Mt. Princeton Geothermal LLC briefed Chaffee County residents on potential plans to tap geothermal energy to produce electricity on Monday, according to The Mountain Mail. From the article:
About 80 people, including residents and investment bankers, attended a presentation Monday about generating electric power in Chaffee County using geothermal energy. Mt. Princeton Geothermal LLC personnel want to use new technology to access abundant geothermal resources in the area...
The process pumps naturally heated water to the surface where it is used to heat fluid that in turn drives a turbine generating electricity. The spring water is returned to the ground. "The size and scope of the facility depends on the reservoir of hot water we find," [Fred Henderson III, local property owner and chief scientist for the company] said. "We are thinking a 10 megawatt facility is a reasonable objective."[...]
Henderson continued, "This is a nonconsumptive resource. We can go to extreme depth to get water with little or no impact to existing water." Mount Princeton Hot Springs, a partner in the venture, is considering installation of one of the generating units for its use. As a first step, Colorado School of Mines students will conduct geophysical surveys. "This is completely non-invasive research," Henderson said. "They will produce useful data for water studies of the area." The group, based at Deer Valley Ranch, will be in the Buena Vista area beginning May 11, and will remain about two weeks. Questions and inquiries may be addressed to Henderson at hendcos@msn.com.
