Statewide Labor Market and Economy: Utah an active player in geothermal market

Wednesday, April 4, 2012

Utah an active player in geothermal market

Utah continues to be a strong player in the geothermal industry, outpacing most of its neighboring states in electrical generation and on tap to increase capacity with 11 projects under development.

A new report by the Geothermal Energy Association released Tuesday identifies eight additional geothermal prospects for power development in Utah.

The annual U.S. Geothermal Power Production and Development Report tracked industry activity throughout 2011 and for the first quarter of 2012, indicating the geothermal industry experienced sustained and steady growth, adding 91 megawatts of newly-installed capacity. A megawatt is enough to power 500 homes. Deseret News

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