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GRC Annual Meeting: Opening Session In an op-ed that appeared in the Reno-Gazette Journal just before the Annual Meeting, Senator Reid commended the GRC for its work and stressed the importance of ongoing federal support for the industry. Pierre Audinet and Magnus Gehringer of the World Bank Energy Sector Management Assistance Program spoke about a new World Bank publication entilted Geothermal Handbook: Planning and Financing Power Generation. (More information on this publication can be found in the Publications, Videos, Maps section on page 43 of this issue). They spoke about the World Bank’s commitment to help develop geothermal power in countries where development would make the greatest difference. Yoram Bronicki, President, Director and Chief Operating Officer of Ormat Technologies Inc. said the U.S. market is difficult for geothermal industry, but that this has some positive results. “I think that finite margins in the U.S. market really force us to find ways for better efficiencies, to have better Yoram Bronicki of Ormat Technologies Inc. gives an update on company business and the international market for geothermal. equipment, better tools, better programs. Whatever is developed here can then be shared elsewhere in the world, and of course by doing so, we’re learning from what other people have done outside of the United States.” Bronicki said that there were three requirements for getting projects on-line: the ability to prove a resource’s viability early in the project development phase, a smooth permitting process, and a clear horizon for Power Purchase Agreements. Nearly every seat was filled at the Opening Session. November/December 2012 27PDF Image | Geothermal: Reliable, Renewable, Global
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