Thursday, December 20, 2012

Utah Discovery One of the Top Geothermal Events of 2012

Seeking Alpha, a financial and stock tracking website, released "Geothermal's Big 12 Events of 2012" by Herman Trabish, on December 18, 2012.  Included in the list at number 7 was the Utah Geological Survey (UGS) discovery of a major sedimentary geothermal resource in the Black Rock Desert Basin as part of the new data collected under the Department of Energy-funded AASG State Geological Survey Contributions to the National Geothermal Data System project.  UGS released this news at the 2012 Annual Meeting of the Geothermal Resources Council in early October, 2012.  
Text from the article: 
"Seven: Utah Geological Survey testing discovered a new type of high-temperature energy reservoir in the Utah-Arizona-Nevada Black Rock desert basin that showed a potential equivalent to California’s Geysers, the Calpine Corp. (CPN) fields that produce a third of the world’s geothermal energy."

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