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TAS Energy starts performance testing at San Emidio plant of U.S. Geothermal

TAS Energy starts performance testing at San Emidio plant of U.S. Geothermal San Emidio plant, Nevada (source: U.S. Geothermal)
Alexander Richter 11 May 2012

TAS Energy as EPC contractor for the San Emidio geothermal power plant of U.S. Geothermal has started performance tests prior to starting commercial operation expected soon.

In a release by the development company, U.S. Geothermal announces that its EPC contractor TAS Energy “has started performance testing on the new 8.6 net megawatt San Emidio power plant. Performance testing includes guaranteed output, capacity, reliability and continuous operation tests that the plant must pass to achieve both commercial operation under the PPA and substantial completion under the EPC contract.

The plant has undergone component commissioning during the past three weeks and has operated at generation levels of up to 9 megawatts net (12 megawatts gross). During commissioning and performance testing, all power generated is sold under the PPA at a rate of $50.00 per megawatt-hour until commercial operation is achieved. Upon acceptance of commercial operation by NV Energy, the power rate will increase to $89.75 per megawatt-hour with a 1% annual escalation.

The EPC contractor is providing its services under a fixed price contract that includes financial guarantees for the original completion date and power output of the plant.”

Source: Company release via Marketwatch