewable Power Goal

A group of Nevada Assembly Members and Senators has proposed legislation to increase the amount of  energy required in the state from renewable resources, like solar, geothermal and wind – AB 206.  Original sponsors are Assemblymen Brooks, Frierson, Yeager, McCurdy, Watkins, and Fumo; and Senators Cancela, Parks and Spearman.

The legislation would increase the Renewable Portfolio Standard, which governs the percentage of power utilities get from clean energy and energy efficiency, to 50 percent by 2030, with a path to 80 percent renewables by 2040. Nevada business leaders said the legislation “would set the state up to become a regional and national clean energy leader.”

A copy of the legislation is available at: https://www.leg.state.nv.us/Session/79th2017/Bills/AB/AB206.pdf

http://www.thestate.com/news/business/national-business/article132731174.html#storylink=cpy

http://www.reviewjournal.com/news/politics-and-government/nevada/nevada-rallies-push-increased-renewable-energy

http://www.nnbw.com/news/new-efficiency-renewable-energy-bills-position-nevada-to-be-national-leader/

http://www.utilitydive.com/news/bill-would-increase-nevada-renewable-energy-mandate-to-80-by-2040/436388/

 

Governor Sandoval Names Chairman of Energy Choice Committee

CARSON CITY, NV Governor Brian Sandoval today announced he has appointed Lieutenant Governor Mark Hutchison to serve as Chairman of the Governor’s Committee on Energy Choice. The Governor announced the body’s creation during his biennial State of the State address in January.

 

On November 8, 2016, the voters of Nevada approved Ballot Question 3: The Energy Choice Initiative, which would amend the Nevada Constitution if voters approve the Initiative again in the 2018 general election. Nevada voters supported a State policy that “electricity markets be open and competitive so that all electricity customers are afforded meaningful choice among different providers, and that economic and regulatory burdens be minimized in order to promote competition and choices in the electric energy market.”

 

“Stability in our energy market is crucial for all Nevadans. A second passage of this Initiative will change the way Nevadans consume energy from flipping on hallway lights and ensuring power in our hospitals to illuminating the neon lights of the Las Vegas Strip,” said Governor Brian Sandoval. “By bringing together these stakeholders, we can properly prepare for what could be a major utility transformation. The Lieutenant Governor is the right person to navigate this complex discussion and I am confident in his ability to bring forward the best recommendations to secure the promise and potential of the Silver State’s energy future.”

 

“I am honored to be appointed Chairman of the Governor’s Committee on Energy Choice. Educating Nevadans about the issues and mechanisms surrounding the deregulation of Nevada’s energy markets is of paramount importance,” said Lieutenant Governor Mark Hutchison. “I look forward to working with the committee to develop a meaningful and comprehensive framework to share with Nevadans before the ballot initiative returns for the voters consideration in 2018.”

 

During his State of the State address, Governor Sandoval stated, “With the overwhelming passage of Question 3 last year, it is likely Nevadans will have energy choice in the future. Therefore, I will create by Executive Order, the Governor’s Committee on Energy Choice. This Committee will help prepare us for the complicated changes that lay ahead if Nevadans approve energy choice. It will include members of the Legislature, major customers, organized labor, renewable energy experts, senior citizens representatives, and others. I will ask that they prepare a transition plan enabling us to enter the new markets by 2023.”

 

The full Committee will be announced in the near future.

 

EO# 2017-03 Order Establishing the Governor’s Committee on Energy Choice

 

http://gov.nv.gov/News-and-Media/Press/2017/Governor-Sandoval-Names-Lt_-Governor-Hutchison-Chairman-of-Committee-on-Energy-Choice/

http://www.energymanagertoday.com/nevada-governor-forms-committee-energy-choice-0167297/

Study Finds States Scrambling to Retain Baseload Power, Natural Gas Generation Also At Risk

February 13, 2017 Source: PR Newswire

DENVER, Feb. 13, 2017 /PRNewswire-USNewswire/ — A study released today found states around the country are continuing to advance innovative strategies aimed at keeping coal and nuclear power plants online in organized markets despite stiff challenges in federal court and at the Federal Energy Regulatory Commission.

Natural gas-fired power plants are also at risk of closure and bankruptcy in organized markets, the study found.  “This nascent and largely unpublicized development suggests gas-fired generation is facing the same pressure as the much-beleaguered coal and nuclear facilities, perhaps with more draconian implications for consumers and, especially, organized markets,” the study added. “When baseloads plants cannot cover their fixed costs, all traditional baseload generation sources are at risk,” the study noted.

The concerns over natural gas are prompted by sales of natural-gas fired assets in the Midwest and by developments in California indicating gas-fired generators are becoming uneconomic in the California ISO.  These developments include the bankruptcy filing by generator La Paloma and plant closures by merchant generators. “Expect increasing anxiety from the states and generators about regulatory and reliability risks,” the study warned.

The white paper by Raymond L. Gifford, a former chairman of the Colorado Public Utilities Commission, and Matthew S. Larson, partners in the law firm of Wilkinson Barker Knauer LLP’s Denver office, questioned whether the structure of organized markets shares the blame for the exit of baseload capacity. “Policymakers support the notion of organized electricity markets yet also want to preordain the outcomes, such as low electricity prices, reliability and green energy,” the study said. “The organized markets have thus become Frankenmarkets,” the study said.

The study describes a compendium of state efforts, or ‘around market’ solutions, to preserve baseload power. States in organized markets recently developed a single ‘around market’ solution “template” to prevent the loss of nuclear generation. First New York, through an administrative approach, then Illinois with legislation, adopted Zero Emission Credits of billions of dollars to resuscitate nuclear plants in their states. Challenges to both state’s ZECs are pending at the Federal Energy Regulatory Commission. Yet Connecticut, New Jersey, Pennsylvania are also considering the ZEC “template” to ensure survival of their nuclear plants, the study said.

Ohio remains at the front of the baseload power exit trend in organized electricity markets. Utilities in the Buckeye State have pushed the ultimate ‘around market’ solution, calling for reregulation of the market and the end of deregulation altogether. Success in Ohio could prove a game change. “This is a potential turning point, because when it comes to re-regulation, it is all about who goes first,” the study emphasized.

