GEOTHERMAL ECONOMIC IMPACT

Slides:

Advertisements

Similar presentations

U.S. Geothermal Power Production and Development Report Dan Jennejohn Research Associate, GEA May, 2011.

Advertisements

Established in 1975 by the Legislature as a public benefit corporation Administers renewable energy and energy efficiency programs, also performs research.

Transportation and the Economy

Cuba’s Future Development Needs, Funding Models, and Alternatives. A Perspective of the Operation of a Cuban Water & Sewer Utility. Eduardo Vega-Llort,

DEPARTMENT OF TRADE AND INDUSTRY INCREASING ACCESS TO FINANCE.

1 Of all the wood harvested throughout the world, 42% goes to paper production. That number is expected to grow by more than 50% over the next 50 years.

Global Dynamism Index (GDI) 2013 summary report Model developed by the Economist Intelligence Unit (EIU)

Copyright 2005 National Business Incubation Association Helps entrepreneurial companies grow by providing targeted business support and resources Business.

Advanced Traditional Technologies used Heating and cooling Installation at radiant panels 1 VII International Congress on Educational Facilities, Guanajuato.

Entrepreneurship Seminar 2012 Embassy of the United States of America Tamale, Ghana Sept, 2012.

GEOTHERMAL BUSINESS INCUBATOR James C. Witcher Witcher and Associates Las Cruces, New Mexico NMSU Geothermal Incubator Greenhouse, Las Cruces, New MexicoNMSU.

State Incentives for Energy Efficiency Commercial and Industrial New Jersey Board of Public Utilities Office of Clean Energy Mona L. Mosser Bureau of Energy.

BDP EVALUATION Presentation to Canadian Evaluation Society Darlene Jones Manager, Evaluation - ACOA June 2003.

Committed to the Future of Rural Communities USDA Rural Development’s Financial & Technical Assistance Programs are designed to offer Rural America: Affordable.

Private Agricultural R&D in Pakistan: Preliminary Findings Anwar naseem.

How and Where will Renewable Energy Development Create Jobs? 1.What kinds of jobs/occupations will be in demand? 2. In what parts of the country is there.

How and Where will Renewable Energy Development Create Jobs? 1.What kinds of jobs/occupations will be in demand? 2. In what parts of the country is there.

Understanding the Agriculture Industry

Municipal and Industrial Conservation and Water Reuse Workgroup Elizabeth Lovsted Sr. Civil Engineer Urban Water Institute Annual Water Policy Conference.

Broadening the Marcellus Discussion – Issues and Economics of the Resource Thomas Murphy Penn State Cooperative Extension October 2009.

New Mexico's Economy: Recent Developments and Outlook New Mexico Data Users Conference Albuquerque NM November 13, 2014 Jeffrey Mitchell Director, BBER.

Fremont County – Green Spring 2012 Research Team: Jacob Tolman, Justin Andersen, Thresia Mouritsen, Joseph Huckbody, John Beck Feasibility Study.

THE EDGE CONNECTION MICRO BUSINESS CENTER BUSINESS AND KITCHEN INCUBATOR MODELS.

The Kentucky Rural Health Works Program A collaborative effort of the: UK Department of Agricultural Economics UK Center for Rural Health UK Cooperative.

Department of Natural Resources and Conservation, Water Resources Division State Water Projects Bureau Kevin B. Smith, P.E., Chief

OVERVIEW OF WOOD-FIRED DISTRICT HEATING Vermont Technical College

Wisconsin Idea… “The boundaries of the University are the boundaries of the State”

Cash Flow for Emerging Companies. Our Mission To provide a complete package of financing and services for qualified companies at a competitive cost enabling.

The United States of America Country Update Geothermal Resources Council Annual Meeting Reno, Nevada September 2005 John W. Lund, R. Gordon Bloomquist,

Energy & Environment Initiatives. 2 Technology Finance Group Supports demonstration projects & activities creating awareness The demonstration projects.

Reducing GHG Emissions: The Experience So Far Michael Northrop Rockefeller Brothers Fund WRAP in Santa Fe August 25, 2005.

