1 / 21

Company Information

Company Information. US Geothermal Inc. Founded in Idaho and based in Boise Publicly traded on TSX Venture Exchange - GTH and OTCBB - UGTH. Management Team. Daniel Kunz –President, CEO & Director Doug Glaspey - COO & Director Kevin Kitz - VP Project Development

angelo
Download Presentation

Company Information

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Company Information • US Geothermal Inc. • Founded in Idaho and based in Boise • Publicly traded on TSX Venture Exchange - GTH and OTCBB - UGTH

  2. Management Team • Daniel Kunz –President, CEO & Director • Doug Glaspey - COO & Director • Kevin Kitz - VP Project Development • Robert Cline – VP Engineering • Kerry Hawkley – CFO & Secretary

  3. Raft River Location

  4. Raft River Project • US Department of Energy site from l975-l983 • $40 million was spent by DOE on a 7 megawatt binary cycle demonstration power plant. • Acquired by USGEO June 2002. • Own 660 acres and have a total of 4,417 acres (7.9 square miles) under lease.

  5. Why Geothermal Power? • Clean, safe, emission free • 100 MW eliminates 560,000 tons greenhouse gases annually • Highest rate of production (MWH) to capacity (MW) of any type of power plant • Generates continuous power • Only alternative energy capable of “baseload” power • Renewable and Sustainable • Does not consume wasting commodity • Re-injection of spent fluid • Plants can operate at over 98% availability

  6. Raft River Infrastructure • Geothermal Wells • 5 production wells, 2 injection wells, 7 monitoring wells • Office/control room building, shop building, 15 ton crane, wellfield power grid, 300K gallon water tank, warehouse, maintenance offices • Adjacent to BPA’s 138 KV transmission line • 120 MW total capacity and 60MW of available capacity • Year round access via state highway, county road

  7. Office/Shop Complex – Raft River Mt. Range in Background

  8. Raft River Proposed Development • Phase 1 10-12 MW to begin construction 2006 • using Ormat binary cycle energy converters. • Phase 2 additional 10-20 MW, construction 2007 • Additional phases will need additional permitting • 123 MW proven geothermal energy reserves and resources estimated for 7.9 square miles.

  9. Workover Rig on RRG-1

  10. Pump in RRG-2

  11. Stinger

  12. Placing Stinger in RRG-2

  13. Flow Test – RRG-5 June 2004

  14. Geothermal Reservoir – Cross Section

  15. Well Temperature Profiles

  16. Raft River Reservoir Model

  17. 12 MW Soda Lake, Nevada

  18. 30 MW Steamboat Springs, Reno, Nevada

  19. Clean Power From the Earth

More Related