The study also suggested a diverse portfolio standard could emerge as the next ‘around market’ solution for states, a “middle way” between re-regulation and markets. Through a DPS, a state could mandate that minimum amounts of certain fuels be kept online, based on the availability and cost of fuels. The DPS could also serve as a technology-forcing initiative, encouraging the development of carbon capture and sequestration, the study said.

“The coming months are crucial in the market design and baseload power exit debate for several reasons,” the study concluded, as major issues such as the legal viability of ZECs, re-regulation in Ohio and perhaps most important, whether FERC will proactively or reactively address ‘around market’ solutions or even market design issues underlying the loss of baseload power.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/study-finds-states-scrambling-to-retain-baseload-power-natural-gas-generation-also-at-risk-300405996.html

 

Bipartisan Group of U.S. Senators Re-introduce Legislation to Streamline Permitting for Renewable Energy Projects

Washington, DC) – U.S. Senators Dean Heller (R-NV), Martin Heinrich (D-NM), Jim Risch (R-ID), Jon Tester (D-MT), Cory Gardner (R-CO), Michael Bennet (D-CO), Steve Daines (R-MT), and Tom Udall (D-NM) re-introduced the Public Lands Renewable Energy Development Act, S. 282. This bipartisan legislation works toward an “all of the above” energy strategy by simplifying the permitting process for solar, geothermal, and wind projects on public lands. Following introduction, the senators offered the following statements:

“Nevada is poised for great things when we remove obstacles and let our job creators succeed—the renewable energy industry is no different,” said Senator Dean Heller. “If we truly want to implement an ‘all-of-the-above’ approach, we have to let renewable energy companies compete on a level playing field. The common-sense approach we have laid out will result in more jobs, true progress toward American energy independence, and preservation of our natural wonders.”

“By streamlining renewable energy development, especially in a state with a high wind and solar potential like New Mexico, we can create quality jobs and strengthen our economy as a whole,” said Senator Martin Heinrich. “The Public Land Renewable Energy Development Act will modernize the leasing of public lands for development of solar, wind, and geothermal energy, and transition our nation to cleaner energy sources. This bipartisan bill also directs revenues from these projects to impacted counties and critical wildlife habitat conservation projects.”

“A broad domestic energy supply is critical for America to grow its economy,” Senator Jim Risch said. “This plan helps accomplish that by putting renewable energies under a similar framework as conventional energy sources.  It also requires royalty payments that will benefit Idahoans in the counties and states where the projects occur.” 

“This bipartisan bill will allow us to unlock the renewable energy potential that exists on our public lands, and invest in conservation efforts and support local communities,” added Senator Jon Tester. “This is the balance we need to strike to create jobs on our public lands and preserve our Montana way of life.”

“An all of the above energy strategy is crucial for our nation’s energy independence, and for economic growth in Colorado,” Senator Cory Gardner said. “I am honored to work with my colleagues on both sides of the aisle to promote smart and sensible energy policy that makes the best use of our natural resources.”

“Renewable energy is one of Colorado’s fastest-growing job sectors,” said Senator Michael Bennet. “Leasing public lands for responsible energy development is important to a comprehensive, long-term approach to meet our nation’s energy needs. This bill will put renewables on a level playing field with other forms of energy, while supporting local economies and future conservation efforts.”

“Promoting renewable energy development is a key part of strengthening our nation’s energy security,” Senator Steve Daines stated. “Montana has a diverse energy portfolio and by supporting an all-of-the-above energy mix we can power America for generations to come.”

“Protecting public lands in New Mexico and the nation and investing in a clean energy economy are critical to create jobs and support growth in the economy overall. The Public Lands and Renewable Energy Development Act is an important step toward accomplishing these goals,” Senator Tom Udall said. “I am proud to cosponsor a bill that allows us to invest in our local communities and conserve our land and wildlife while boosting wind and solar energy development.”

Background:

The Public Lands Renewable Energy Development Act streamlines the review of solar, wind, and geothermal projects on public lands and establishes a program at the Department of the Interior focused on making the permitting process more efficient. The legislation also establishes a revenue sharing system that aids local communities that are home to potential projects and helps mitigate the impact construction could have on the land, water, and on wildlife.

Heller has long advocated for reforms to renewable energy permitting and energy production revenue sharing. In the 111th Congress, he introduced similar legislation titled the Clean Energy, Community Investment, and Wildlife Conservation Act in the U.S. House, and he teamed up with a bipartisan group of Senators on previous iterations of the Public Lands Renewable Energy Development Act in the 112th, 113th, and 114th Congresses. Last Congress, the bill passed the U.S. Senate, (S.AMDT.3286  to the Energy Policy Modernization Act – S.2012), the first time the legislation passed either body of Congress.

http://www.heller.senate.gov/public/index.cfm/pressreleases?ID=CFEF4C08-8032-44C9-80FF-689BFB748801

St Kitts-Nevis moves to finalize geothermal agreement

BASSETERRE, St Kitts (SKNIS) — Minister of Public Infrastructure with responsibility for Energy, Ian ‘Patches’ Liburd, said that the St Kitts and Nevis government is “committed to investing in alternative energy, pursuing geothermal energy production, completing the wind farm (and) supporting solar farm development.”

Speaking in Parliament on February 16, two years after the current government political office, Liburd said that alternative energy must be the energy choice of a future St Kitts and Nevis.

“Given our many challenges, we also felt that it would be irresponsible of us as a government if we did not establish whether there was a geothermal resource here on St Kitts and if so determine how best to develop that resource without retarding the progress on Nevis, and the premier was right when he said that both resources will complement each other because having now established that there is a geothermal resource on both islands, the situation is now ripe for discussion on inter-connectivity, for the discussion on the export of energy, as we on St Kitts move now to final a geothermal agreement,” he said.

“We took a deliberate approach to face the major energy challenges and we took steps to ensure that renewable energy plays a critical role in the sustainable development and economic growth of our twin-island federation,” Liburd said. “We decided to transform to a more sustainable mix, and energy security is therefore a requirement,” while making reference to the United States former secretary of state, John Kerry, who is credited with saying that energy is the market of the future.

Liburd added: “I opine that we in St Kitts and Nevis say that the energy sector is the future so we took a three-pronged approach — we updated our energy policy and legislative framework for the adoption of alternative energy to build a more competitive private sector and improve energy security for households. We established an energy unit in the ministry.”

