Values of Geothermal Energy October 2013

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Values of Geothermal Energy October 2013 ( values-geothermal-energy-october-2013 )

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The Values of Geothermal Energy October 2013 • Geothermal power production has a positive impact on local economies, and creates significantly more jobs per megawatt than natural gas.34 • Geothermal power has a smaller land footprint than most other energy sources, particularly when compared with other renewables.35 • Geothermal power has very low emission levels. Binary plants produce near-zero GHG emissions while flash and dry steam plants represent a significant reduction compared to fossil fuels based generation.36 • Geothermal power’s established history of consistent output demonstrates a level of reliability unmatched by other renewables and fossil fuel based generation.37 References American Electric Power (AEP). 2008. “American Electric Power 2008 Fact Book,” Phoenix, AZ: 43rd EEI Financial Conference. Accessed October 16, 2013. http://www.aep.com/about/transmission/docs/transmission- facts.pdf Burgassi, Pier Domenico. 1999. “Historical Outline of Geothermal Technology in the Larderello Region to the Middle of the 20th Century.” Davis, California: Geothermal Resources Council. Accessed September 20t, 2013. https://www.geothermal-library.org/index.php?mode=pubs&action=view&record=1018277 California Independent Systems Operator (CAISO). 2012. “2013 Flexible Capacity Procurement Requirement Supplemental Information to Proposal.” Folsom, California: CAISO. Accessed September 20th, 2013. http://www.caiso.com/Documents/2013FlexibleCapacityProcurementRequirementProposalSupplement.p df Calpine Corporation. 2012. “Welcome to The Geysers.” Houston, Texas: Calpine. Accessed September 20th, 2013. http://www.geysers.com/geothermal.aspx Cardwell, Diane. 2013. “Intermittent Nature of Green Power Is Challenge for Utilities.” New York, New York: New York Times. Accessed September 20th, 2013. http://www.nytimes.com/2013/08/15/business/energy- environment/intermittent-nature-of-green-power-is-challenge-for-utilities.html?pagewanted=all Celebi, Metin, Frank Graves, and Charles Russell. 2012. “Potential Coal Plant Retirements: 2012 Update.” Washington DC: Brattle Group. Accessed September 12, 2013. http://www.brattle.com/_documents/UploadLibrary/Upload1082.pdf Climate Registry.org. 2012. “U.S. Default Factors for Calculating CO2 Emissions from Fossil Fuel and Biomass Combustion.” http://www.theclimateregistry.org/downloads/2012/01/2012-Climate-Registry-Default- Emissions-Factors.pdf Linvill, Carl, John Candelaria and Catherine Elder. 2013. “The Value of Geothermal Energy Generation Attributes: Aspen Report to Ormat Technologies.” Agoura Hills, CA: Aspen Environmental Group. Unpublished manuscript (See Appendix). 34 Jennejohn 2010 35 McDonald et al. 2013 36 Matek 2013 37U.S. EIA 2013b 17

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