There

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Theres no stopping Geothermal Energy Join the
bandwagon with Coproduction Maria Richards SMU
Geothermal Laboratory Coordinator Dallas,
Texas mrichard_at_smu.edu 214-768-1975
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(No Transcript)
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Geothermal Map of North America, 2004
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Based on oil and gas well bottom hole temperatures
10,000 feet depth
Uncorrected temperatures
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1
200F
1 - San Antonio 2 - Austin
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12,000 feet depth
Uncorrected temperatures
300F
2
1
200F
1 - San Antonio 2 - Austin
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Between 10,000 feet and 12,000 feet gt 18,000
wells in Gulf Coast
If 1 well 1 MW ..
If just 10 convert to geothermal production,
that is over 1800 MW of energy! Why not go for
30 and make it gt6000 MW? 1MW Geothermal 30
MW Wind
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Geopressure Power Plant

• Pleasant Bayou, Brazoria, Texas 1989-1990
• 1 MW of electricity generated during DOE test of
  concept

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Binary turbine using 165oF water Chena Hot
Springs, Alaska 7 cents per kW/h - producing
225 kW/h
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ORMAT Technologies, INC
Fall 2008
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What else do you need?
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ITEMS TO CONSIDER FOR DEVELOPMENT
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Oil and Gas are racing to Geothermal

• Increases secondary recovery
• Dissolved gas resources developed
• with geopressure projects
• Existing infrastructure - roads,
• injection wells, transmission lines, etc.
• Service industry their knowledge base
• Concern about carbon credits

Energy Dependence
Climate Change
Pollution
LOCAL
SUSTAINABLE
GREEN
National Security
Economic Concerns
Health
BASE LOAD
ZERO-EMISSION
DEPENDABLE
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November 3-4, 2009 SMU Geothermal Laboratory
Conference Dallas, Texas http//smu.edu/geothermal
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Geothermal Incentives and Financing
Geothermal Electric Development
Texas H.B. 4433 Hydrocarbon Tax Exemption from
Geothermal Wells (Effective September 1,
2009) Natural Gas/ Crude Oil Production Tax -
Exemption from Gas (7.5) Oil (4.6) Severance
Taxes - with Production of Geothermal
Energy Creates a tax exemption for any
hydrocarbons incidentally produced in
association with the production of geothermal
energy.
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Geothermal Incentives and Financing
Geothermal Heat Pumps
Texas LoanSTAR Revolving Loan Program 3 APR.
Loans are repaid through energy cost savings.
Projects must have an average payback of 10 years
or less. Repayment of loan begins after
construction is complete. Targeted for public
buildings, state agencies, school districts,
higher education, local governments, and
hospitals. Maximum amount 5 million. Program
Budget 98.6 million (revolving loan). Funding
source Petroleum Violation Escrow Funds For
information, guidelines, and application
form http//seco.cpa.state.tx.us/ls.htm
http//seco.cpa.state.tx.us/ls_guideline.htm
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Geothermal Incentives and Financing
Geothermal Heat Pumps
U.S. HR 1424 Energy Improvement Extension Act
of '08 Home and Commercial building installation
of new geothermal systems. Homeowners - One
time tax credit of 30 of the total investment
for installation in 2009 or later years. For
systems placed in service in 2008, the 2,000
limit still applies. Commercial - Credit of 10
of the total investment (no maximum) Available
through December 31, 2016. IRS Form 5695 for the
Residential Energy Efficient Property Credit to
claim the tax credit for Energy Star geothermal
heat pumps.  http//www.irs.gov/pub/irs-p
df/f5695.pdf Line 18 on the form is where you
enter "Qualified geothermal heat pump property
costs", Line 19 you multiply costs by 30.
30
10
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Geothermal Incentives and Financing
Geothermal Grants
Renewable Partnership to Secure Energy for
America (RPSEA.org) Oil and Gas related research
projects. US Department of Energy - Grants.gov
and Fedconnect.net USDA - Rural Energy for
America Program (REAP) Federal program to
increase renewable useage in rural
areas. American Recovery and Reinvestment Act
(ARRA) for Texas Comptroller's office compiled
information for potential funding opportunities.
Energy Efficiency and Conservation Block
Grant (EECBG) Program http//www.window.state.t
x.us/recovery/apply/grants.php
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Geothermal Incentives and Financing
Geothermal Incentives for all States
Database of State Incentives for Renewables and
Efficiency DSIRE is a source of information on
state, local, utility, and federal incentives and
policies that promote renewable energy and energy
efficiency. http//www.dsireusa.org/ Includes
Utility Rebates for each company.
Other ideas?
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http//www.seco.cpa.state.tx.us/publications/renew
energy/
Geothermal Energy Section
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http//smu.edu/geothermal
Maria Richards mrichard_at_smu.edu 214-768-1975