IDG Hawaii – Geothermal Development
Hawaii has repeatedly declared its intent to diversify its energy portfolio and reduce its vulnerability to imported oil. However, Geothermal has not always been included in these discussions for Hawaii’s electricity generation matrix as wind and solar technologies as well as biofuel production have been the focus. The story of IDG’s accomplishments in blazing new ground working with the Maori Trusts in New Zealand is being told locally here in Hawaii as IDG is able to provide a working model for sustainable development that returns value to the community.
Official Requests for Action by Electric Utility
- Maui Electric Co.(MECO) – February 9, 2011 – 50 MW Request for Proposal (“RFP”) of new, firm, dispatchable renewable energy generation capacity for the island of Maui, with the first increment to be in service starting in 2015
- Hawaii Electric Light Co. (HELCO) – June 22, 2011 – 50MW Request for Information (“RFI”) seeking to determine the best way to pursue geothermal power development on Hawaii Island. Input is sought from stakeholders including potential geothermal developers and interested landowners on next steps that take into account the renewable energy goals and clean energy policy of Hawaii, within the state’s unique community, cultural, historical, and environmental context (www.heco.com)
IDG believes very strongly that the only way to develop geothermal and a renewable energy portfolio in Hawaii is to use our PONO model to create public/private partnerships with the State of Hawaii.
- P – Policy Changes: help formulate a new and comprehensive energy policy
- O – Open and Transparent Proces
- N – No violation of cultural beliefs/sensitivities or damage to the environment
- O – Opportunities for the community to participate and benefit for generations to come
In Hawaii, mineral assets are jointly owned by the state and the Native Hawaiian community. So there is every incentive for us to work together to make sure that when geothermal is developed this time, everyone benefits, not just the private entities and their shareholders.
Our model uses state of the art technology. We pay attention to managing the extraction of geothermal energy in a way that is sustainable,
- so that it will last for future generations,
- so that it won’t destroy important cultural sites,
- so that it fosters ancillary small businesses,
- so that it provides training and education
- so that the community learns to manage what it owns.
We understand and can incorporate the best technical and financial resources from around the world but we also have deep roots in the community and we are dedicated to doing right by the community