Enel Cove Fort LLC, which is nearing completion on a 25-MW geothermal project in Utah, filed on Nov. 5 at the Federal Energy Regulatory Commission for approval of a market-based rate tariff.
The company’s principal place of business is in Andover, Mass. It is developing a geothermal project with a nameplate rating of 25 MW that is located in Beaver County, Utah. This project, which is located within the PacifiCorp-East balancing authority area in the Western Electricity Coordinating Council (Northwest) region, is expected to begin testing in late November 2013 and to enter commercial operation in January 2014.
Enel Cove Fort’s sole business is developing, owning, and operating the project, and it has already filed with the commission a notice of its status as a qualifying small power production facility. It is committed to sell all of the project’s output under a 20-year power purchase agreement with the Salt River Project.
One hundred percent of the company’s interests are held by EGPNA Development Holdings LLC, which is a wholly-owned subsidiary of Enel Green Power North America Development LLC. Enel Green Power North America Development is a wholly-owned subsidiary of Enel Green Power International BV, a company organized under the laws of the Netherlands. Enel Green Power International BV is a wholly-owned subsidiary of Enel Green Power S.p.A., an Italian joint-stock company, which in turn is a majority-owned subsidiary of Enel S.p.A., an Italian joint-stock company.
Said the website of Enel Green Power: “In March 2007, Enel Green Power North America (EGP-NA) acquired a non-generating geothermal plant located in Cove Fort, Utah. The project site lies about 175 miles south of Salt Lake City, overlapping Beaver and Millard Counties. EGP-NA is planning to construct a new geothermal power plant with an installed capacity of up to 65 MW, to be completed in various phases. The first phase of the project is expected to be commercially operating by the end of 2013. The Cove Fort plant will use an air-cooled binary system, also known as a closed-loop system, to generate electrical power.”