John Fox, CEO of Electratherm, with Tim Reinhardt, Low-Temperature and Coproduced Technology Manager for the Department of Energy, join Joel Murphy, general manager of the Florida Canyon Mine for Jipangu International. The mine's byproduct of geothermal brine allows for an additional revenue stream from existing infrastructure.
Thanks to a $1 million Geothermal Technologies Office investment, heat from geothermal fluids--a byproduct of gold mining--is generating electricity this year for less than 6¢ a kilowatt/hr, with ElectraTherm's new plug-and-play technology. Building on this first-of-its-kind success, this emission-free electricity is the first in the nation to be generated from cost-free geothermal brine at a mine operation, and the technology has the potential for extremely broad application in many parts of the country, including oil and gas operations. Today's ribbon cutting at the Florida Canyon Mine in Nevada marks the beginning of another promising clean energy commercial enterprise.