cfo4nova

The Five Most Important Energy Forecasts of 2008

Geothermal seems to be the least discussed Alt-E resource and one of the cleanest most consistent producers. Why do you suppose that is?

The political system is encouraging power production of this type and the carbon credit markets will find footing in the near future. Projects are being developed worldwide and will likely gain additional favor in days/yrs to come. I am an advocate of the technology and can not see any real downside to it.

The West has a number of new and existing plants. Western Geopower Inc. is moving ahead with their project at the Geysers in Healdsburg (Napa County, CA) will be online with a new 35Mw plant in April 2010 and currently has over half its needed steam behind pipe. They have PG&E and NCPA contracts signed and is poised to meet or beat its April 2010 deadline for plugging in to the grid. Western (WGPWF)is a speculative play priced in the 12 cent range, which in a matter af a few short months aught to bring a minimum of a ten-fold return. You heard it here first.