Rural Development’s Rural Energy for America Program (REAP) Grants and Loans Guarantees & Renewable Energy Feasibility Studies June 5, 2009.

Joe Bovee, VP Land and Resources, Ahtna Inc. Bruce Cain, Special Projects Manager, Ahtna, Inc. Robert Wilkinson, CEO, Copper Valley Electric Association.

FIFTH ANNUAL FEDERAL ENERGY WORKSHOP & DEFENSE ENERGY PARTNERSHIP FORUM | PAGE 2 Claudia Tighe, CHP Deployment Program Manager, Sept. 16,2014 CHP Deployment.

Investing in America’s Electric Future Morry Markowitz Group Director, External Affairs New Mexico Utility Shareholders Alliance October 7, 2009.

Team Members: Mary Anne Benvenutti Chad Brown Roger Carr Elizabeth Franklin Dave Free.

Water Use In Colorado By Travis Hoesli. Water Use In Colorado Unit Learning Objectives 1. Know the different classification of water use In Colorado.

COMMUNITY CHOICE AGGREGATION: TECHNICAL STUDY RESULTS Peninsula Clean Energy September 24,2015.

1 Synergies Between Climate Change Financing Mechanisms: Options for China The PCF/CC Synergy Workshop.

Geothermal Heating System in the City of Bijeljina Bijeljina, City of Bijeljina City of Bijeljina Bosnia and Herzegovina.

BCES A Technology & Ecosystem Development Company Rural Sector Opportunity.

Spirit of Houston Past 372,207 vehicles Oct ’14.

AMREP Corporation.

Northwest Power Planning Council The Fifth Plan’s Draft Conservation Resource Assessment Summary of Results To Date April 8, 2003.

PLANNING PROCESS 1.GOALS 2.PREPARE PAST FINANCIAL STATEMENTS 3.PRICE PROJECTIONS 4.MARKETING PLAN 5.OPTIMAL COMBINATION OF INPUTS 6.OPTIMAL WHOLE-FARM.

Economic Benefits Associated with Corps of Engineers Programs Dr. Wen-Huei Chang PROSPECT COURSE - ECONOMIC ANALYSIS, March.

RANGE Resources Range Resources Company Presentation | September 30, 2009 | 1 IPAA’s 7th Annual Oil and Gas Investment Symposium Shale Gas Economics RANGE.

International Economics Developing Countries Organizations of International Economy.

Community Scale Geothermal The Pagosa Verde Model.

Northwest Power and Conservation Council The Role of Energy Efficiency in the Northwest Power and Conservation Plan Tom Eckman Manager, Conservation Resources.

Lecture 9: The Economic & Political Role of Airports By: Zuliana Ismail.

Energy Services Harsha Holalu Ramakrishna Energy Extension Specialist Department of Mechanical and Aerospace Engineering.

“Job Generation Engines – Business Incubators and Entrepreneurship in Wisconsin” Thomas S. Lyons, Ph.D. Fifth Third Bank Professor of Community Development.

Arlene Anderson, Technology Manager Geothermal Technologies Office Introduction and Background Geothermal Direct Use Technology & Marketplace | Canonsburg,

Geothermal Policy and Regulation Cases from Chile, Kenya, New Zealand and the Philippines November 2015.

1 1 DISTRIBUTION EFFICIENCY INITIATIVE (DEI) Benefits on Both Sides of the Meter RTF MEETING February 5, 2008.

Regional Greenhouse Gas Initiative The Regional Greenhouse Gas Initiative (RGGI) is the first market-based regulatory program in the United States to reduce.

- DISCOVER THE DIFFERENCE - Florida’s Natural Energy - DISCOVER THE DIFFERENCE -

Sustainable Energy Systems Engineering Peter Gevorkian Ch 12: Geothermal Energy Brevard Community College ETP1420 Bruce Hesher.

The Clean Air Act: 40 Years of Economic Benefits for Small Businesses Presentation by John Arensmeyer Small Business Majority July 18, 2011.

