Sierra Geothermal begins Nevada drilling

02.13.07 | Comment?

The Reese River project is underway with a 1,200m slim hole for exploration. Sierra Geothermal expects to tap somewhere between 13 and 30 megawatts (MW) when the project enters production. At 30MW, that represents enough power to run around 26,000 households in the US for a year.

An interesting side note on this is that Sierra’s drilling program is receiving some $580,000 of Federal assistance throught the GRED program, a program that has been eliminated with the release of the FY2007 US Federal budget. See this entry for more detail on this subject.

Thanks to Jim for passing this along.

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