1. GEOTHERMAL POWER GENERATION WORKSHOP Organized by U.S. DOE/GPW Held in Utah August 17, in SLC at DNR Designed for utility resource personnel Focused on the key benefits and risks of including geothermal power in a utility’s resource portfolio

2. An Unusual Time!  Highest Natural Gas Prices in History.  Highest Coal Prices in 10 – 15 Years.  Highest Oil Prices Since Gulf War.  Highest Uranium Prices Since 1980s.  All happening within past 3 months to 4 years. Source: EIA Monthly Energy Review – July 2004, and EIA Annual Energy Outlook with Projections to 2025.

3. GEOTHERMAL POWER GENERATION WORKSHOP Geothermal power and innovations in generation technologies. Power purchase agreements (terms and conditions), reliability, scheduling, transmission costs, etc. Steps necessary to get a geothermal project developed and on line.

4. GEOTHERMAL POWER GENERATION WORKSHOP Difference between the cost and value of having geothermal in a utility resource portfolio Comparison with other resource options, price stability, risk mitigation, distribution benefits, portfolio diversity, green tags, tradable offsets, fuel price projections, and customer and public acceptance Major parts of a model power purchase agreement

5. GEOTHERMAL POWER GENERATION WORKSHOP Geothermal Energy Portfolio from a Utility Perspective –L. Pexton, Utah Municipal Power Agency – Bonnett plant experience –G. Larsen, Pacificorp Blundell plant experience –R. Putnam, CH2M Hill – G&T Cooperatives Getting a Geothermal Power Project Developed and On Line –D. Schochet, Ormat International, Inc.

6. GEOTHERMAL POWER GENERATION WORKSHOP The Role of Geothermal in a Diverse Utility Portfolio –R. Hill, GPW Technical Director – Energy diversity and security in western U.S. (portfolio optimization) Power Purchase Agreements –N. Littleboy, DNR/SEP –D. Hunter, UAMPS - UAMPS overview –E. Wessman, Pacificorp – Pacificorp IRP update –J. Wellinghoff, Beckley Singleton

7. GEOTHERMAL POWER GENERATION WORKSHOP Project Development and Management Expertise –G. Nelson, Utility Energy Forum –S. Petty, Black Mountain Technology – Cost and Supply of Geothermal Power –B. Levy, Amp Resources – Geothermal Power Project Development

8. GEOTHERMAL POWER GENERATION WORKSHOP Permitting, Regulatory, and Environmental Issues –J. Wellinghoff, Beckley Singleton –M. Tempest, Utah Div. Water Rights –T. Wagner, Utah Chapter, Sierra Club –S. Wright, Utah Clean Energy –B. Wilson, Utah Public Service Commission –B. Henricks, Bureau of Land Management

9. GEOTHERMAL POWER GENERATION WORKSHOP ~ 45 participants Presentations, attendee list, and summary to be available at: http://geology.utah.gov > geothermal > Utah Geothermal Working Group