U.S. to boost geothermal energy use on federal lands

WASHINGTON, D.C. - The U.S. Interior Department said it would make more than 190 million acres of federal lands in 11 western states and Alaska available to energy companies to develop geothermal energy resources for generating electricity.

"These federal lands... hold a huge energy potential," said Interior Secretary Dirk Kempthorne.

He said the geothermal areas that will be leased could provide 5,540 megawatts of electric generation capacity by 2015, enough to meet the power needs of 5.5 million homes.

Tax breaks for geothermal energy that were passed by Congress this month will help support the use of the renewable energy source.

Geothermal energy comes from heat sources deep in the earth that generate electricity with few carbon emissions.

Direct use of geothermal energy supplies heat for buildings, greenhouses, aquaculture and other activities.

The United States is already the world leader in producing electricity from geothermal energy. Twenty-nine geothermal power plants currently operate on federal lands in California, Nevada and Utah, with a total generating capacity of 1,250 megawatts, enough to supply the needs of 1.2 million homes.

Lands within the National Park System, such as Yellowstone National Park, would still be unavailable for leasing under the final geothermal plan.

Half the geothermal leasing revenue and royalties would go to the state where the lease occurred and the relevant county would get 25 percent. The other 25 percent would go to a federal fund for investing in geothermal development.

Related News

Peterborough Distribution sold to Hydro One for $105 million.

PETERBOROUGH - The City of Peterborough said Wednesday it has agreed to sell Peterborough Distribution Inc. to Hydro One for $105 million.

The deal requires the approval of the Ontario Energy Board.

According to the city, the deal includes a one per cent distribution rate reduction and a five-year freeze in distribution rates for customers, plus:

  • A second five-year period with distribution rate increases limited to inflation and an earnings sharing mechanism to offset rates in year 11 and onward
  • Protections for PDI employees with employees receiving employment offers to move to Hydro One
  • A sale price of $105 million
  • An agreement to develop a regional…

    READ MORE
germany wind solar power

Germany launches second wind-solar tender

READ MORE

watts bar ngs

Power industry may ask staff to live on site as Coronavirus outbreak worsens

READ MORE

sask power lines

SaskPower to buy more electricity from Manitoba Hydro

READ MORE

Western Canada drought impacting hydropower production as reservoirs run low

READ MORE