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Chena Geothermal Power Plant Project Prepared for the Alaska Energy Authority 13. Final Report January, 2007 CONCLUSION The installation of the Chena Geothermal Power Plant has been highly successful. The project was completed on schedule and very close to the initial budget projection. The power plant logged over 3000 hours with 95% availability in 2006, generating 578,550kWhrs and displacing 44,500 gallons in diesel fuel. In 2007, the project is expected to generate 3 million kWhrs of clean geothermal power and displace 224,000 gallons of diesel for an estimated savings of $550,000. The power plant has received international recognition, and was awarded the Project of the Year Award by Power Engineering Magazine in the renewable energy category. It has also been nominated for a prestigious R&D 100 Award by the Department of Energy. Chena Hot Springs Resort also received a Green Power Leadership Award from EPA and DOE, in large part due the onsite geothermal power generation. It is hoped that the Chena geothermal plant will encourage installations at other sites in Alaska. The project has demonstrated the cost of power production, even in semi-remote locations such as Chena, can be reduced to as low as 5ยข per kWhr. This makes geothermal power generation highly competitive with existing diesel generation in rural Alaska, particularly since fuel costs are virtually eliminated once the plant is installed. Even in locations with no geothermal resources, the same power generation technology, using an Organic Rankine Cycle (ORC), can operate off other industrial waste heat sources to reduce power generation costs, and a demonstration biomass power plant using the same UTC platform is planned for installation in Fairbanks in 2007. 36PDF Image | 400kW Geothermal Power Plant at Chena Hot Springs
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