He said that as of February 1, 2017, there is now a new director of energy within his ministry.

In September 2015, Liburd signed a memorandum of understanding (MOU) with Teranov, a French engineering and services company for new and renewable energy based in Guadeloupe. The MOU included a road map that could possibly see the production of geothermal energy in 2020.

Teranov began geothermal exploration exercises in the Sandy Point area around Brimstone Hill, going to the top of Mount Liamigua in late 2015.

Five geoscientists were in St Kitts conducting feasibility studies in geophysics, geology and geochemistry. President of Teranov, Jacques Chouraki, said at the time that the prospects for geothermal energy on St Kitts were promising.

Liburd has now confirmed that, after the feasibility studies, there is a geothermal resource on St Kitts.

http://www.caribbeannewsnow.com/topstory-St-Kitts-Nevis-moves-to-finalize-geothermal-agreement-33614.html

$45M Towards Geothermal Project [Domenica]

Hon Prime Minister and Minister for Finance, Dr. Roosevelt Skerrit has announced that Government will inject $45M into Dominica’s geothermal project.

The finance minister was speaking at a private sector forum at the Fort Young Hotel last Friday.

Hon Skerrit says the success of this project will have a positive impact on the private sector.

“We have invested millions thus far and will make a further investment of EC$45m in the development of the geothermal plant.  I am sure that you all look forward to the significant reduction in the cost of energy that will follow.  This will be a positive impact on your businesses and this will also stimulate investments by others in establishing new businesses.

This cash injection is through the Citizenship By Investment programme.

http://news.gov.dm/index.php/news/4255-45m-towards-geothermal-project

 

U.S. Geothermal Inc. Provides Update on Development and Expansion Projects

– Drilling and Flow Testing at San Emidio Significantly Expands Resource

– Reservoir Testing and Modeling at Raft River Yield Potential to Add 1-3 Megawatts of Production

– Conditional Use Permit Received for WGP Geysers

– Drilling and Flow Testing at El Ceibillo Confirms Commercial Resource

BOISE, IDAHO–(Marketwired – Feb. 6, 2017) – 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, is pleased to provide an update on its development and expansion projects.

“During 2016 we were able to advance many of our development projects,” said Dennis Gilles, Chief Executive Officer. “Through a combination of an excellent pipeline of projects and a favorable legislative environment, we believe that we will improve our year-over-year performance and advance the Company to achieve our 2021 goal of over 200 MWs.”

DEVELOPMENT PROJECTS (90 Megawatts)

WGP Geysers, California (30 Megawatts)

The Conditional Use Permit from Sonoma County, which approves the construction plan for the WGP Geysers power plant, was received on December 16, 2016. Combined with the Large Generator Interconnection Agreement that was received from the California Independent System Operator and Pacific Gas & Electric, this completes the long lead permits and agreements that are needed for the project. Once final engineering design is finished, and a PPA is executed, an air quality permit and building permit will be needed before on site construction will begin.

Engineering optimization of the new, hybrid power plant design is continuing and budgetary quotes for the major equipment have been received. Our engineers and consultants are working in concert with EPC contractors to examine all aspects of the construction cycle with a focus on reducing construction costs. The hybrid design will dramatically increase the volume of water available for injection back into the reservoir, which will result in increased power generation over the life of the project.

Recent discussions have been held with a number of potential power purchasers in California for the generation from the WGP Geysers plant and are continuing. Interest has been expressed by a number of them for base load, renewable power to replace fossil fuel based power generation that is being phased out of their portfolios.

San Emidio Phase II, Nevada (35 Megawatts)

The updated reservoir model (announced January 11th) resulted in a significant increase in the potential size of the San Emidio Phase II reservoir of up to 47 net megawatts. Data from flow tests that took place in late 2016 from two wells were incorporated into a Probabilistic Power Density model, which estimates the Net generation potential of a reservoir. The power density model is not a Monte Carlo style “heat in place” estimate. Based on the flow rate and temperature produced by the two wells, and by measurement of pressure response both in the wells and across the wellfield, the model estimates that the Most Likely Outcome (50% probability) is 47 net megawatts of generation capacity within a 1.4 square mile area. The Minimum level of generation capacity (90% probability) occurs in a 0.18 square mile area, and has 18.8 net megawatts of generation capacity.

These two wells are approximately 1,700 feet apart, along the new structural trend identified in the Southwest Zone which is still open for expansion. Temperature gradient well data and seismic information indicate a potential strike length for the Southwest Zone of up to 2,700 feet. This compares to a strike length for the primary producing wellfield at San Emidio Phase I of 800 feet, suggesting the potential for a much larger resource in this Southwest Zone. Permits to deepen three remaining temperature gradient wells were received from the Bureau of Land Management in December 2016. These three wells will be deepened to the targeted reservoir depth to further explore the Southwest Zone when weather allows. If successful, it will extend the length of the productive reservoir by 1,000 feet.

The three power plant units that were purchased in 2016 are available to provide this project with the major, long lead equipment requirements for 35-45 net megawatts of power (depending upon cooling system used). The increased San Emidio II reservoir capacity with a 320°F+ temperature fits the design range of the equipment. These new, unused components represent approximately 70% of the equipment needed for a complete facility similar to the Company’s Neal Hot Springs operation.

Given the larger resource capacity at San Emidio II, we have cancelled our Small Generator Interconnection Agreement that was completed in 2016, and are preparing to apply for a Large Generator Interconnection Agreement in support of the higher expected output. Additionally, transmission studies that contemplate power sales into Southern California will also be conducted, since there is now a transmission path from Northern Nevada going south on the new 500KV, 800 megawatt transmission line that was completed in January 2014.

In July 2016, the Company was awarded a $1.5 million Department of Energy cost share grant under the “Development of Technologies for Sensing, Analyzing, and Utilizing Novel Subsurface Signals in Support of the Subsurface Technology and Engineering (‘SubTER’) Crosscut Initiative.” The program approved under the grant includes using new subsurface technologies at both San Emidio and Crescent Valley to identify fluid flow paths in the geothermal resource. The data collection phase of the program was completed at San Emidio in December. The data is being interpreted to determine whether viable targets have been identified. Upon approval from the DOE, a second phase of the grant program is designed to confirm the findings by drilling. The total program cost is $1.9 million with the Company providing $400,000 in cost share.

