Friday, March 10, 2017

USA, Nevada: US Geothermal Reports on 35-45 MW San Emidio II Project

US Geothermal's Q4 2016 Results - Earnings Call Transcript (Seeking Alpha)

Update on the expansion of the geothermal reservoir at San Emidio II

San Emidio geothermal power plant (Courtesy U.S. Geothermal)
Douglas Glaspey- President and Chief Operating Officer, US Geothermal: The significant increase and the size of the San Emidio II resource after the drilling and testing and completed in 2016, has changed our approach to this project. While we previously had planned on Phase II as 10 megawatt expansion, we’re now considering a 35 to 45 megawatt size development. Now, we would use those three power plants we own (USA, Idaho: U.S. Geothermal Inc. Acquires Three New Power Plant Units at Significant Discount - Global Geothermal News, Nov. 2015).

With a temperature of over 320 degrees Fahrenheit, this new resource is a perfect fit for these three power plants and most of the equipment is already stored on site at San Emidio. We received permits to deepen three more wells in the new resource area and are ready to proceed with drilling as soon as weather allows. Additionally, we had to decline the Small Generator Interconnection Agreement that we had received from NV Energy and will now be submitting a new application for a Large Generator Interconnection Agreement later this year.

Anything over 20 megawatts needs a different type of Interconnection Agreement. So now with this larger project, we do have to start over again there. And an application for project development of this larger facility will be submitted to the Bureau of Land Management this month to start the environmental assessment process to get approval to fully develop the well field and build the larger power plant at San Emidio.

Read More.........