U.S. DEPARTMENT OF THE INTERIORBUREAU OF LAND MANAGEMENT
For Release : August 14, 2007
* The highest per-acre bid ever recorded by BLM nationwide for a geothermal lease parcel
• The first competitive sealed bid geothermal lease offer that BLM held for lands at The Geysers was held on January 22, 1974, over 33 years ago.
• A total of 10 competitive lease offers has been held for tracts at The Geysers. These sales have generated over $35 million in bonus or accepted high bids.
• Federal royalties on the production of steam from 12 producing federal leases at The Geysers, since first federal production in 1979, totals over $200 million. Half of this money is returned to the state of California, and then 40% of the half returned to the state is directed to the county in which the geothermal energy was produced. The field is shared by Mendocino, Lake and Sonoma counties.
• There are four power plants located on federal leases in The Geysers. Together, these four plants produce an average of about 200 megawatts of energy, enough for the household needs of about 200,000 people.
• The Geysers is the largest geothermal field in the world, and one of only two known dry steam fields in the world (the other dry steam field is in Lardarello, Italy)
California State Office 2800 Cottage Way Sacramento, CA 95825
|Last updated: 08-15-2007|
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