El Ceibillo, Guatemala (25 Megawatts)

On January 10, 2017, the Guatemalan government, through the National Electrical Energy Commission (COMISIÓN NACIONAL DE ENERGÍA ELÉCTRICA-“CNEE”), announced that it is preparing to issue an RFP later this year for 420 megawatts of power, of which 40 megawatts is to be reserved specifically for geothermal energy. When the RFP is issued, the El Ceibillo project will be bid into the process.

With the commercial shallow resource now proven, in 2017, a deep well to test the producing structure down dip from well EC-5 is planned to a projected depth of 1,970 to 2,300 feet (600-800 meters). EC-5 was completed to a depth of 1,450 feet (442 meters) and intersected a high permeability zone at 1,299 feet (396 meters) with a temperature of 388°F (198°C). Chemical analysis of fluid samples taken from EC-5 at the end of a flow test indicate a potential, deep reservoir temperature of 450 to 523°F (232 to 273°C). A deeper intersection in the reservoir could increase the reservoir capacity and production temperature, and change the design of the power plant. Well EC-1, which was drilled in 2013 to a depth of 5,650 feet (1,722 meters) found a measured bottom-hole temperature of 526°F (274°C), but did not intersect permeability. The comparative geology between EC-5 and EC-1 suggests a fault or other structure feeding the reservoir may be located in the area between the two wells.

EXPANSION PROJECTS (4-6 Megawatts)

Neal Hot Springs, Oregon – Hybrid Cooling (3 Megawatts)

A third water supply well for the project was drilled in December, but due to extreme winter weather, the well has not been completed and tested to date. Productive water zones were intersected in the well, but a liner must be installed before the well can be flow tested. A fourth site has been selected and will be drilled once weather allows. The project currently has one well available from drilling in 2015 that can supply approximately 170 gallons per minute. The minimum amount of water needed for a hybrid cooling system is approximately 200-300 gallons per minute for each unit.

The ability to use water cooling during the 5-6 months of summer and fall would increase power generation, when current air cooling results in a lower plant output. An initial engineering evaluation of various hybrid cooling methods was completed by Power Engineers Inc., which confirms the economic viability of hybrid cooling if enough water can be found.

Raft River, Idaho – Wellfield Optimization (1-3 Megawatts)

Additional production is now planned from well RRG-5, an idle well with significant permeability that has been used for injection in the past. Flow testing and reservoir modeling was performed during the 4th quarter 2016 to evaluate the well for conversion to production. Flow test results showed an initial flowing temperature of over 249°F, which is expected to increase once under production to approximately 265°F. Reservoir modeling shows that RRG-5 is capable of producing up to 1,000 gpm, yielding approximately 1.5 to 2 additional net megawatts of generation from the plant. A production pump has been ordered, and is expected to be installed by the end of the first quarter 2017. Generation is expected to ramp up during the second quarter as the production wellfield is rebalanced to maximize its output. Additional sources of geothermal fluid from other wells on the project are also under study to further increase the generation level of the plant.

The initial effort to expand the output of Raft River from its current 10 megawatts to its maximum contracted level of 13 megawatts began with the drilling of a second production leg at RRG-2 in June 2016. The second production leg was drilled to a depth of 5,605 feet and was completed at the end of July. Several small zones of permeability were encountered in the new production leg. After testing the well, a new pump was installed and the well resumed production in early September. The well temperature has plateaued at approximately 277°F, down from the original production temperature of 283°F, and the well is now producing approximately 180 gallons per minute less flow than before drilling. It is believed that during drilling operations, the original production leg of the well was damaged by scale formation, which blinded off its producing fractures. Despite these results, the overall production at the plant has returned to normal levels and current production is believed to be coming mostly from the newly drilled production leg. Operations to recover the damaged production leg with an industry standard chemical treatment will be considered in the future.

Well RRG-9, which has been used as part of an $11.4 million thermal stimulation grant primarily funded by the Department of Energy, has significantly increased the injection capacity to 1,200 gallons per minute from an original level of 20 gallons per minute. This increase in injection capacity provides all of the additional volume needed to accept the flow from well RRG-5 without requiring any new drilling.

About U.S. Geothermal Inc.:

U.S. Geothermal Inc. is a leading and profitable renewable energy company focused on the development, production and sale of electricity from geothermal energy. The Company is currently operating geothermal power projects at Neal Hot Springs, Oregon, San Emidio, Nevada and Raft River, Idaho for a total power generation of approximately 45 MWs. The Company is also developing an additional estimated 90 MWs of projects at: the Geysers, California; a second phase project at San Emidio, Nevada; at Crescent Valley, Nevada; and the El Ceibillo project located near Guatemala City, Guatemala. US Geothermal’s growth goal is to reach 200 MWs of generation by 2021 through a combination of internal development and strategic acquisitions.

Please visit our website at: http://www.usgeothermal.com.

The information provided in this news release may contain forward-looking statements within the definition of the Safe Harbor provisions of the US Private Securities Litigation Reform Act of 1995. Readers are cautioned to review the risk factors identified by the company in its filings with US and Canadian securities agencies. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operating or financial performance, development schedules or estimated resources of U.S. Geothermal, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible”, and similar expressions, or statements that events, conditions, or results “will”, “may”, “could”, or “should” occur or be achieved. These forward-looking statements may include statements regarding perceived merit of properties; interpretation of the results of well tests; project development; resource megawatt capacity; capital expenditures; timelines; strategic plans; or other statements that are not statements of fact. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from U.S. Geothermal’s expectations include the uncertainties involving the availability of financing in the debt and capital markets; uncertainties involved in the interpretation of results of well tests; the need for cooperation of government agencies in the development and operation of properties; the need to obtain permits and governmental approvals; risks of construction; unexpected cost increases, which could include significant increases in estimated capital and operating costs; and other risks and uncertainties disclosed in U.S. Geothermal’s Annual Report on Form 10-K for the year ended December 31, 2015 filed with the United States Securities and Exchange Commission and Canadian securities regulatory authorities and in other U.S. Geothermal reports and documents filed with applicable securities regulatory authorities from time to time. Forward-looking statements are based on management’s expectations, beliefs and opinions on the date the statements are made. U.S. Geothermal Inc. assumes no obligation to update forward-looking statements if management’s expectations, beliefs, or opinions, or other factors, should change.

