Biggest Public Utility in US Exploring Geothermal Energy to Help Ramp Up to 40% by 2020
The Los Angeles Department of Water and Power (LADWP) has signed a lease for exploring geothermal potential in Imperial County near the Salton Sea; as part of meeting its goal to make 40% of its electricity from renewable sources by 2020.
It is offering to lease the land, initially for 5 years of exploration and study at $295,000 annually representing $100 per acre per year, under a MOU regarding “Imperial Valley Geothermal Feasibility and Exploration” while it determines the feasibility of geothermal production there.
