On Dec. 16, the Federal Energy Regulatory Commission approved market-based rate authority for Enel Cove Fort LLC, which is developing a 25-MW geothermal project in Utah.
The facility is located in the PacifiCorp-East (PACE) balancing authority area. Enel Cove Fort is indirectly wholly owned by Enel Green Power S.p.A., which in turn is a majority-owned subsidiary of Enel S.p.A., an Italian joint-stock company. Enel Cove Fort is affiliated with several entities that own generation facilities in balancing authority areas first-tier to PACE.
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 is expected to begin testing in late November 2013 and to enter commercial operation in January 2014, said the Nov. 5 application with FERC for market-based rate authority. It is committed to sell all of the project’s output under a 20-year power purchase agreement with the Salt River Project.
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.”