The analysis and modeling of investment behavior in the development of hydrothermal electric power facilities are reported. This investment behavior reflects a degree of sensitivity to public policy alternatives concerning taxation and regulation of the resource and its related energy conversion...

The resource base, status of geothermal development activities, and the state's energy flow are summarized. The present and projected geothermal share of the energy market is discussed. The public and private sector initiatives supporting geothermal development in California are described. These...