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|Articles - November 2010|
|Thursday, October 21, 2010|
The ongoing construction of a $124 million geothermal plant near Neal Hot Springs was made possible by a $102 million Department of Energy loan this summer, the largest of its kind given to a geothermal project in the country. The DOE investment and other proposed government incentives are making geothermal development in the state more feasible after years of complications from large overhead costs and environmental concerns.
Oregon’s string of extinct and active volcanoes is a monument to the rich pockets of geothermal energy buried hundreds of feet below the earth. However, most of these pockets are “blind resources,” located in undetermined areas that require exploratory drilling to determine if a given area has the right geology as well as high enough water temperature and pressure for profitable energy production — a process that costs millions and has led to dead ends in the past. Even if a suitable pocket is found, the overhead costs are still large. “It’s like buying 30 to 40 years of coal, and a plant,” Portland-based energy consultant Al Waibel says.
Like U.S Geothermal’s plant near Neal Hot Springs, geothermal development at Glass Buttes in Southern Oregon is located near hotspots with a past of exploratory drilling. It is also located near Sage Grouse breeding grounds, prompting the conservation group Oregon Natural Desert Association (ONDA) to unsuccessfully appeal the lease of the Glass Buttes area for geothermal development last year. Despite the sensitive areas, ONDA actively works with geothermal companies to find compromises such as buffer zones between wildlife areas and construction sites. “Not every project should be wiped off the list,” says Liz Nysson of ONDA.
Despite environmental concerns and exploration costs, the potential is there. Canadian company Nevada Geothermal Power (NGP) received a $1.8 million DOE grant in January to explore the Crump geyser near Lakeview and claims it has the potential to produce 30 megawatts of energy, similar to the Neal Hot Springs site. Next year, NGP may have even more incentive to push ahead thanks to the Geothermal Energy Investment Act of 2010, legislation introduced by U.S. Sens. Mike Crapo, R-ID, and Ron Wyden, D-OR, in September. Geothermal producers currently get a tax credit of 10% of power produced. The bill would increase that to 30% through 2016.
With such initiatives under way, prospects for geothermal energy in the state are bright. “Long-term costs are extremely low,” Waibel says, “It’s ‘on’ 24 hours a day.”
Friday, May 22, 2015
BY EMILY LIEDEL
Inside the topsy-turvy world of corporate sustainability rankings.
Tuesday, May 26, 2015
BY JASON E. KAPLAN | STAFF PHOTOGRAPHER
New Jersey and Oregon are the only two states in the U.S. that ban self serve gas stations. But these two holdouts may be ready to give up the game. New Jersey is considering legislation that would lift the state's ban on pumping your own gas. Oregon is considering smaller scale changes.
Wednesday, May 27, 2015
BY LINDA BAKER | EDITOR
More than 250 people turned out today for Oregon Business magazine’s seventh annual celebration of the 100 Best Green Companies to Work For in Oregon.
Tuesday, June 23, 2015
Oregon’s new marijuana law is expected to lead to a bevy of new business opportunities for the state. And not just for growers. Law firms, HR consultants, energy efficiency companies and many others are expected to benefit from the decriminalization of pot, according to panelists at an Oregon Business breakfast meeting on Tuesday.
Friday, May 08, 2015
BY CHRIS NOBLE | PHOTOS BY JASON E. KAPLAN
Hagfish may not have evolved much over the last 300 million years, but their protein-heavy slime promises advances in super-materials.
Thursday, June 11, 2015
In 2014, total revenue for camping and day use in Oregon State Parks was a little more than $17 million. That figure may even higher this year "because we've had exceptionally nice weather," Hughes says.
Thursday, May 14, 2015
BY JASON E. KAPLAN | STAFF PHOTOGRAPHER
There are more than 160 farmers markets in Oregon, contributing an estimated $50 million in sales, according to the Oregon Farmers Markets Association. We checked in on the Forest Grove market, which for several years has brought local produce and food vendors to Main Street in the center of town.
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Oregon-based Environments helps companies create inspired workspaces. “Simply put, we help companies future-proof their workspaces,” says Chris Corrado, president. Since 1988,Environments has witnessed firsthand the changing landscape of business. Native Portlander and Environments founder Corrado says, “We help our clients navigate the complex realities of the workplace today and plan for their future in a very mindful, strategic way. We think of ourselves as their partners in the process.”
One hundred years ago, the Willamette River might easily have been mistaken for a sewer. Unchecked industrial activity and decades of pollution made it unrecognizable compared to the clean river that now flows north for 187 miles from Eugene through the center of Portland.
3 Degrees Event Celebrates 5th Year Bringing Nonprofit and Business Professionals Together to Benefit Portland.
Bend energy leader brings passion for efficiency and renewable energy to the nonprofit.
Event in Forest Grove marks recognition of Global Food Safety Initiative Certification.