California Geothermal Forum: Morgan SnyderCalifornia Geothermal Forum:A Path to Increasing Geothermal Development in CaliforniaSacramento CA October 20 2016

Morgan SnyderProgram OfficerWalton Family Foundation

Sacramento, CA - October 20, 2016

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Reports Consulted

Report Conclusions

* "Adding new geothermal resources would be a cost effective step and one of the lowest hanging fruits available to California."

* "Adding geothermal to the RPS portfolio saves almost 2% onportfolio saves almost 2% on statewide utility bills."

* "The addition of geothermal ... reduces CO2 emissions by 4 2reduces CO2 emissions by 4.2 million metric tons per year."

Critical Advantages“The addition of geothermal capacity from the Salton SSea…

… helps reduce the over-generation problemCalifornia will face as solar penetration increases.”California will face as solar penetration increases.

… cuts the ramp, or the increase generation required when the sun goes down, which reduces the use of natural gas and lowers emissions ”natural gas and lowers emissions.

… increases grid flexibility while reducing the need to procure the last and most expensive increment of f f fflexible resources, saving significant capital and fuel costs.”

Net Load for a Spring Day

20000.0

30000.0

10000.0

Base Case

‐10000.0

0.00 5 10 15 20 25M

W

BaseCase

GeothermalCase

‐20000.0

‐30000.0Hour

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Objectives for the S l SSalton Sea

Accountable Restoration Roadmap Protect Public Health Secure Habitat for

400+ Bird Species

Expanded Imperial Valley Geothermal

Regional Water Security

State and Federal Financial Commitments

Thank you!