in News Departments > Projects & Contracts
print the content item

Arizona-based utility Salt River Project (SRP) has signed an agreement with CalEnergy LLC for the purchase of 50 MW of geothermal energy from a number of plants located in the Imperial Valley of Southern California. CalEnergy and its affiliates, subsidiaries of MidAmerican Energy Holdings Co. and TransAlta Corp., own and operate the facilities.

SRP's purchase will begin with 18 MW in 2016 and grow to the full 50 MW in 2019. The long-term agreement will continue until 2039.

According to SRP, geothermal power plants are highly reliable because they produce energy continuously, irrespective of the time of the day or weather conditions. The utility also has agreements to purchase geothermal energy from the Hudson Ranch facility in Southern California, which began operating in 2012, and the Cove Fort plant, which is currently under construction in Utah.

Under SRP's Sustainable Portfolio goals, the utility must meet 20% of its retail electricity requirements through sustainable resources by 2020. SRP says it is currently providing more than 10% of retail energy needs with sustainable resources such as solar, wind, landfill gas, geothermal, biomass, hydro and energy-efficiency measures.




Hybrid Energy Innovations 2015
Latest Top Stories

Duke Energy Commits $500M To Major Solar Expansion In N.C.

The utility company says the investment will help further diversify its portfolio, as well as increase solar power for its North Carolina customers by 60%.


Sensus Issues Refund To SaskPower After Smart Meter Woes

As SaskPower continues to swap out its Sensus units following several meter failures, the two companies have reached an agreement in order for the utility to recover costs.


The Smart Utility's Guide To Choosing A Smart Meter

Electricity providers across North America are taking on grid modernization. This article outlines the myriad factors a utility should consider in order to select the best-possible smart meter.


DOE Report: U.S. Wind Power Prices Reach All-Time Low

According to the U.S. Department of Energy (DOE), wind power continues to play a larger role in the U.S.' energy mix and is the cheapest it has ever been in the country.


Survey Reveals What U.S. Consumers Expect From Their Utilities

GE's new survey measures Americans' views on the state and future of the grid, as well as how much extra consumers would be willing to pay for better power reliability.

Hybrid Energy Innovations 2015
S&C Electric_id176
edf_id180
Future Energy_id187