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Geothermal Direct Use Pricing Survey

Sifford, Alex

Key words
Direct Use; USA; California; Colorado; Idaho; Nevada; Oregon; Economics; District Heating Systems
Location
California; Colorado; Idaho; Nevada; Oregon
Conference
Geothermal Resources Council Transactions
Year
1985
Session
Direct use; Economics; Energy markets; Financing
Language
English

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Abstract

An updated survey of pricing terms in direct use projects in western states is presented. The survey was undertaken to determine the character of pricing strategies which are currently in place or proposed for direct use projects. A majority of projects are shown to base their geothermal price on a discounted natural gas rate. the average discounted rate for non profit projects is calculated to be 60% of current gas rates; for profit projects the average is 70% of gas rates. The average delivered geothermal price for all project basing rates on gas and oil was $4.64 per million British thermal units (MBtu) as of March 1985.

Copyright 1985, Geothermal Resources Council. Readers who download papers from this site should honour the copyright of the original authors, and may not copy or distribute the work further without the permission of the original publisher.

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