The numbers: The agency accepted bids on 47 parcels of land covering around 150K acres. The buyers included Ormat (which shelled out nearly $2.3M) and Invenergy (which spent over $300K). This sale represents just a tiny fraction of the roughly 245M acres out West that the BLM can lease out for geothermal production.
Molly Glick
Energy Central Team
Wed, Jun 17