Event draws wide range of geothermal professionals to discuss the opportunities and challenges facing geothermal industry growth.
Policy makers, utilities officials, industry leaders and geothermal professionals will descend on The Grand Sierra Resort in Reno, Nevada, on the 5-6 of August to discuss the opportunities and challenges facing geothermal industry growth. Often referred to as the “the global business center for geothermal,” Nevada is home to 12 major geothermal developers/operators. Additionally, the geothermal energy plants surrounding Reno produce enough power to support the city’s residential load.
“The United States is the leader in geothermal, and the Western States are trailblazers for the technology,” noted Kari Gawell, GEA executive director. “But there is much work to be done for geothermal to reach its potential. It is imperative to bring together policy makers and business leaders to examine the challenges that are holding back geothermal.”
Year-end data shows that Nevada has proven itself as one of the most business-friendly environments for the geothermal industry, with the number of developing projects reaching 45 — that’s more than double that of California, according to GEA. Still, the geothermal resource base is still largely untapped, observers say. With new initiatives in Nevada, California and Oregon moving to recognize the values of geothermal power, GEA is optimistic that state policies could spark another period of growth in geothermal power over the next decade.
Check back here for any news coming out of the Summit!