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Business, Energy

Raft River one step closer

11.28.07 | Comment?

Via Yahoo News:

The plant originally commenced the test phase of power production on October 18th and operated over a six-day period until October 23rd, during which time it ran for 108 hours and generated a total of 1,022 gross megawatt-hours of electrical power. On October 21st the plant operated for 24 hours and produced a peak output of 13.2 megawatts. The first revenue from the test run has been received from Idaho Power Company.

The plant will now continue an approximate sixty to ninety-day start-up and testing phase during which time all generated electricity is being sold. Plant operations are being scheduled to allow for operator training, equipment testing and for Ormat Nevada Inc. to complete power plant performance testing and other completion obligations.

Read more…

US Geothermal is keeping to its announced timing around the project, despite unforeseen problems, which is good news for investors.

Disclosure: The author holds no position in US Geothermal.

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