Fervo Energy will be supplying geothermal power from the Cape Station project to utility Southern California Edison under a 15-year 320-MW PPA.
Fervo Energy has announced the execution of two power purchase agreements (PPAs) totaling 320 MW over 15 years with Southern California Edison (SCE), one of the largest utility companies in the USA. Power will be purchased from Fervo Energy’s Cape Station project, which is expected to be operational by 2026.
Fervo Energy is currently in the process of developing the 400-MW Cape Station geothermal project in Beaver County, Utah following the success of Project Red in Nevada. By using techniques adapted from the oil and gas industry, Fervo has de-risked a scalable approach to geothermal development. Drilling results in Cape Station announced earlier this year indicate improved drilling performance and overall reductions in costs.
The first 70 MW phase of the project is expected to be operational by 2026 and the second phase will be operational by 2028. Fervo had previously selected Turboden S.p.A. to provide the engineering and procurement of power plant equipment for the first phase of the project.
Comments