I only saw one source to this article and I think they are indicating much higher wattage than what I remember reading about (if that is the only project). This project is being subsidized by the state of Alaska (who is getting paid money for the lease so maybe subsidized is a loose term here). The silver lining if the report is true is that they will be able to drop the lease.
As per your cited source, there are major upfront costs for geothermal, in this case, things didn't pan out.
"The rock type found (conglomerate) is inferior for geothermal development than the rock type (volcanic) that we anticipated based on all available data, and the temperature gradient measured was lower than expected,” Thomsen said in an e-mail."
seems to be some negative articles in a buisness journal type publications claiming that the pump problems were preventable (meaning that the problem is solved??) and that someone should be fired. I think I would want another source to these two articles/.