Qingrui Huang Green Jobs Learning and Planning Meeting Bangkok, Thailand 28 April, 2014 Skills Development Project for Green Jobs in the Energy Efficiency.

Welcome to Atlanta and Georgia Tech Dr. G. Wayne Clough President, Georgia Institute of Technology Association of University Research Parks October 26,

How and Where will Renewable Energy Development Create Jobs?

How and Where will Renewable Energy Development Create Jobs?

How and Where will Renewable Economic Development Create Jobs?

Engineering Economic Decisions

Geothermal Energy Heat flow from Earth’s Crust

Presentation transcript:

GEOTHERMAL ECONOMIC IMPACT James C. Witcher Southwest Technology Development Institute NEW MEXICO STATE UNIVERSITY Las Cruces, NM GEOTHERMAL CORE DRILLING, MCGREGOR RANGE, NEW MEXICO

GEOTHERMAL DIRECT-USE GREENHOUSES INDUSTRIAL USES AQUACULTURE SPACE/DISTRICT HEATING Plate and Frame Heat Exchanger SWTDI/NMSU Business Incubator Greenhouse, Las Cruces, New Mexico

GEOTHERMAL GREENHOUSING

GEOTHERMAL AQUACULTURE GEOTHERMAL TALAPIA FARM NEAR HYDER, ARIZONA

GEOTHERMAL IS AN ECONOMIC DEVELOPMENT TOOL IN RURAL AREAS SUMMARY OF WHOLESALE CASH RECIEPTS $$$$$$ Pump testing AmeriCulture 1 State well, Animas Valley, New Mexico

GEOTHERMAL POWER CASH FLOW $0.045 kW/hr cost (wholesale) 8,760 hrs/yr ~$394 thousand per MW/yr

GEOTHERMAL GREENHOUSE CASH FLOW Annual sales of $325,000 to $850,000 per acre (wholesale) 4 to 8 employees per acre $18,900/yr energy savings per acre in southern New Mexico 4,200 MMbtu/yr at $1.50/MMbtu Natural gas $6.00/MMbtu (boiler inefficiency included)

DEVELOPMENT INFRASTRUCTURE PRODUCTION WELLS INJECTION WELLS HEAT EXCHANGERS PIPE LINES Drilling Masson 36 well, Radium Springs, New Mexico

DEVELOPMENT APPROACH Alligator aquaculture, Alamosa, Colorado RESOURCE ASSESSMENT AND RESERVOIR CONFIRMATION ENGINEERING FEASIBILITY PERMITTING BUSINESS AND MARKETING PLAN RESOURCE MANAGEMENT PLAN Alligator aquaculture, Alamosa, Colorado

GEOTHERMAL GREENHOUSING NEW MEXICO LEADS THE NATION IN GEOTHERMAL GREENHOUSE ACREAGE A TOP TEN RANKING IN AGRICULTURE SECTOR ECONOMY AHEAD OF CHILE GROWTH POTENTIAL VERY HIGH PAST GROWTH SPURRED BY SWTDI/NMSU RESEARCH AND BUSINESS INCUBATOR GREENHOUSE IN LAS CRUCES

SOUTHWEST TECHNOLOGY DEVELOPMENT INSTITUTE AT NEW MEXICO STATE UNIVERSITY GEOTHERMAL GREENHOUSE FIVE CLIENTS SINCE 1987 – FIFTH CLIENT CURRENTLY LEASING FACILITY FOUR COMMERCIAL GREENHOUSES WITH TOTAL ACREAGE OVER 30 ACRES 18 ACRES ARE GEOTHERMALLY-HEATED ESTIMATED 270 JOBS CREATED ESTIMATED CAPITAL INVESTMENT MORE THAN $10 MILLION ESTIMATED ANNUAL SALES OVER $14 MILLION SWTDI/NMSU Business Incubator Geothermal Greenhouse Las Cruces, New Mexico

CONCLUSION Direct-use geothermal can be an economic development tool is rural areas. Successful geothermal projects require a sound business plan. A university-based business incubator coupled with technical assistance can spur successful development.