To: Wharf Rat who wrote (4848 ) 10/6/2006 10:14:13 AM From: Wharf Rat Read Replies (1) | Respond to of 24230 Geothermal Resources Could Meet California's Power Needs But New Approach Needed, Report Concludes (Seems optimistic to me; I'm one of those people mentioned at the end .."potential far greater than most imagine"..) 10/5/2006 6:17:00 PM -------------------------------------------------------------------------------- To: National and State Desk Contact: Karl Gawell, 202-454-5264 WASHINGTON, Oct. 5 /U.S. Newswire/ -- A new report concludes that California's in-state "geothermal resource base could supply more power than is currently used by all of the state's investor- owned utilities combined." But the report warns that "a business as usual approach toward resource identification and development will not result in these resources being developed in a timely manner." The report, "California's Geothermal Resource Base" by Karl Gawell, executive director of the US Geothermal Energy Association, examined resource data and studies by the US Geological Survey, US Department of Energy, US Energy Information Agency, Sandia National Laboratory, Western Governors' Association, and California Energy Commission, as well as scientific reports from the University of Utah's Energy and Geosciences Institute. The resource studies examined indicate that "California's geothermal reserves could produce between 5,000 and 25,000 Megawatts (MW), depending upon different assumptions," according to Gawell. But, "the total potential of the resource base is likely to be significantly greater," the report concludes. The report proposes a new approach to realize California's geothermal potential. "California needs to launch a collaborative government-industry effort that works towards the systematic identification and development of these resources," commented Gawell. The report calls for a "California Geothermal Development Plan." Otherwise "it would not appear likely" that a large portion of the state's geothermal resource base will be developed, the report concludes. "Without a new directive, the stalemate between government and the marketplace will limit new geothermal development in California outside of the already identified and leased or owned areas," according to Gawell. If a new approach is successful, the resulting benefits to the state could be substantial. "The potential for geothermal resources to contribute to the state of California's energy goals is far greater than most imagine," Gawell stated. The report is available at geo-energy.org .usnewswire.com releases.usnewswire.com