SRP agrees to purchase additional geothermal energy
Originally published June 27, 2014
The Salt River Project has agreed to purchase an additional 37 megawatts of renewable geothermal energy from a number of plants located in the Imperial Valley of Southern California. The Phoenix-area utility amended its existing agreement with CalEnergy, LLC for 50 MW of geothermal power and will now purchase a total of 87 MW. One megawatt is about enough energy to power approximately 250 homes in the Phoenix area.
SRP’s purchase will begin with 18 MW in 2016 and grow to the full 87 MW in 2020. The purchase power agreement will run until 2039. The geothermal facilities are located in the Salton Sea Known Geothermal Resource Area.
SRP estimates that the geothermal power generated by the project will offset approximately 800 million pounds of carbon dioxide emissions each year – the equivalent of taking about 70,000 cars off the road. Under its Sustainable Portfolio goals, SRP must meet 20 percent of its retail electricity requirements through sustainable resources by the year 2020.
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