Wednesday, May 28, 2014

USA, Colorado:

Gov. Hickenlooper to Sign Geothermal Bill on Friday (The Pagosa Springs Sun)

Pagosa Springs (Courtesy Pagosa Springs Tourism)
Local geothermal development will be celebrated this Friday, May 30, when Pagosa Springs hosts Colorado Governor John Hickenlooper as he signs HB14-1222 into law. The ceremony will be held at Centennial Park beginning at 12:15pm.

Along with the governor, other dignitaries in attendance will be State Representative Mike McLachlan, and Doug Hollett, Director of Geothermal Technology, US Department of Energy.

HB14-1222 titled "Clean Energy Private Activity Bonds" pertains specifically to geothermal generation and clean energy projects helping to mitigate financial risk and enables local ownership of geothermal production. The bill modifies prior statute 30-20-1203 which supported clean energy projects and financing. Clean energy projects include qualifying geothermal, solar, small hydroelectric, hydrogen, biomass or wind facilities smaller than 50MW.

With at least two clean energy projects in the works, Pagosa Springs is a fitting location for the governor to sign HB14-1222. Centennial Park also highlights the future site for the Geothermal Greenhouse Partnership’s community greenhouses. The ceremony is open to the public and all citizens are invited to attend.

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