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U.S. Geothermal Inc. Message Board

stockrafter 2 posts  |  Last Activity: Apr 29, 2015 8:47 AM Member since: Jun 4, 2007
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  • Some good news for HTM.........Appears Geothermal is getting the recognition it deserves, 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...

  • 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."

0.533-0.008(-1.48%)Jun 29 4:02 PMEDT