Governor's Advisory Board on the Underwater Cable Transmission Project : preliminary report

"The Cable Board has reached tentative conclusions that geothermal development and underwater cable transmission are technically, economically, financially and socially feasible. It is too early to determine whether the entire project can be developed by private entities or, if not, the extent of the role state government must play in the financing, construction, operation and ownership of the geothermal project. If the legislative recommendations made in this report are accepted, and a master coordinated development plan is drawn and permitted, we can then readily determine the capability of the private sector to carry out the plan, and the extent of state assistance or participation that is required. This report sets forth the preliminary views and recommendations of the Cable Board based upon its activities to date.