Tag Archives: lighting dock

Raser Technologies (RZ) Begins Drilling At Lighting Dock

Raser Technologies (RZ) announced this morning that it has begun drilling in New Mexico at the Lighting Dock project.  The company is re-entering a well that was abandoned more than 25 years ago because the water wasn’t hot enough.  New technologies allow geothermal energy companies to extract energy from lower temperatures, so the company is giving it another go. An independent firm estimates  the well could deliver 3-7MW of energy, while Raser believes the project … Read the rest