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Alternative Earth Resources updates on projects in California, Nevada and Oregon

Alternative Earth Resources updates on projects in California, Nevada and Oregon Drilling rig on site at Truckhaven, California (source: Enex)
Francisco Rojas 25 Sep 2013

Development company Alternative Earth Resources announces the completion of a restructuring process with a reduction in overhead and provides an update on its projects in California, Nevada and Oregon.

In a press release this week, Alternative Earth Resources (formerly Nevada Geothermal Power) provides an update on several projects of the company in California, Nevada and Oregon.

New Truckhaven Project – Imperial Valley – California

Production and injection drilling targets have been identified and the Company is seeking a development partner for a 30 MW binary geothermal power plant.

Pumpernickel Geothermal Project – Humboldt County – Nevada

A market for additional geothermal and other clean energy in Nevada is being coordinated by the Nevada Public Utilities Commission to replace lost power from coal plant closures directed by the State of Nevada. Renewal power from Pumpernickel will also gain access to markets in Southern California via the One Nevada Transmission Line currently under construction and scheduled for completion in late 2013. A state water license for power plant cooling operations has been granted.

North Valley Project – Washoe and Churchill Counties – Nevada

There is no visible thermal anomalies, yet it is expected to be over a intense geothermal field similar to the one in Blue Mountain, just 90 miles northeast of North Valley.

Crump Geyser Geothermal Project – Lake County – Oregon (Joint venture)

Alternative Earth and Ormat Nevada Inc. (“Ormat”) are equal partners in Crump Geothermal Company LLC (CGC), formed to develop of the Crump Geyser project in 2011.

An MT survey and an additional exploratory slim well, funded by Ormat and the Department of Energy (DOE) under a cost-sharing agreement, is planned to explore in the valley adjacent to past drilling.

Finally, Market conditions are improving for base load (but flexible) geothermal power developers in California and Nevada, with the permanent closure of a nuclear power plant and phasing out of coal power plants creates the need to supply them with other energy sources.”

Source: Press release via Wall Street Journal