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

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Description: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.
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Author Contact Information
Distributor Contact Information
Name: Beth Tillinghast
Organization Name: Missing
Street: Hamilton Library
City: Honolulu
State: HI
Zip: 96822
Phone: (808) 956-6130
Geographic Extent
North Bounding Latitude: 22.7195800782
South Bounding Latitude: 18.5672535264
East Bounding Longitude: -154.43537096
West Bounding Longitude: -160.895331897