The NYSE MKT does not accept responsibility for the adequacy of this release.

http://www.marketwired.com/press-release/us-geothermal-inc-provides-update-on-development-and-expansion-projects-nyse-mkt-htm-2193619.htm

 

Alterra Power Announces Completion of Iceland Deep Drilling Program

News provided by Alterra Power Corp.

VANCOUVER, Feb. 9, 2017 /PRNewswire/ – Alterra Power Corp. is pleased to announce successful completion of the deep drilling program at its Icelandic subsidiary HS Orka’s Reykjanes geothermal field. Hole IDDP2 was completed at a record depth of 4,650 meters. Initial well readings (427°C temperature, 340 bars pressure) indicate supercritical conditions at the base of the well, comprising significantly higher energy content versus conventional high-temperature geothermal steam.

Based on these early readings, if the well is able to be utilized for electric production, it may produce as much as 30-50 MW of output, which would be directed to HS Orka’s Reykjanes plant. The final production potential for the well will not be known until late 2018 after further tests and research.

Ásgeir Margeirsson, CEO of HS Orka, said, “We’re pleased to complete this well with such remarkable early-stage results. We expect the final down-well temperatures to be much higher than 427°C, which could lead to production capacity of several regular geothermal wells.”

Ross Beaty, Alterra’s Executive Chairman, said, “I congratulate our strong Icelandic team and their partners for this successful landmark program. This deep drilling program has profound significance for our own energy output and growth opportunities at Reykjanes and for other geothermal operations in Iceland and elsewhere.”

HS Orka led the deep drilling program in collaboration and joint funding with Statoil, two other Icelandic power companies and the Icelandic National Energy Authority. Grants for the program were also received from the European Union and others.

Further information about the Iceland deep drilling project is available on the HS Orka and Alterra websites.

About Alterra Power Corp.
Alterra Power Corp. is a leading global renewable energy company, operating eight power plants totaling 825 MW of generation capacity including British Columbia’s largest run-of-river hydro facility and largest wind farm, the recently completed Shannon and Jimmie Creek projects, two geothermal facilities in Iceland and a solar facility in Indiana. Alterra owns a 385 MW share of this capacity, generating over 1,700 GWh of clean power annually. Alterra also has an extensive portfolio of exploration and development projects and a skilled team of developers, builders and operators to support its growth plans.

Alterra trades on the Toronto Stock Exchange under the symbol AXY.

About HS Orka hf
Alterra owns 66.6% of HS Orka, the largest privately owned energy company in Iceland. HS Orka supplies 7% of the country’s power needs and approximately 11% of the country’s heating needs. Installed geothermal power capacity is 174 MW from the Svartsengi and Reykjanes power plants. In addition, HS Orka generates 190 MW of thermal energy for district heating. HS Orka also owns a 30% interest in the Blue Lagoon, a tourist resort that adjoins our Svartsengi power plant in Iceland.

Cautionary Note Regarding Forward-Looking Information

Certain statements and information included in this news release are “forward-looking information” within the meaning of applicable securities laws that involve risks and uncertainties. Forward-looking information relates to future events or future performance and reflects management’s expectations and beliefs regarding future events as of the date hereof. Examples of forward-looking information in this news release include the potential for and amount of future power output from the newly drilled well, the ability to successfully tie such potential power into the Reykjanes plant, the expectation of higher down-well temperatures, the potential impact on future drilling programs and growth opportunities. Forward-looking information is based on factors or assumptions that were applied in drawing a conclusion or making a forecast or projection. Since forward-looking information relates to future events and conditions, by its very nature it requires making assumptions and involves inherent risks and uncertainties. Alterra cautions that although it is believed that the assumptions are reasonable in the circumstances, these risks and uncertainties give rise to the possibility that actual results may differ materially from the expectations set out in the forward-looking information. Material risk factors and assumptions include the expected timing for realizing the output capacity of the well, if any, the imprecise nature of estimation of renewable power resources or power generation output and recoveries, including the difficulty in assessment until a geothermal resource is actually accessed and tested by production wells, assumptions concerning and fluctuations related to, temperature and composition of underground fluids, risks related to additional financing to achieve growth and development, in addition to those set out in the management’s discussion and analysis section of Alterra’s most recent annual and quarterly reports and in Alterra’s Annual Information Form for the year ended December 31, 2015. Although Alterra has attempted to identify important factors that could cause actual actions, events or results to differ materially from forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate and undue reliance should not be placed on forward-looking information. Except as required by law, Alterra undertakes no obligation to update any forward-looking information to reflect new information, subsequently or otherwise.

SOURCE Alterra Power Corp.
PannErgy Plc’s subsidiary has signed a concession agreement in relation to the area of Győr [Hungary]

Budapest, 06. February 2017

PannErgy Plc hereby advises the actors of the capital market that based on Act CXCVI of 2011 on National Assets, Act XVI of 1991 on Concessions and Act XLVIII of 1993 on Mining, and on behalf of the State of Hungary the Minister for National Development, as the minister in charge of mining affairs, announced an open tender for certain specific, closed areas in Hungary towards the exploration, extraction and utilization of geothermal energy in the framework of concession agreements. The concession tender relating to the area of Győr was awarded to PannErgy Plc’s subsidiary, PannErgy Geothermal Power Plants Ltd (PEGE Ltd).

In line with the foregoing, PEGE Ltd has signed a concession agreement with the State of Hungary for a definite term of 35 years (with a non-recurrent renewal option for another term of 17 and half years) in relation to the area of Győr, towards the exploration, extraction and utilization of geothermal energy.

By relying on the rights acquired with the concession agreement, PEGE Ltd and its concession company to be founded later will examine the concession-based geothermal endowments of the region potentially found under 2500 meters, and thereafter will decide on the investment opportunities.

The Company has the long-term objective to enhance energy safety with the utilization of renewable, geothermal energy at an even larger scale – with proper respect to environmental sustainability –, thereby supporting the goals of climate policy.

