About $5 million in federal stimulus money will soon
make its way to Louisiana Geothermal, an up-and-coming company that
boasts it will be able to produce enough energy within the next two
years to power all of Cameron Parish. In fact, research suggests
there's enough alternative energy to power the parish for more than 130
years. The Cameron company is overseeing the Sweet Lake
Geopressured-Geothermal Project, which is located on 36,000 acres just
north of the Intracoastal Canal. Locals have known that a
geopressured-geothermal system has been there since the '80s, but only
recently have investments started to surface. Geopressured energy is
derived from hot, pressurized waters trapped deep in the earth's
sedimentary formations. The water, heated by the earth's natural
processes, can be used to generate electrical power. U.S. Sen. Mary
Landrieu is among the lawmakers pushing the issue for the Bayou
State. "Louisiana may be sitting atop a mother lode of clean, renewable
energy if we can successfully harness the earth's natural heat through
geothermal energy," Landrieu says.
George Jordan, president of Louisiana Geothermal,
says the political climate couldn't be better for his company. "We
believe that this grant, combined with current national support for
developing clean, renewable energy, provides Louisiana Geothermal with
a cost-effective opportunity to develop this new energy," he says. The
federal funds will be used to pay for a portion of the total costs
associated with the project, which includes drilling a well and
building a geopressured power plant. It is one of 11 projects selected
for development of new low-temperature geothermal fields nationwide.
The National Renewable Energy Laboratory estimates that geothermal
energy projects could supply up to 10 percent of America's electric
power within the next 20 years — an extraordinary potential,
given that geothermal resources currently supply only a fraction of a
percent of U.S. electricity, Landrieu says. — Jeremy
Alford
Tags: Mary Landrieu
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