Solar charged geothermal storage power technology receives approval in Nevada
A company in Nevada working on solar augmented geothermal energy technology has secured an order from the Public Utilities Commission allowing it to serve end-use customers in Nevada without state regulation.
UC Won, LLC is pleased to announce it has secured an order from the Public Utilities Commission confirming that UC Won’s solar augmented geothermal energy technology could be used to serve an end-use customer in Nevada without state regulation.
Curt Ledford, attorney for UC Won with the law firm Davison Van Cleve, said, “Today, the Commission’s ruling certifies that UC Won’s revolutionary technology can be used in Nevada to serve a specific customer seeking 100% renewable resources to serve its needs.”
The Commission’s Order in this docket confirmed UC Won’s understanding that the project would not be prohibited by Nevada law or subject to rate regulation by the Commission. The Commission, in its order, stated: “The facility described in the Petition is not a public utility.” In addition, the Commission finds that requirements of the recently amended NRS 704B, “do not apply to the transaction described in the Petition.”
Mark Hauenstein, managing partner at UC Won, said, “We thank the Commission and its Staff for its reasoning and thoughtfulness as it reviewed our request for a Declaratory Order for our proposed generation project. We also applaud the Commission for its efforts in considering an innovative approach to serving new electrical generation needs. This will help ensure that Nevada stays on track in the development and deployment of new renewable energy technologies.”
UC Won, LLC is a Nevada limited liability company, founded in 2012 to create and manage a portfolio of intellectual properties focused on energy related technologies that are aligned with long term sustainable environmental goals.
RenewGeo (renewgeo.com) represents the proprietary process called Solar Augmented Geothermal Energy where solar heat is stored in the ground to create 24 / 7 sustainable geothermal produced electrical power.
Geothermally produced electricity is among the few methods that provides a continuous and reliable source of clean, carbon free power. RenewGeo is the only known technology that has the potential to take solar heat to create power from large scale, in-ground thermal storage.
Source: Company release via PR Web