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Annual report to the twenty-second legislature regular session of 2004 : geothermal royalties

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dc.date.accessioned 2012-08-16T19:39:26Z
dc.date.accessioned 2012-08-16T20:55:36Z
dc.date.available 2012-08-16T19:39:26Z
dc.date.available 2012-08-16T20:55:36Z
dc.date.issued 2003-11
dc.identifier.citation 2003. Annual report to the twenty-second legislature regular session of 2004 : Geothermal royalties. Honolulu (HI): Department of Land and Natural Resources, State of Hawaii.
dc.identifier.uri http://hdl.handle.net/10524/23358
dc.description Prepared "in response to Section 182-18, Hawaii Revised Statutes"
dc.description.abstract This annual report is prepared pursuant to Section 182-18, Hawaii Revised Statutes, and covers the period July 1, 2002 through June 30, 2003. For Fiscal Year 2002-2003, a total of $82,295 in geothermal royalties was received from Puna Geothermal Venture (PGV). In accordance with statutory provisions, $24,688.50 (30%) and $16,459 (20%) were distributed to the County of Hawaii and the Office of Hawaiian Affairs, respectively. Geothermal royalties for Fiscal Year 2002-2003 were based on the power production and sale of 68,084.1 megawatts to the Hawaii Electric Light Company (HELCO). In April 2002, PGV's main geothermal resource well (KS-11) became plugged, resulting in decreased steam production. This decrease resulted in reduced electrical production, reflected in the amount of royalties received in Fiscal Year 2002-2003. PGV completed a new production well in KS-5 in January 2003, which allowed PGV to resume normal electrical production levels.
dc.format.extent 2 pages
dc.language.iso en-US
dc.publisher Department of Land and Natural Resources, State of Hawaii
dc.subject minerals
dc.subject Hawaii
dc.subject.lcsh Geothermal resources--Hawaii--Management--Periodicals
dc.subject.lcsh Geothermal resources--Government policy--Hawaii--Periodicals
dc.subject.lcsh Geothermal resources--Finance--Hawaii
dc.title Annual report to the twenty-second legislature regular session of 2004 : geothermal royalties
dc.type Report
dc.type.dcmi Text
local.identifier.callnumber HD9682.U53 H3252
local.identifier.voyagerid 3129356
Appears in Collections: The Geothermal Collection


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