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Article: CORRECTED: AltaRock Energy Receives Notification of Grant Award from Department of Energy.
- Article from:
- Energy Weekly News
- Article date:
- November 20, 2009
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AltaRock Energy, Inc. received notification yesterday from the U.S. Department of Energy that its grant applications for exploration and demonstration projects were selected for negotiation and finalization of grant awards under The American Recovery and Reinvestment Act of 2009 (aka "Stimulus Bill").
The demonstration project grant application, for $24,999,530 is to demonstrate an Engineered Geothermal System (EGS) at the Newberry Geothermal Resource Area in Oregon. This demonstration project is in partnership with Davenport Power, the operator of the Newberry site.
The exploration grant application, for $1,450,000 is to develop exploration methods for ...