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Friday, December 5, 2014

USA, Colorado:

Pagosa Springs Geothermal Project Gets $2 Million Grant (Pagosa Springs Sun)

The Pagosa Area Geothermal Water and Power Authority (PAGWPA) met Monday morning to formally accept a grant for nearly $2 million from the Colorado Department of Local Affairs (DOLA).

According to the grant agreement, DOLA will give PAGWPA $1,986,000 from the Energy and Mineral Impact Assistance Fund “to confirm the presence of geothermal resources whereby such geothermal resources can be developed as a possible power source for the area.”

According to the contract, PAGWPA “will hire a contractor (Pagosa Waters) to perform exploratory geothermal well drilling and data analysis for confirmation of geothermal resources in Archuleta County using on-site exploration, testing and analysis.”

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