Big Island Video News

Serving Hawaii County

  • Hawaiʻi Island News Regions
    • Hamakua
      • Mauna Kea
    • Hilo
    • Kau
    • Kona
    • Kohala
    • Puna
HELCO: Ormat Withdraws From 25 MW Geothermal Negotiation
Avatar photo

by Big Island Video News
on Feb 10, 2016 at 5:26 pm

Subscribe to Big Island Video News (FREE)

* indicates required

STORY SUMMARY

Utility company "disappointed" project will not proceed

File photo of the existing Puna Geothermal Venture power plant in Pohoiki, courtesy Hawaiian Electric

File photo of the existing Puna Geothermal Venture power plant in Pohoiki, courtesy Hawaiian Electric

Utility “disappointed” project will not proceed

PUNA, Hawaii – Ormat has withdrawn from contract negotiations to provide 25 megawatts of additional geothermal energy on the Big Island, the Hawaii Electric Light Company announced today.

Ormat was selected on February 24, 2015 following a competitive bid on the utility’s Request for Proposal (RFP) “based on their ability to meet price levels and performance standards”, according to HELCO. Contract negotiations began shortly after.

“Our primary goal for the RFP was to obtain geothermal energy that could significantly lower the overall cost to our customers while maintaining overall system reliability,” said Jay Ignacio, Hawai‘i Electric Light Company president, in a media release. “We’re disappointed that Ormat decided not to proceed to develop the project.”

A large segment of the Puna community resisted the geothermal expansion from the beginning. In August 2013, hundreds marched from Pahoa to Hilo, demostrating outside the HELCO headquarters in opposition to the RFP.

HELCO says the company will “continue its efforts to increase cost-effective renewable energy, and is including geothermal in its analysis of potential future resource options as part of the update to its Power Supply Improvement Plans.”


Filed Under: Breaking Tagged With: geothermal energy, HELCO, Pohoiki, Puna Geothermal Venture

LATEST NEWS

Kilauea Volcano Alert Level Changed To ADVISORY

VIDEO: Unique Building Planned For Hawaiian Home Lands

Community Meeting On Waikoloa Road Project Set For March 30

Red Hill Cabin On Mauna Loa Volcano Reopens

Man Rescued From Cliff Near Waipiʻo Valley

Soil Investigation Set For Hilo 4-Mile Creek Bridge

About Big Island Video News

  • Privacy Policy

Copyright © 2023 · Dynamik-Gen on Genesis Framework · WordPress · Log in