U Go Senator
Montana Senator Jon Tester is aiming to introduce a bill that would set a target of generating 50,000 MW of geothermal energy by 2025.
In a statement Tester said: “Montana’s public lands contain some of the best renewable energy sources in the world, and we should be leading the nation to increase our energy independence and reduce the amount of carbon we put into the atmosphere. Developing Montana’s geothermal resources will expand our energy portfolio and create good-paying jobs that can’t be outsourced.” Tester.....
And more news on how great geothermal is...so why is it stuck in the mud........Koch Brothers comes to mind.........
"Geothermal Power Ready to Meet Future Power System Needs, New Report Concludes"
Geothermal energy is the few renewable energy sources to date that can provide a full range of both ancillary services and baseload power to a power system,” asserts Matek. The report, Firm and Flexible Power Services Available from Geothermal Facilities, documents previous geothermal project utilization as flexible capacity, highlighting experiences in Hawaii and California. “For most geothermal power plants, flexibility is more of an economic issue than a technical one,” the report concludes.
State and regional power officials have been asking what role geothermal power can play in the low-carbon power system of the future,” Karl Gawell, GEA’s Executive Director stated. “This report replies, ‘geothermal is ready’ to be part of a climate friendly power system and points out that what is needed are the right policies to facilitate its expanded role.”
This is interesting as well...a little exposure always helps.....
Davis, California, USA: The Geothermal Resources Council (GRC) is recommending early registration for the Yellowstone Geothermal Workshop from June 22-26. Some places are available which are sure to be filled by the deadline of June 12.
In addition to Yellowstone National Park the trip will visit the 13 MW net capacity U.S. Geothermal Raft River geothermal power plant and the Raft River Enhanced Geothermal System (EGS) site where reservoir stimulation activities are being conducted.
Way to get out there to promote the company,
Hope they have something big to say instead of the same stuff, which is good, but we need something big to kick the sp in the butt......
1) Doug Glaspey, President and COO will be a featured presenter at the 2015 Marcum MicroCap Conference on Wednesday, May 27, 2015
2) Mr. Glaspey will be attending one on one meetings with Investors at the 2015 Cowen - Technology, Media & Telecom Conference on Thursday, May 28,
3) Jonathan Zurkoff, Executive Vice President Finance and Treasurer, will be a featured presenter at the 2015 LD Micro Conference in Los Angeles on June 2, 2015 a
Good one, thanks for posting the info. That is what these sites are for, to help disseminate info to fellow investors. No one has the time to do all the research required these days with all the info available.
Followed some of the links in the article. Liked this comment in the google link...The comment is 100% correct. It is the oil and coal industries that control many in congress. Need to get their control out of politics and let renewable energy fly, but they have soooo much money and most politician are too dependent on their money.
"He added: "While Google is investing in 21st century energy solutions, Congress continues to be hung up on 19th century technologies like oil and coal."
Well that's my rant for the day.
Lets see what the Q1 report presents tonight and what is said in the CC on Tuesday.
I hear you philo, it has been long wait but our time has come. Been a silent lurker for awhile, just hanging around. Certainly listening to Sam at the end of the CCs was always an extra treat for us longtimers. Knowing I was in good company with SD interested in WYY, since he would certainly know the need for WYY services and products would be in demand with the crazy cyber thieves out there. Should be a fun couple of months. ahead for us old timers. It is funny having the porfoliobashers types showing up at this time.....
That is some impressive AH volume and SP.
Thanks for all your effort philoette keeping a civil and informative YMB............
good stuff. thanks.
liked the posted comment..."This isn't just a hot spot for geothermal activity."......kids....been there done it....but did not trash it....
"Geologists Dave Tucker and Pete Stelling recently hiked to the Mount Baker Hot Springs, located within the national forest. The faint smell of sulfur greet them as they arrive at the hot springs. If you are picturing a beautiful, bubbling pool surrounded by ferns, stop.
The springs are trashed — beer bottles and cans, orange peels, a discarded bra in the mud next to a waist-deep pool of murky water. This isn't just a hot spot for geothermal activity. It's also a hot spot for local college kids who are looking for a soak in the springs."
Not bad, impressive up-time for two plants, and one had a minor upset. Will be interested in hopefully learning more during the CC.
"During the first quarter, our operations team continued to do an outstanding job of providing high operational availability at all of our facilities", said Dennis Gilles, Chief Executive Officer of U.S. Geothermal. "Our optimism for growth this year remains high considering the numerous opportunities we are evaluating."
Well I for one appreciate the heck out of your effort. Thanks. There is Mr Gilles, when head of Calpine, at 13:50, and other familiar names in the video. A lot of good stuff (and yes bad stuff, for a challenge), nice to see the word getting out there on geothermal, will send it off to interested friends.
Always the negative, naysayers, must be from the burn baby burn crowd, no matter what.
Thanks for the speculation, was wondering about the reasoning behind that switch. More confidence in the numbers will help, but there would be no need for an accounting firm if the company is not business. So mine is more interesting, expansion of the geothermal market....IMO of course........ :-)
In any case hopefully both items, and more, will help the SP get to a buck or more, with an RS.... :-(
Some good news for HTM.........Appears Geothermal is getting the recognition it deserves, finally....solar and wind is okay, but geothermal is 24/7/365.....seems Geothermal is the place to be these days....
1) Risch, Wyden Introduce Bill to Spur Geothermal Energy
“We thank Senators Wyden and Risch for their continued strong support of the geothermal industry with their introduction of the Geothermal Production Expansion Act,” said Doug Glaspey, President and COO of U.S. Geothermal, Inc. “This is an important piece that improves the federal leasing system and will help geothermal developers move projects toward production.”
2) Senators’ New GEO Act Pub date: Thursday, April 9, 2015 - 10:51
"We love geothermal and have seen it provide heating and cooling and, in more isolated cases, KW production. Tapping into the Earth's core ambient temperature and using little power to bring it to our buildings is an efficient way of using energy."
"We have seen geothermal used on a large scale in New Mexico as one of their main power companies brought on a new plant last year. Based on our experiences, we'd like to see Congress open up some of the public lands, with better permitting, for such use. "
Senators’ New GEO Act Addresses Geothermal Exploration Catch-22
3) Interesting comment by Doug, did not know that......." Doug Glaspey, President at US Geothermal said, “The team that started US Geothermal came to the geothermal industry from the mining industry, and one of our goals for success was to avoid Federal property if at all possible, because we knew how long it took to get through the permitting process. "
On to next week...
At first thought cool, then looked, it was only around 50,000 shares, but then again, the 3.7 million new shares purchased by Private Management Group of CA, seemed much more interesting, IMO. So thanks for making me look...