Idaho plans to remove development obstacles
Raft River geothermal plant, Idaho, (source: U.S. Geothermal)
Alexander Richter
15 Feb 2011
The state of Idaho is looking at spurring geothermal development by removing some hurdles, including a 10-year expiration clause, restrictions on lease sizes and reduce royalty fees for power producers.
The U.S. state of Idaho holds the third largest geothermal resource in the U.S. after California and Nevada. And with increased development in Nevada and elsewhere, Idaho is looking at easing restrictions on development on state-owned lands, all int he hope of attracting new interest and investment.
There have been four bills in the state legislature “that could remove a 10-year expiration clause on geothermal leases to allow companies more time to develop projects, as they remove restrictions on geothermal lease sizes and reduce royalty fees for power producers.”, so a recent piece in Greenwire/ NY Times.
The article goes on explaining certain issues regarding geothermal development in Idaho and is quite resourceful.
Source: NY Times/ Greenwire
