Calpine Energy

Policymakers must make more effort to de-risk geothermal exploration for investors and companies, said a vice-president at a leading US generation and utility company.

Jonathan Weisgall, VP of legislative and regulatory affairs at MidAmerican Energy Holdings Company, said: “We need to de-risk this industry. The tech costs have to come down for investors too, and all the time there is the spectre of low natural gas prices. But above all we need regulatory certainty.” Keep reading →

Geothermal resources could become California’s “bread and butter” baseload power as nuclear and gas-fired plants are retired, a state commissioner said this week.

The licence for the San Onofre nuclear power plant is due to expire in 2022, and the Diablo Canyon plant will not be permitted to continue generating after 2024, unless it applies for a 20-year extension. The facilities have a combined nameplate capacity of around 4,300 MW. Keep reading →