Ram Power, Corp. ("Ram Power" or the "Company") (TSX:RPG) is a renewable energy company focused in the business of acquiring, exploring, developing and operating geothermal power projects to address the growing demand for green energy in the United States and around the world. Founded in 2008 as Ram Power, Inc., by a highly experienced geothermal project development and management team, the Company combined with three publically traded Canadian geothermal power companies in October, 2009 to take advantage of the economies of scale in project development. Ram Power Corp., as the new corporate platform has an interest in geothermal projects in California, Nevada, Nicaragua, Canada and elsewhere. The Companys mission is to become a leading global renewable power project developer and supplier of clean and reliable geothermal power
Why Invest
Geothermal Power Plant Technology Dry Steam Power Plants
Steam plants are the most cost effective technology when the geothermal resource produces dry steam. In these plants, steam is passed directly through a turbine to generate electricity. They are commonly used at areas such as the Geysers in Northern California. The Dry Steam technology allows for the steam from a geothermal production well to be fed directly to a steam turbine without a secondary heat exchanger. The turbine then coverts the change in steam pressure to mechanical rotational energy, which is converted to electrical energy by a generator. Although dry steam geothermal power plants may emit marginal quantities of hydrogen sulphide (H2S), nitric oxide (N2O) and carbon dioxide (CO2), these emissions are much lower per energy unit than those of fossil fuels, and the incorporation of gas mitigation systems to remove these small amounts make geothermal power an emission-free source of electricity. As a result, geothermal power has the potential to help mitigate global warming if widely deployed in place of fossil fuels.
Flash Steam Power Plants
It is more common for very high temperature geothermal fluids (above 350o F) to be produced from a geothermal resource. This high temperature pressurized fluid is passed through a low temperature tank which allows a portion of the flow to "flash" off as steam, which is then directed to a turbine to generate electricity. The remaining spent geothermal fluid is either returned for reinjection or, in some cases, may be used for additional energy generation in either a dual flash cycle or in a "binary bottoming cycle" power unit where a second flash tank is used to separate the fluid at a lower pressure to drive the turbine and produce more power.
Binary-Cycle Power Plants
For lower resource temperatures (300 to 350o F), it is more efficient to transfer heat from the geothermal fluid to a secondary fluid (with a lower boiling point -- typically a hydrocarbon such as isobutane or isopentane) that vaporizes. These vapors will then drive the turbine, which generates electricity. Such plants are called "binary" since a secondary fluid is used in the actual power cycle.
Company Name | Ram Power Corp |
Business Category | Renewable Energy |
Address | 9460 Double R Blvd Suite 200 Reno Nevada United States ZIP: 89521 |
President | Shuman Moore |
Year Established | 2008 |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
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Name | Position | Contact Details | Subscribe to view |
*** | President, Chief Executive Officer | Locked content | |
*** | Acting Chief Financial Officer | Locked content | |
*** | Vice President and General Counsel | Locked content |