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Some of the funding opportunities can be combined. A good example would be the FOA - Recovery Act – Geothermal Technologies Program: Ground Source Heat Pumps. An excerpt from the proposal states “be advised that Recovery Act funds can be used in conjunction with other funding as necessary to complete projects, but tracking and reporting must be separate to meet the reporting requirements of the Recovery Act and related OMB Guidance”. This FOA requires a 50 percent cost share which, in accordance with the above statement, could come from CREBs and QEBCs or some other funding mechanism. As part of this contract, a request was made to help identify potential partners with whom to affiliate in the conduct of geothermal development. Unfortunately, despite numerous enquiries, no potential collaborative entities were identified. If power were to be generated, there might be some utilities to woo, but for non-electric projects, there seem to be no private or public sector investors interested at this time. RECOMMENDATIONS 1. If thermal waters are produced, the drilling of a reinjection well is recommended to help maintain aquifer pressure and temperature and to help mitigate any possible negative effects on existing thermal water users. Estimated cost of drilling a 600-foot injection well at $125/ft is $75,000. The depth may vary depending upon the subsurface conditions encountered and the dip of the Leadville Limestone. 2. A geologist and/or groundwater engineer should be consulted to determine the optimum sites for both production and injection wells. Conduct of a geophysical study such as a reflection seismic survey would help in identifying these sites. The cost of a geologist or ground-water engineer for one week of work at $200/hr is $8,000. The cost of a seismic reflection survey would be $100,000 for a two-dimensional, two-line survey and analysis of the results. 3. Electric power generation is a very marginal option due to the high risk and cost. However, if a significant grant is available, the first step of drilling a deep well to investigate the potential for a 180o F or higher geothermal resource should be considered. The cost of drilling a 4,000-foot deep well would be around $3,000,000. 4. Installation of a geothermal district heating system in either the downtown core area or for a concentration of governmental or institutional buildings appears to be feasible. However, prior to planning for a geothermal district heating system, the following investigations should be performed to determine the best option for supply of the thermal energy to the system. 4a. A production and an injection well should be drilled and tested for possible use in a district heating system. Either the Wright or the Redstone well could be used as the production well. A long term test (one week) should include monitoring of Yampah Spring and any other wells in the area for effects on drawdown and temperature. Pumping and injection rates should vary, in steps, from 100 to 500 gpm. A geologist or groundwater engineer should be consulted for the location of these well(s). A new 600- 52PDF Image | GEOTHERMAL RESOURCES GLENWOOD SPRINGS, COLORADO
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