ElectraTherm Commissions 10 Green Machines

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ElectraTherm Commissions 10 Green Machines ( electratherm-commissions-10-green-machines )

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Interviewee: Name: Josh Nordquist Title: Manager of Sales, Geothermal Development Company: Ormat Technologies LinkedIn / Other website: http://www.linkedin.com/pub/joshua-nordquist/5/339/238 Email: jnordquist@ormat.com Phone: (775) 356-9029 Ext. 32264 Date: November 1st, 2012 Interviewed By: Paul, Christian Source of Interviewee: Targeted Outreach to Paul Thomsen, Ormat Director of Public Policy and Business Development Referrals from Interviewee: Interview Keywords: Ormat, Kalina Cycle, Geothermal, Waste Heat Executive Summary (1-3 Sentences): Ormat is the clear leader in the space, given its 40 years of operating experience in ORC. Best markets are geothermal and waste heat, with geothermal in the lead given the long track record of heat-to-power in the industry. OFC is clearly better than a simple cycle ORC, but the right comparison is against the industry leading advanced heat-to-power technologies, not the basic ORC Interview Details: • Josh manages ORC products for waste heat and geothermal applications, also works on the product development side of things. • Ormat has been doing ORC for 40 years across different applications; its advantage is a vast amount of experience. Immense installed base of operating experience, especially given that not much is new in the industry o For Ormat, the most important thing is the net power – this is what buys or sells the project. What every project and technology should be considering o For TAS – don’t have a specially built turbine, all they do is buy parts from another company. Turbine drives what they do – drives the initial operating power. Nothing new, their supercritical cycle has been around for 30-40 years. It looks more efficient than a subcritical cycle, but the difference comes down to net output 58

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