Senator Hueso Announces $2.5 Million Grant for New Geothermal Project
Imperial Valley, CA – May 4, 2018 – Senator Ben Hueso (D-Imperial County) today announced a $2.5 million grant for a new geothermal project by EnergySource Minerals, LLC titled “Well to Wheels Lithium Design” located in Imperial Valley. The project will greatly benefit the local economy and community, and may create a domestic source of lithium and other minerals to help meet California’s growing demand for electric grid stabilization and electric vehicle components.
“As Chair of the Senate Energy, Utilities and Communications Committee, and as the State Senator for Imperial County, I am committed to ensuring that our region receives the best opportunities to grow both economically and as leaders in energy development”, said Senator Hueso. “Developing geothermal resources in disadvantaged communities in particular, such as communities located around the Salton Sea, will provide good-paying jobs in communities that have not yet recovered from the Great Recession”.
In 2016, Senator Hueso authored SB 1074, which provided for $2.5 million from the American Recovery and Reinvestment Act of 2009 to be directed to the California Energy Commission (CEC), which was then awarded for this project.
“The California Energy Commission is proud to support geothermal energy”, said CEC Commissioner David Hochschild. “Our $2,500,000 grant to EnergySource Minerals will help develop a facility that produces lithium utilizing geothermal brines and help advance the geothermal industry in California”.
Senator Hueso was joined at today’s press conference at the El Centro Area Chamber of Commerce by Eric Spomer, President & CEO of EnergySource, and Timothy E. Kelley, President/CEO of the Imperial Valley Economic Development Corporation. The group discussed the importance of this and other geothermal projects for commercial facility job creation, including construction, direct permanent, and secondary and tertiary jobs.
“One hundred percent of the jobs associated with this project will beneficially impact the local economy”, said Hueso. “Beyond creating jobs, geothermal projects such as this one can help provide much-needed tax revenues to local governments and schools”.
This grant agreement funds the first phase of this project, including construction of the facility, and is scheduled to end on March 30, 2020.
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