Ormat Advances Nevada and Utah EGS Portfolio

Ormat’s DOE-supported Dixie Valley doublet and Cove Fort characterization will test EGS performance with SLB and University of Utah participation. Its 5–6 GW figure is estimated acreage potential, not confirmed capacity; a Dixie Valley first phase is expected in late 2029 or early 2030, with pilots, drilling results, economics, water management, and a PPA above $100/MWh still pivotal.