Geothermal Project Development
Geothermal energy is a clean, environmentally friendly, sustainable method of electrical power generation with abundant potential in Colorado and Rocky Mountain region. This renewable energy technology has the added benefit of being a base load source, meaning it is designed to deliver electricity 24 hours a day, every day. Small, community-scale geothermal power plants (under 5 megawatts) have the potential for widespread application in rural areas. Pagosa Verde works with clients at all stages managing the process, reducing risk and creating economic benefit for the host community. Our experienced team of geologists, engineers and project managers perform all aspects of development including site identification, lease negotiations, permitting, power purchase agreements, interconnection agreements, exploration, drilling, and development of the geothermal power plant.
Geothermal Direct Use
Low- to moderate-temperature water from geothermal reservoirs can be used to provide heat directly to buildings or other applications that require heat such as greenhouses, fish farms, drying crops, and many other light industrial processes. Savings can be as much as 80 percent over fossil fuels. For rural communities and landowners, these direct use applications offer the added benefit of economic development, job creation, and new revenue streams. Pagosa Verde helps our clients successfully harness the geothermal heat and water for economic benefit. We offer unmatched insights, knowledge, and experience with developing geothermal resources and related economic development initiatives in Colorado and the Rocky Mountains.
Ground Source Heat and Cooling
Heating, cooling and hot water costs combined make up over 70% of the typical energy bill. Pagosa Verde helps our clients successfully harness the stable temperature of the earth to lower energy bills and improve sustainability. Ground source heating and cooling systems take advantage of the stable temperature of the earth or underlying groundwater using a piping system. Water circulates in the loop to exchange heat between a building, the ground source heat pump, and the earth, providing heating, cooling, and hot water at remarkably high efficiencies. These heating and cooling systems are 400-600% efficient and can cut your heating, cooling, and hot water costs by up to 80%.