Energy policy act of 1992 opens doors for independent geothermal power producers

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The Energy Policy Act of 1992 embraces and implements many of the actions recommended by the President in the National Energy Strategy. Independent geothermal power producers may be direct beneficiaries of 1) further deregulation of IPPs through their exemption from the provisions of the Public Utility Holding Company Act and 2) potentially freer access to utility-owned transmission facilities. However, these doors will not be fully opened to geothermal energy until this resource can compete with other fuels in cost considerations. While changes in public policy, such as inclusion of externalities in the price of power or financial penalties on carbon ... continued below

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189-192

Creation Information

Mock, John E. January 28, 1993.

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Description

The Energy Policy Act of 1992 embraces and implements many of the actions recommended by the President in the National Energy Strategy. Independent geothermal power producers may be direct beneficiaries of 1) further deregulation of IPPs through their exemption from the provisions of the Public Utility Holding Company Act and 2) potentially freer access to utility-owned transmission facilities. However, these doors will not be fully opened to geothermal energy until this resource can compete with other fuels in cost considerations. While changes in public policy, such as inclusion of externalities in the price of power or financial penalties on carbon dioxide emissions, will level the playing field somewhat, reductions in cost will be the ultimate marketing tool. This is particularly critical in the economics of power derived from "new," as yet undiscovered reservoirs which will reflect the high costs of today's exploration methods. The Department of Energy's geothermal R&D program, in cooperation with industry, is undertaking, as described in this paper, to achieve the technology cost reductions needed to permit this resource to enjoy a status equal to or better than that of competing fuels at the utility least-cost bargaining table.

Physical Description

189-192

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  • Proceedings, eighteenth workshop on geothermal reservoir engineering, Stanford University, Stanford, CA, January 26-28, 1993

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  • Report No.: SGP-TR-145-27
  • Grant Number: None
  • Office of Scientific & Technical Information Report Number: 888932
  • Archival Resource Key: ark:/67531/metadc876328

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Office of Scientific & Technical Information Technical Reports

Reports, articles and other documents harvested from the Office of Scientific and Technical Information.

Office of Scientific and Technical Information (OSTI) is the Department of Energy (DOE) office that collects, preserves, and disseminates DOE-sponsored research and development (R&D) results that are the outcomes of R&D projects or other funded activities at DOE labs and facilities nationwide and grantees at universities and other institutions.

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Creation Date

  • January 28, 1993

Added to The UNT Digital Library

  • Sept. 21, 2016, 2:29 a.m.

Description Last Updated

  • Feb. 16, 2017, 8:52 p.m.

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Mock, John E. Energy policy act of 1992 opens doors for independent geothermal power producers, article, January 28, 1993; (digital.library.unt.edu/ark:/67531/metadc876328/: accessed April 21, 2018), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.