Less than a year after announcing its deal with Merrill Lynch, Raser Technologies is set to open its first low-temp geothermal plant tomorrow in Utah. While it remains to be seen what happens when the switch is flipped, the company has so far made good on its promise to build geothermal plants in record time — it typically takes up to five years, and Raser has done it in less than one.
The 10-megawatt plant pulls together 50 small units to tap into a small sliver of 120,000 megawatts of low- and medium-temperature geothermal resources cataloged by the National Renewable Energy Laboratory and U.S. Geological Survey. Raser claims accessing low- and medium-temp geothermal power could eventually help meet about a third of U.S. energy needs. “Many geothermal wells have already been drilled and capped in the past, but laid dormant because they were thought to be not hot enough to be economically viable,” says David West, VP of marketing for the company.


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