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Electricity Production (2005)3 • TotalInstalledCapacity.12,198MW • Net Total Electricity Generation: 49,325 GWh; Other Renewables ~ 3.3%Net Total Electricity Generation: 40,214 GWh; Other Renewables ~ 3.1% Sources: (1) GEA Developing Projects Update, at: http://www.geo-energy.org/information/developing/Nevada/nevada.asp (2) Department of Energy, via Idaho National Laboratory: http://geothermal.id.doe.gov/maps/nv.pdf; and R. Bertani, “World Geothermal Power Generation in the period 2001-2005” (Geothermics 34 (2005) 651-690), (3) EIA, Annual Data for Nevada, at: http://www.eia.doe.gov/cneaf/electricity/st_profiles/nevada.html UTAH Geothermal could provide ~13% of the state’s electricity Current1 • There have been 3 geothermal power plants in Utah, while two have been decommissioned (both are planned to be reconstructed), one is up and running with an annual average net capacity of 27 MW. • 2 plants are under development (50 MW) and one is unconfirmed (183 MW). Utah Geothermal Resource Areas2 Potential (WGA Geothermal Task Force Estimates) • Shortterm,nearmarket(2015):230MW • Long-term(2025):620MW Renewable Energy Standards • There are no renewable energy/ portfolio standards in place for the state. Renewable Energy Incentives • Renewable Energy Sales Tax Exemption (<20 kW, as well as for extensions of 1 MW or more) • Renewable Energy System Tax Credit – Corporate, geothermal electric & heat pumps (max $ 50,000, 0.35 cents/ kWh) Electricity Production (2005)3 • TotalInstalledCapacity6,528MW • Net Total Electricity Generation: 38,165 GWh; Other Renewables ~ 0.5% Sources: (1) GEA Developing Projects Update, at: http://www.geo-energy.org/information/developing/Utah/utah.asp, (2)Department of Energy, via Idaho National Laboratory: http://geothermal.id.doe.gov/maps/ut.pdf, (3) EIA, Annual Data for Utah, at: http://www.eia.doe.gov/cneaf/electricity/st_profiles/utah.html September 2007 – Glitnir Geothermal Research 27PDF Image | GEOTHERMAL ENERGY MARKET REPORT
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