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Geothermal Technology and Finance Workshop Announced for New York City July 23

The U.S. geothermal industry is experiencing a dramatic growth surge, with expectations that total power production could triple over the next few years. The industry currently produces about 16 billion kilowatt hours annually, enough power for the household needs of roughly 3 million Americans. The GEA reports that there are new geothermal power projects underway in over a dozen states which together will represent over $11 billion in new investment.

The GEA workshop entitled "Geothermal 101 - the Hottest Clean Energy Source" will include a morning session where experts present a series of talks covering the basics of geothermal energy. In the afternoon, there will be programs on the world and US market, finance, and a showcase of companies developing new projects.

Along with President Grimsson, Dan Reicher, Director of Climate Change and Energy Initiatives for Google.org will speak at the mid-day luncheon. Dan Reicher was Assistant Secretary of Energy for Energy Efficiency and Renewable Energy under President Clinton, and Google has announced that geothermal energy will be one of their focus areas for new investment.

Additional confirmed geothermal industry participants include:

    --  Paul Brophy, President  EGS, Inc. and President, Geothermal Resources
        Council
    --  Arnar Hjartarson, Geothermal Reservoir Specialist, Glitnir
    --  Lou Capuano, President, ThermaSource
    --  Lucien Bronicki, Founder and Chairman, Ormat
    --  Dita Bronicki, CEO, Ormat
    --  Charles Arrigo, Director, Sustainable Energy, Glitnir Capital
        Corporation
    --  Josh Haacker, Principal, US Renewables Group
    --  Christopher Smith, Merrill Lynch
    --  Thomas Drolet, CEO, Western GeoPower, Inc.
    --  Subir Sanyal, President, GeothermEx
    --  Halley Dickey, Business Development, UTC Power
    --  Steve Doyon, Senior Vice President and Head of Development, Terra-Gen
        Power
    --  Brent Cook, Director/CEO, Raser Technologies
    --  Magnus Johannesson, CEO, Iceland America Energy
    --  Jonathan Weisgall, Vice President, MidAmerican Energy

For more information, a current agenda, and registration materials go to www.geo-energy.org. Registration for the day, including lunch, is $395. The morning program will be available by webcast. Registration is limited.

SOURCE Geothermal Energy Association