PannErgy Plc

This announcement is published in Hungarian and English languages. In case of any contradiction between these two versions, the Hungarian version shall prevail.

http://pannergy.com/wp-content/uploads/2017/02/eo_pannergy_20170206.en_.pdf

 

EOI: Geothermal Project Coordination on consultancy basis, Grenada, Caribbean

The Caribbean Development Bank has issued a request for Expressions of Interest, for a Geothermal Energy Project Coordinator on a consultancy basis for Grenada, in the Caribbean.

The Government of Grenada (GOG) has applied for financing under the Sustainable Energy Facility (SEF) for the Eastern Caribbean, managed by the Caribbean Development Bank (CDB) towards the cost of Geothermal Resource Development Project and intends to apply a portion of the proceeds of this financing to eligible payments under a contract for which this invitation is issued.  Payments by CDB will be made only at the request of GOG and upon approval by CDB, and will be subject in all respects to the terms and conditions of the Financing Agreement.  The Financing Agreement prohibits withdrawal from the financing account for the purpose of any payment to persons or entities, or for any import of goods, if such payment or import, to the knowledge of CDB, is prohibited by a decision of the United Nations Security Council taken under Chapter VII of the Charter of the United Nations.  No party other than GOG shall derive any rights from the Financing Agreement or have any claim to the proceeds of the Financing.

The Ministry of Finance and Energy, the Executing Agency, now wishes to procure consultancy services for a Geothermal Energy Project Coordinator (GE PC) for the overall management of the Government’s exploration drilling campaign including costs, schedules and resources.  The Consultant will work closely with relevant Government agencies, international funders, technical specialists and legal experts to achieve this.

The objective of the consultancy is to strengthen the capacity of the Energy Division of the Ministry of Finance and Energy to manage the implementation of GE project in Grenada.

The GE PC will report to the Permanent Secretary, or an officer designated, and will be responsible for, but not limited to, the following tasks and activities:

The GE PC will be the focal point for internal and external communication regarding geothermal energy within the Government, and will therefore be required to:

  1. Establish and Chair a working group comprised of key Government Ministries to identify and deliver on various inputs from Government; and work with the Ministry of Works and other Ministries to encourage budgetary allocations for the related works. GE PC will also liaise with statutory and non-statutory bodies with responsibility for enablers of the project (i.e. NAWASA, Grenada Ports Authority, etc).
  2. Develop and implement a communication and stakeholder engagement strategy to increase government and public awareness of the benefits and limitations of geothermal energy.
  3. Identify sources of technical and financial assistance which may be available from the international community.
  4. Coordinate a detailed project implementation plan (including workplans and budgets) for the exploration drilling campaign (including infrastructure requirements) by working with local and international technical experts to identify the scope of works, budget requirements and implementation schedule.
  5. In line with Government and donor requirements, develop a transparent, robust process for the tendering, evaluation and award of contracts, including the development of terms of references and technical specifications. He/she will also be required to assist in the preparation of tender documents, negotiations and procurement of services for the execution of infrastructure works, exploration drilling, etc.
  6. Facilitate the execution of an Environmental and Social Impact Assessment(s).
  7. Submit to the Permanent Secretary monthly Progress Reports on the status of tasks undertaken. Progress Reports will be provided to the Working Group and funders.
  8. Monitor costs, schedules and resources and alert relevant agencies of any risks to the project.
  9. Supervise and oversee the work of Consultants and Contractors hired, including the approval of payments against contractual milestones.
  10. Advise the Ministry of Finance and Energy on key actions to be taken based on the results / outcome of drilling activities.

The duration of the assignment is expected to be for a period of 24 months.

The Ministry of Finance and Energy now invites interested eligible individual consultants to submit Expressions of Interest (EOI) indicating qualifications and experience required to fulfill the role of: Consultant Geothermal Energy Project Coordinator (GE PC), and provide the relevant consultancy services, per the Terms of Reference (which can be also electronically accessed via: http://finance.gd/docs/TORsforGrenadaGeothermalProjecti.pdf, or http://www.gov.gd/egov/pdf/vacancies/tor-grenada-geothermal-project.pdf.

The GE PC will be stationed on a full time basis, at the Energy Division of the Ministry of Finance and Energy, Financial Complex, The Carenage, St. George’s, Grenada.

Consultants shall be eligible to participate if:

  1.  the persons are citizens or bona fide residents of an eligible country; and
  2. in all cases, the consultant has no arrangement and undertakes not to make any arrangements, whereby any substantial part of the net profits or other tangible benefits of the contract will accrue or be paid to a person not a citizen or bona fide resident of an eligible country.

Eligible countries are member countries of CDB and the Inter-American Development Bank (IDB).

The attention of interested Consultants is drawn to paragraph 1.9 of CDB’s Guidelines for the Selection and Engagement of Consultants (2011), setting forth CDB’s policy on conflict of interest.

In the assessment of submissions, consideration will be given to qualifications and experience on similar assignments.    All information must be submitted in English.  The full terms of reference may be accessed at http://finance.gd/docs/TORsforGrenadaGeothermalProjecti.pdf; or http://www.gov.gd/egov/pdf/vacancies/tor-grenada-geothermal-project.pdf   Further information may also be obtained from the first address below between 0800 and 1600 hours Monday to Friday.

Interested eligible candidates must provide information indicating that they are qualified to perform the services and are invited to submit their EOI which should consist of:

  1. A signed Cover Letter that is no more than two pages (letter size) in length; and
  2. A Curriculum Vitae (CV): including employment records, description of similar assignments, experience in similar conditions, availability of appropriate skills, previous remunerations etc.

Deadline for submission of EOI, is no later than 1600 hours (Grenada Time) February 28, 2017, to the first address below, and copy sent simultaneously to CDB, at the second address below.  An electronic version of EOI in PDF format, OR a hard copy version may be submitted. The submission should include the Consultant’s name and address, and shall be clearly marked “Expression of Interest – Consultant Geothermal Energy Project Coordinator”.

Following the assessment of submissions, the most technically capable and appropriately experienced applicant will be invited to negotiate a contract to provide the consultancy services.   GOG reserves the right to accept or reject late applications or to cancel the present invitation partially or in its entirety.  It will not be bound to assign any reason for not engaging the services of any applicant and will not defray any costs incurred by any applicant in the preparation and submission of Expressions of Interest.

