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EMERGING TECHNOLOGY SIGNIFICANT DEVELOPMENTS IN EGS AND CO-PRODUCTION In 2006, MIT published a study that found that EGS technology could create 100 gigawatts (GW) of electricity by 2050.13 One example of a developing EGS project is Davenport Newberry Holdings LLC’s Newberry Geothermal Project in Bend, Oregon. This past year they have significantly progressed on their EGS demonstration funded by $26 million from Google, Kleiner Perkins, Khosla Ventures and Vulcan Capital, as well as funds from the US Department of Energy (DOE). If successful, EGS technology development could make significant progress toward cutting geothermal costs and eliminate significant risks in geothermal development. For example, EGS will allow developers to create multiple stimulated geothermal areas from a single well.14 The Newberry project is still in the testing and research phase. However, Altarock has stimulated multiple geothermal zones at the site, it still needs to run injection tests and test the heat exchange areas in addition to drilling a production well in the stimulated zones. After this testing phase, AltaRock Energy intends to build a demonstration power plant, and eventually a utility-scale power plant on-site. Other groundbreaking milestones in co-production were reached this year as the first co- production generator became operational at ElectraTherm’s Florida Canyon Mine and other important research projects at University of North Dakota (UND) progressed. ElectraTherm’s project at Florida Canyon Mine turns waste heat to power by using co-produced fluids. Low temperature geothermal brine produced in the mining, oil and gas industries is considered a nuisance. However, ElectraTherm’s technology, known as the ‘Green Machine’, uses a cleanable heat exchanger to generate a power output of 75kW. This standardized unit is easy to transport, install, and can produce fuel-free, emission-free power. UND is in the early stages of research demonstrating the technical and economic feasibility of generating electricity from non-conventional low temperature (150° to 300°F) geothermal resources using binary ORC technology. This research will demonstrate that the technology can be replicated within a wider range of physical parameters including geothermal fluid temperatures, flow rates, and the price of electricity sales. The success of this research will be 13 Tester et al. 2006 14 Fehrenbacher 2013 Geothermal Energy Association 36PDF Image | 2013 Annual US Geothermal Power Production and Development Report
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