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Geothermal Research and Tech IEA

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Geothermal Research and Tech IEA ( geothermal-research-and-tech-iea )

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21.2.4 GovernmentExpenditureonGeothermalResearchandDevelopment DOE invested a total of US$ 44 million in geothermal projects in 2010 under regular appropriations, and US$ 50 million to projects selected under ARRA 2009. 21.2.5 IndustryExpenditureonGeothermalResearchandDevelopment Industry expenditure for 2010 totaled US$ 700 million in the form of asset finance, public markets and venture capital/private equity (8). 21.3 Geothermal Energy Use in 2010 21.3.1 Electricity Generation In 2010, 97% of geothermal installed capacity was located in California and Nevada. 21.3.1.1 Installed Capacity Geothermal electric power was generated in nine U.S. states in 2010: Alaska, California, Hawaii, Idaho, Nevada, New Mexico, Utah, Oregon and Wyoming (see Table 21.1). Total installed capacity was 3,101.6 MWe (9). Table 21.1 Existing geothermal installed capacity by state (MWe) (10). State Alaska California Hawaii Idaho Nevada New Mexico Oregon Utah Wyoming Total 21.3.1.2 Total Electricity Generated Total Installed Capacity (MWe) 0.73 2565.50 35.00 15.80 441.80 0.24 0.28 42.00 0.25 3,101.66 According to the Energy Information Administration (EIA), the electricity generation within the United States for 2010 from geothermal totalled 15.009 TWh (11). 21.3.1.3 New Developments During 2010 Land Lease Sales- In 2010, 97 parcels were leased by the BLM in three sales. An auction in February resulted in 21 leases in Utah and Idaho generating more than US$ 300,000 in revenue. In May, 75 parcels in Nevada were sold generating over US$ 2.8 million in revenue. A final auction in November resulted in one parcel leased in Colorado for approximately US$ 30,000 (12). 244

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