Monday 30 July 2012

Geothermal summit planned to talk about state's clean energy goals

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Political leaders and geothermal energy and industry officials are gathering in August in Sacramento to discuss ways to help achieve California's clean power goals. Since 2006, 14 companies have built 28 geothermal plants or additions in nine states. Those facilities had a combined power capacity of 502.7 megawatts.

Political leaders and geothermal energy and industry officials are gathering next month in Sacramento to discuss ways to help achieve California's clean power goals. The GEA (Geothermal Energy Association) National Geothermal Summit will be Aug. 7 and 8 at the Hyatt Regency Sacramento.

The summit is in response to the need for policies to sustain industry growth, Industry officials say. Since 2006, 14 companies have built 28 geothermal plants or additions in nine states. Those facilities had a combined power capacity of 502.7 megawatts -- equivalent to the amount of growth in the 19 years from 1960 to 1979, which was considered a sold expansion period for the geothermal industry.

?Geothermal development is ramping up, but it needs policies that will support sustained growth and technological innovation,? GEA Executive Director Karl Gawell said in a news release.

Geothermal supplies about 4.6 percent of California?s power, but that could increase. More than 4,500 megawatts of geothermal power are being developed in California, Washington and Oregon.

Summit topics are expected to include the outlook for geothermal power for California and neighboring states, utility experience with geothermal, reducing risks associated with drilling and exploration, streamlining permits and incentives.

Sanford Nax covers real estate, planning, development, construction and economic issues for the Sacramento Business Journal.

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