News

U.S.: BLM to offer first ever geothermal parcel in Colorado

Alexander Richter 15 Sep 2009

The U.S. Bureau of Land Management will for the firs time offer parcels for geothermal development in Colorado in a sale on November 12, 2009.

Reported in the U.S., the Bureau of Land Management will for the firs time offer parcels for geothermal development in Colorado. “The Nov. 12 sale of leases to allow industry access to federally owned lands in Colorado will include one, 800-acre parcel for developing geothermal power, the federal Bureau of Land Management said.

It’s the first time the BLM has offered a parcel specifically for geothermal power development in Colorado. Typically, the BLM’s lease sales offer parcels intended for oil and gas development.

The agency will offer for lease a parcel sized at 799.2 acres for subsurface federal mineral rights. The parcel is in Chaffee County, near the Mount Princeton Hot Springs Resort west of Buena Vista.

Geothermal power refers to efforts to use the Earth’s heat — or hot water trapped deep underground in fault lines — to generate electricity.

The sale will offer a total of 60 parcels covering 22,647 acres. Anyone wishing to protest the parcels being offer for least at the sale must file a letter with the BLM by 4 p.m. MDT Oct. 28.”

Official BLM release on sale in Colorado

Source: Denver Business Journal