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WASHINGTON Geothermal could add 4% to renewable electricity generation, strong direct use potential Current1 • TherearenogeothermalpowerplantsrunninginWashingtonstate. • One project is in development at Mt. Baker, with a resource capacity estimate of 50-100 MW (WGA Geothermal Task Force) Washington Geothermal Resource Areas2 Potential (WGA Geothermal Task Force Estimates) • Shortterm,nearmarket(2015):50MW • Long-term(2025):600MW Renewable Energy Standards • Renewable Portfolio Standard, geothermal energy, 3% by 2012, 9% by 2016, 15% by 2020 and cost- effective conservation Renewable Energy Incentives • BEF – Renewable Energy Grant (private grant of up to 33% of capital cost, smaller scale), non-profit and local/ tribal governments • InterconnectionStandards(upto25kWh) • Mandatory Utility Green Power Option (voluntary option for customers) Electricity Production (2005)3 • TotalInstalledCapacity27,791MW • Net Total Electricity Generation: 101,966 GWh; Other Renewables 2% Sources: (1) GEA Developing Projects Update, at: http://www.geo-energy.org/information/developing/Washington/Washington.asp (2) Department of Energy, via Idaho National Laboratory: http://geothermal.id.doe.gov/maps/wa.pdf, (3) EIA, Annual Data for Washington, at: http://www.eia.doe.gov/cneaf/electricity/st_profiles/washington.html POTENTIAL ESTIMATED IN OTHER PUBLICATIONS ... all estimates* are coming to the same conclusion, the potential is HUGE Massachusetts Institute of Technology (MIT) [view on the U.S.] “The Future of Geothermal Energy – Impact of Enhanced Geothermal Systems (EGS) on the United States in the 21st Century” at: http://www1.eere.energy.gov/geothermal/future_geothermal.html In its study MIT looks at geothermal energy utilization technology that is currently not technically and economically feasible. It would be an addition to conventional hydrothermal applications. MIT, in its vision for 2050, believes that EGS could “become a major supplier of primary energy for U.S. base-load generation capacity by 2050”, providing up to 100 GWe (100,000 MW) or more of cost- competitive generating capacity. The fact that geothermal is a base-load option makes it particularly competitive compared to other renewables. September 2007 – Glitnir Geothermal Research 28PDF Image | GEOTHERMAL ENERGY MARKET REPORT
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