Key Players Involved in Geothermal Power Market
CALPINE CORPORATION
- Calpine Corporation is the largest generator of electricity from natural gas and geothermal resources in the United States, with operations in competitive power markets
- With 78 power plants in operation or under construction, Calpine’s fleet has the capacity to generate nearly 26,000 megawatts of electricity – enough to power approximately 20 million homes
- Through wholesale power operations and their retail businesses Calpine Energy Solutions and Champion Energy, the company serves customers in 23 states, Canada and Mexico
- Big Geysers is one of Calpine’s geothermal power plants operating at The Geysers in Northern California. Its operations comprise a geothermal power plant and associated steam fields. Calpine’s plants at The Geysers make it North America’s largest producer of clean, reliable renewable geothermal power. Together, these plants have the capacity to produce 725 megawatts of electricity around the clock
POLARIS INFRASTRUCTURE
- Polaris Infrastructure Inc. is Canadian-based and publicly traded company engaged in the acquisition, development and operation of renewable energy projects in Latin America
- Polaris Infrastructure operates several energy projects in Central and South America. These include both Geothermal and Hydroelectric energy projects
- The company currently operates in two reportable operating segments, the first being the acquisition, exploration, development and operation of geothermal projects, which is conducted principally in Nicaragua, and the second being the acquisition, exploration, development and operation of hydroelectric projects, which is conducted principally in Peru
- Currently, the company operates a 72MW geothermal project located in Nicaragua and a 5MW as well as another 28 MW of run-of-river projects located in Peru
TOHOKU ELECTRIC POWER CO., INC.
- Tohoku Electric Power Co., Inc. is an electric utility, servicing 7.6 million individual and corporate customers in six prefectures in Tōhoku region plus Niigata Prefecture
- It operates through the following segments: electric power, construction, and others
- The electric power segment supplies electricity to the Tohoku region
- The construction segment handles telecommunications, civil engineering, and construction work; and provides research, survey, and analysis services related to environment preservation. It also designs and manufactures power supply equipment
- The others segment includes gas and information communication businesses
- The company has 4 geothermal power plants including: Kakkonda, Uenotai, Sumikawa, and Yanaizu-Nishiyama
ENEL S.P.A.
- Enel S.p.A. is an Italian multinational manufacturer and distributor of electricity and gas. The Enel Group operates in more than 30 countries, bringing energy to people through the adoption of new sustainability-oriented technologies.
- In December 2016, Enel S.p.A., through its subsidiary Enel Green Power North America, Inc., has started operations at the world’s first integrated, commercial-scale geothermal-hydro power plant at its Cove Fort site in Utah.
- Enel Green Power North America, Inc. is present in 23 US states and two Canadian provinces with more than 2.5 GW of installed capacity spread across four different renewable energy technologies: wind, solar, geothermal and hydropower.
- Enel Green Power runs 35 geothermal power plants in Tuscany, with a total capacity of about 765,4 MW, that are able meet more than 30% of the regional consumption
MITSUBISHI POWER, LTD.
- In April 2020, Mitsubishi Hitachi Power Systems, Ltd. (MHPS), announced its new company name, Mitsubishi Power
- Mitsubishi Power, as one of the core subsidiaries of MHI Group, offers cutting-edge technologies and energy solutions for the power industry, supporting affordable and reliable power supplies in regions throughout the world
- The company’s products include GTCC and IGCC power plants, gas/coal/oil-fired (steam) power plants, boilers, generators, gas and steam turbines, geothermal power plants, and power plant peripheral equipment and solid-oxide fuel cells (SOFC) among others
- The company has a proven track record in reliability and delivery of geothermal power systems, ranging in output from 100 kW to 151 MW. Mitsubishi has supplied over 100 units of geothermal steam turbines, generating more than 3,000 MW of electricity across 13 countries
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