Fervo Energy has announced the signing of two power purchase agreements (PPAs) totaling 320 MW with Southern California Edison (SCE), one of the nation’s largest electric utilities.
The two PPAs, signed for 15 years, will provide clean, and affordable power for the equivalent of 350,000 homes across Southern California.
The geothermal energy from Fervo will help California transition to a cleaner and more reliable power source.
According to Fervo Energy, SCE will purchase the power from its 400 MW Cape Station project currently under construction in southwest Utah.
Fervo Energy’s goals
The first 70 MW phase of Fervo Energy’s project is expected to be operational by 2026 and the second phase will be operational by 2028, according to a release by the company.
Geothermal energy, being a carbon-free and weather-agnostic source, will also prove to be a reliable source for meeting California’s power consumption demands.
“This announcement is another milestone in California’s commitment to clean, zero-carbon electricity,” said California Energy Commission Chair David Hochschild.