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LAKEVIEW GEOTHERMAL POWER GENERATION FACILITY FEASIBILITY

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LAKEVIEW GEOTHERMAL POWER GENERATION FACILITY FEASIBILITY ( lakeview-geothermal-power-generation-facility-feasibility )

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Local planning jurisdiction for the area is under Lake County. A Conditional Use will be required at the generator site. Timeline Please review the Timeline in the Appendix. The proposed timeline for the project assumes 4 to 6 months for equipment delivery. Please note a seven month window is shown for funding finalization. Conclusions This project is feasible and has significant profits for the Town. The cooling Tower will probably be the best option; however, final considerations will need to be evaluated in the final design of the facility. Table 12 shows the net present value of the projected profits. Table 12 - Net Present Value of Profits Open Cooling Tower $508,643.27 Well Water Cooling $337,829.55 The next step is to move into project development. This includes securing funding and proceeding into detailed design. Detailed design will also allow further value engineering comparisons of the options for maximum power production. Permitting should be started immediately; along with the interconnection study required with PacifiCorp. These items can effect design parameters and need to be completed first. Securing funding should also be completed during the permitting phase. This report will assist agency funding requests. Renewable energy will only become more valuable in the future and more incentives will occur for development. This project alone produces 3.4 billion BTU per year; that is equivalent to 3 million cubic feet of natural gas. In a time of carbon awareness even a small project like this one can be significant. The power output can supply electricity for 41 homes for one year. Continued development of small projects will help our society as a whole achieve a more sustainable energy base. The Lakeview area has additional geothermal resources for development. This project could be a pilot for more energy production in the future. Lakeview Geothermal Power Generation Facility Feasibility Study 22

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