A competitive auction of lease parcels for geothermal energy resources on federal public lands last week brought nearly $20 million in bids, including the highest per-acre bid in history. Held in Reno, Nevada, the results of the of the Bureau of Land Management's (BLM) second competitive sale of geothermal leases included a total of 49 parcels -- 43 in Nevada and 6 in California.

"We were extremely pleased with the unexpectedly high interest in our first competitive sale, in June, for lands in Idaho and Utah, and the success of [last week's] sale is a harbinger of continued rising interest in developing the Nation's considerable geothermal energy resources, most of which are found on public lands." -- Henri Bisson, Deputy Director, BLM