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In addition to supporting geothermal research and development through ARRA funds the DOE chose 21 recipients to receive federal funding for projects engaged in the research, development, and demonstration of EGS. Subject to annual appropriations the DOE will award $43.1m to the recipients over a period of four years. With cost-share by the recipients, the public-private investments total around $78m. Among the 21 projects chosen to receive DOE funding are four EGS cooperative projects which aim to achieve EGS technology readiness by 2015. Figure 9 below provides further details on the four projects. 14 Figure 10: EGS Systems Demonstration Awardees - Geysers Power Co. Location CA Project Description Demonstrate deepening of wells into high-temperature zones Funding $5,697,700 - Alta Rock - Northern California Power Agency - University of Utah - Texas A&M University - SAIC - Temple University WA Demonstrate stimulation process to create EGS reservoir that drills below permeable zone $6,014,351 - ORMAT Nevada, Inc. and GeothermEx - Lawrence Berkeley National Laboratory - University of Utah - Pinnacle Technologies - GeoMechanics International - University of Nevada Reno - TerraTek/ Schlumberger NV Demonstration ability to stimulate multiple wells at Brady Field $3,374,430 - University of Utah and U.S. Geothermal - APEX Petroleum Engineering Services - HiPoint Reservoir Imaging - Chevron UT Demonstrate monitored hydraulic stimulation of existing injection well $8,928,999 Systems Demonstration Total Source: DOE, Geothermal Technologies Program $24,015,480 6.2 Bureau of Land Management Lease Sales The U.S. Bureau of Land Management (BLM) held geothermal lease sales in July 2009 which resulted in the sale of 255,355 acres of land and total revenue of approximately $9 million. The total amount of dollars generated by bonus bids as well as the average price per acre was higher than those of the previous geothermal lease sale in December 2008. Still, half of the parcels in Nevada were sold for the minimum $2/acre minimum and approximately 25% of the parcels offered did not draw any bids. According to the BLM 50% of revenues from the lease sale is distributed to the state in which leased land is located, and 25% is distributed to the counties in which leased land is located. The 14 DOE, EERE, GTP. National Geothermal Action Plan (Draft). 2009. Page 28. Page | 20PDF Image | U.S. Geothermal Power Production and Development Update 2009
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