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UTC Power’s Geothermal Power Plant at Alaskan Resort Named ‘Project of the Year’
SOUTH WINDSOR, Conn., Nov. 29, 2006 – UTC Power, a United Technologies Corp. (NYSE: UTX) company, today announced that its PureCycle® geothermal power plant at Chena Hot Springs Resort in Alaska was selected as Project of the Year in the renewable/sustainable energy category by Power Engineering magazine.
The award was announced Monday evening in Orlando, Fla., as part of the POWER-GEN International Conference and Exhibition, which highlights key trends and technologies affecting power generation.
The Chena Hot Springs Resort in Alaska has the first geothermal power plant in the state. It also is the site of the lowest temperature geothermal resource (165°F) ever used for commercial power generation in the world.
The resort’s UTC Power PureCycle® geothermal system was commissioned in August and provides power for the resort’s on-site electrical needs. All 44 buildings at the resort – including a greenhouse, hotel, cabins and ice museum – are linked by a geothermal district heating system.
Alaska’s energy costs are among the nation’s highest . It is estimated that two UTC Power PureCycle® units will save the resort $1,000 a day, eliminating the need for diesel fuel-burning generators and their harmful emissions.
Geothermal systems are recognized as the most reliable form of renewable energy available because they do not depend on clear skies, windy days or rainfall.
The project was made possible through the support and financial assistance of the Chena Hot Springs Resort, the U.S. Department of Energy, Alaska Energy Authority, Alaska Industrial Development and Export Authority and The Denali Commission.
The PureCycle® system results from more than three years of research and development work. Bernie Karl, proprietor of Chena Hot Springs, partnered with UTC to develop the technology through field trials and into a product launch. UTC Power plans to formally introduce it into the commercial marketplace in 2007.
United Technologies Corp., based in Hartford, Conn., provides high-technology products and services to the building and aerospace industries. Its UTC Power unit, based in South Windsor, Conn., includes UTC Fuel Cells and is a full-service provider of environmentally advanced power solutions. With more than 40 years of experience, UTC Power is a world leader in developing and producing fuel cells for onsite power, transportation, space and defense applications, and a developer of innovative combined cooling, heating and power applications in the distributed energy market.
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