1.

Kim Frederick
Permanent Secretary
Ministry of Finance & Energy
Financial Complex
The Carenage
St. George’s
GRENADA, W.I
Tel: +(473) 435-8708
Email: financegrenada@financegrenada.com

2.

Procurement Officer
Procurement Policy Unit
Caribbean Development Bank
P.O. Box 408
Wildey, St. Michael
BARBADOS, W.I. 11000
Tel: + (246) 431-1600
Fax: + (246) 426-7269
Email: procurement@caribank.org

https://www.caribank.org/procurement-notices/consultancy-services/consultant-geothermal-energy-project-coordinator-grenada

 

Request for Expressions of Interest [Turkey]

 

REQUEST FOR EXPRESSIONS OF INTEREST (CONSULTING SERVICES – FIRMS SELECTION) THE REPUBLIC OF TURKEY GEOTHERMAL DEVELOPMENT PROJECT

 

Loan No./Credit No./ Grant No.: Project ID: P151739

Assignment Title: _ Consultant Services for Risk Sharing Mechanism (RSM) for Resource Validation

Reference No. CTF-CS-01

 

Turkiye Kalkinma Bankasi A.S. (TKB) has received financing from the World Bank toward the cost of the Geothermal Development Project, and intends to apply part of the proceeds for consulting services (“the Services”) for Risk Sharing Mechanism for Resource Validation: This component will establish a Risk Sharing Mechanism (RSM) for Resource Validation, to support the exploration of drilling stages. Funds will be channeled to Turkey through a World Bank administrated trust fund and will be utilized to support private sector geothermal investors. TKB will be the lead implementing agency of this Component.

Consulting services from a consulting company (“RSM Consultant”) are required to establish and operate the RSM in cooperation with a dedicated TKB team. The RSM consultant shall have experience in development, monitoring and financial management of geothermal exploration projects. Such experience shall include, but not be limited to, interpretation of surface exploration data, development of conceptual models, drilling and testing, and preparation of development and business plans for geothermal projects. The RSM consultant will be required to define detailed procedures for implementation of the RSM, prepare related documents, forms and websites, and be responsible for its administration on a day to day basis. This involves managing the application process for the RSM, evaluating applications, negotiating contracts with successful applicants, monitoring drilling progress, verifying drilling and well testing results, and assessing whether the success criteria are met.

Consulting services will be selected in accordance with the World Bank’s Guidelines: Selection and Employment of Consultants under IBRD Loans and IDA Credits & Grants by World Bank Borrowers dated January 2011 and revised in July 2014.

The Consulting Services are expected to commence in the second half of 2017 with a duration of at least 3 years.

TKB now invites eligible consultants to indicate their interest in providing the services. Interested consultants should provide information and proof documents indicating that they are qualified to perform the services (completion certificates, brochures, description of similar assignments, experience in similar conditions, availability of appropriate skills among staff, etc.).

The shortlisting criteria are:

General Experience similar types of consulting services in the last five years,

Specific Experience in the following fields:

  1. Geothermal project management
  2. Geothermal exploration methods, development of conceptual models and interpretation of surface exploration data
  3. Drilling and production testing of geothermal wells
  4. Analysis of financial feasibility of geothermal projects
  5. Financial Management/accounting/ procurement processes
  6. Staffing and administrative capacity on the above.

*Having no non-performing contract financed by the IFIs.

*Experience in Turkish legal framework relevant to the geothermal sector and database development and management will be an asset.

The attention of interested Consultants is drawn to paragraph 1.9 of the World Bank’s Guidelines: Selection and Employment of Consultants [under IBRD Loans and IDA Credits & Grants] by World Bank Borrowers dated January 2011 and revised in July 2014  (“Consultant Guidelines”), setting forth the World Bank’s policy on conflict of interest.

Consultants may associate with other firms in the form of a joint venture or a sub-consultancy to enhance their qualifications. In case of a Joint Venture (JV), all members of the JV will be evaluated jointly for the purpose of short listing and shall be jointly and severally liable for the assignment and shall sign the contract in case of award is made to that JV group. Interested consultants should clearly indicate the structure of their “association” and the duties of the partners and sub consultants in their application. Unclear expression of interests in terms of “in association with” and/or “in affiliation with” and etc. may not be considered for short listing.

A consultant will be selected in accordance with the Quality-and Cost-Based Selection [QCBS] method set out in the Consultant Guidelines.

Further information can be obtained at the address below during office hours from 9:00 a.m. to 17:00 p.m. Turkey local time.

Expressions of interest to be clearly marked “Consulting Services for Risk Sharing Mechanism (RSM) for Resource Validation (CTF-CS-01)   must be delivered in a written form to the address below (in person, or by registered mail or by courier service , or by e-mail by Friday, 10 March 2017, 17:00 pm local  time.

Name of Office: Türkiye Kalkınma Bankası A.Ş.

Name: Mr. İlker Özata or Mr. Serdar Çatakçı

Address: İzmir Caddesi No: 35 Kat 8 Kızılay Ankara /Turkey

Postal Code: 06440

Phone  : +90-312-419 77 08 or : +90-312-419 77 09

Email: rsm@kalkinma.com.tr

Website: www.kalkinma.com.tr

http://english.kalkinma.com.tr/request_for_expressions_of_interest_wb_cleared.aspx

Call for Papers – 2017 GRC Annual Meeting, Salt Lake City, Oct. 1-4, 2017

The Geothermal Resources Council (GRC) has issued a call for papers for the world’s biggest geothermal conference of the year taking place October 1-4, 2017, in Salt Lake City, Utah, USA at the Salt Palace Convention Center. The event also features the GEA GeoExpo+, a geothermal trade show.

Themed “Geothermal Energy – Power to do More” the 41st GRC Annual Meeting will reflect the world-wide availability of a clean, dependable renewable energy that is available 24 hours a day, 365 days a year, providing both flexible and baseload power production.

The GRC Annual Meeting is the industry’s largest annual gathering of leading geothermal energy scientists, producers, renewable energy industry stakeholders, regulators, utilities, and key associated business leaders. The four-day event will offer technical, policy, and market conference sessions, educational seminars, tours of local geothermal and renewable energy projects, and numerous networking opportunities. Registration also includes entry to the GEA GeoExpo+.

