Greider geothermal statement, based on testimony presented to Lt. Gov. Dymally Committee. [Development of geothermal industry]
Factors that contribute to the delay of geothermal development by utilities are discussed. These include: the increasingly complex regulations on the Geysers field; low quality and sizes of hot water resources; economics of financing geothermal exploration; professional experience; and lack of faith in the technology of conversion of hot water into electricity. Key issues that must be resolved before geothermal development can significantly penetrate the electricity generation industry are presented. It is pointed out that legislation to stimulate development of California's geothermal resources should be based on consideration of the following items: streamlined controls which allow geothermal exploration and development to proceed under a minimum of effective regulation; reasonable tax provisions encouraging exploration, research, development, and production of geothermal energy; and suitable economic incentives for utility companies that will encourage early commitment to construct generating plants. (LBS)
- OSTI ID:
- 7364738
- Journal Information:
- Geotherm. Energy Mag.; (United States), Vol. 4:4
- Country of Publication:
- United States
- Language:
- English
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29 ENERGY PLANNING
POLICY AND ECONOMY
GEOTHERMAL ENERGY
ECONOMIC DEVELOPMENT
CALIFORNIA
COST
GEOTHERMAL EXPLORATION
INDUSTRY
LEGISLATION
TAXES
ENERGY
ENERGY SOURCES
EXPLORATION
NORTH AMERICA
RENEWABLE ENERGY SOURCES
USA
WESTERN REGION
150101* - Geothermal Energy- Resources & Availability- USA- (-1989)
299002 - Energy Planning & Policy- Geothermal- (-1989)