Over 1,260 attendees came to the 2016 GRC Annual Meeting and GEA GeoExpo+ from around the world, highlighting the GRC’s role in connecting the global community. With increasing interest in geothermal as a reliable source of renewable energy providing both flexible and baseload power production around the world, the GRC is looking ahead to an even stronger international attendance in 2017.

The GRC 2017 Annual Meeting planning committee will consider papers for its Technical and Poster Sessions covering a range of topics, both domestic and international: Business Development / Finance/ Market Analysis; Drilling; Direct Use / Heat Pumps; Emerging Technologies; Exploration / Resource Assessment; Field Operations / Production Technologies; Geology; Geochemistry; Geothermal Education and Community Engagement; Geothermal Energy and Mineral Extraction; Geothermal Energy Associated with Oil and Gas Operations; Geothermal Play Fairways; Geothermal Project Case Studies; Geophysics; Power Operations / Flexible Generation / Maintenance; Regulatory / Environmental Compliance / Policy Issues; Reservoir Engineering/ Reservoir Management/ Modeling / Enhanced Geothermal Systems; Sedimentary Basins; Utility and Transmission Issues; Country Updates (example: Kenya / Philippines); Regional Updates (example: Basin & Range / Cascades / Rocky Mountains).

Successful selection to present at the GRC Annual Meeting is prestigious and recognizes the presenter as a top industry expert. International participation is key to the success of the technical programs, and geothermal researchers and experts from around the world are encouraged to submit their work for consideration to be presented at the GRC Annual Meeting.

Anyone who wants to present at the GRC Annual Meeting must submit a paper. Authors may submit a poster and/or oral technical presentation. The paper submission deadline is April 28, 2017.

Additional information about paper requirements and submission forms can be obtained by contacting the GRC at (530) 758-2360 or at www.geothermal.org.

For information on how to sponsor this event, contact Estela Smith; GRC at (530) 758-2360 or grc@geothermal.org.

For more information about the GRC Annual Meeting in Salt Lake City, Utah, USA, visit www.geothermal.org/meet-new.html or call +1 (530) 758-2360. For information about the GEA GeoExpo+ visit http://geothermalexpo.org or call +1 (202) 454-5261.

Source: GRC

 

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Salton Sea geothermal plant would use lithium tech that caught Tesla’s eye

http://snewsi.com/id/17148748338

 

World Bank to give Indonesia $55m to develop geothermal energy

http://www.bangkokpost.com/news/asean/1196364/world-bank-to-give-indonesia-55m-to-develop-geothermal-energy

 

OECS supports geothermal energy exploration [Caribbean]

https://pressroom.oecs.org/exploring-geothermal-energy-resources-in-the-eastern-caribbean#

 

Japanese lenders ink Indonesian geothermal deal

http://www.gtreview.com/news/asia/japanese-lenders-ink-indonesian-geothermal-deal/

With a potential of up to 3,500 MW geothermal is a competitive option in Chile

http://www.thinkgeoenergy.com

 

[Texas] Railroad Commission says it’s ready for first geothermal power project in decades

http://www.bizjournals.com/sanantonio/news/2017/02/09/railroad-commission-says-its-ready-for-first.html

Caribbean Dominica step closer to secure additional funding for geothermal project

http://www.thinkgeoenergy.com/caribbean-dominica-step-closer-to-secure-additional-funding-for-geothermal-project/

 

Basic, Phinma hold test for Mabini geothermal project [Philippines]

http://www.philstar.com/business/2017/02/11/1670981/basic-phinma-hold-test-mabini-geothermal-project

JICA delivers re-evaluation on GDC’s Baringo-Silali geothermal potential, Kenya

https://oglinks.news/article/2bb19b/jica-delivers-on-geothermal-kenya

France: study highlights important role of geothermal energy

The report is downloadable here (in French)

 

LGAQ discusses geothermal [Queensland, Australia]

http://www.northweststar.com.au/story/4468459/lgaq-discusses-geothermal/

Pertamina Geothermal to add 85 MW at Ulubelu and Karaha in 2017 [Indonesia]

http://www.thinkgeoenergy.com/pertamina-geothermal-to-add-85-mw-at-ulubelu-and-karaha-in-2017/

Sinopec to harvest more heat from earth [China]

http://europe.chinadaily.com.cn/business/2017-02/15/content_28202201.htm

Millions to be spent on geothermal energy development [Montserrat]

https://www.themontserratreporter.com/millions-to-be-spent-on-geothermal-energy-development/

A new EU geothermal funding initiative to open call for project this spring

The call information will be continuously updated on the website: http://www.geothermica.eu/publication/call-to-action

Source: Geotermica.eu

South Korea’s first geothermal plant at Pohang could start operation this year

http://koreabizwire.com/geothermal-power-plant-is-a-first-for-korea/75748

Geothermal sources can give 10,000MWs, NA body told [Pakistan]

http://nation.com.pk/business/17-Feb-2017/geothermal-sources-can-give-10-000mws-na-body-told

Development of geothermal power needs to accelerated: VP [Indonesia]

http://www.thejakartapost.com/news/2017/02/17/development-of-geothermal-power-needs-to-accelerated-vp.html

Egesim and Atlas Copco partnership to offer joint geothermal power plant solution

http://www.thinkgeoenergy.com/egesim-and-atlas-copco-partnership-to-offer-joint-geothermal-power-plant-solution/

Panther Creek geothermal project EIS delayed [Idaho]

http://www.mtexpress.com/news/environment/panther-creek-geothermal-project-eis-delayed/article_b709996c-f303-11e6-af45-ff4a51a8759c.html

Geothermal project in Haute-Sorne in Switzerland secures risk insurance

http://www.geo-energie.ch/fr/projekte/Communique_garantie_risques.php

St Kitts government moves to finalise geothermal agreement

http://www.nationnews.com/nationnews/news/93784/st-kitts-government-moves-finalise-geothermal-agreement

New Zealand lauded for renewables, but challenges remain

http://www.the-american-interest.com/2017/02/17/germanys-energy-mistakes-are-hurting-its-neighbors-too/