| Hot rocks project passes proof of concept |
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| Alternative Energy - Geothermal Energy |
| Saturday, 04 April 2009 11:43 |
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Adelaide Advertiser Wednesday 1/4/2009 Page: 56 HOT rocks explorer GeoDynamics has successfully proved its ability to extract heat from hydraulically stimulated hot fractured rock to create power. The completion of proof of concept, which was validated by U.S.-based independent expert GeothermEx, marks the end of Stage 1 of GeoDynamics" business program in the Cooper Basin. It comes after the completion of the closed loop test at the Habanero project. GeoDynamics will now move forward with plans to develop a commercial demonstration plant in line with stage 2 of its business plan. Shares surged 10.5% , or 11.5c, to $1.21. The proof of concept was key to its application for funding from the Federal Government"s $500 million Renewable Energy Development Program, which must be submitted by mid April The company had demonstrated resource definition, ability to drill and complete wells, hydraulically stimulate fractures and develop a substantial reservoir volume, managing director Gerry Grove-White said. "Commercial demonstration will, among other things, focus on improved drilling performance and well costs," he said. Modelling of wells theoretically located at the extremities of the Habanero stimulated zone showed that the wells were capable of extracting more than 40MW of thermal energy for more than 20 years, he said. GeoDynamics plans to build Australia"s first commercial-scale geothermal power plant and have it operating by 2012. GeoDynamics is also close to commissioning its 1MW pilot plant and, together with joint venture partner Origin Energy, expects to supply electricity to Innamincka by mid this year. "The famous Innamincka Hotel will soon be serving icy-cold beer chilled using hot rock geothermal energy," Mr Grove-White said.  |
A new geothermal power station for Birdsville Australia.to has a report on an upgrade to the low temperature geothermal power plant at Birdsville in Queensland - Bligh invests up to $4.3 million in new geothermal power station for Birdsville.Birdsville"s landmark geothermal power station will be upgraded to... Read more Geothermal Energy | | Thursday, 18 June 2009 |
Hot rocks project passes proof of conceptAdelaide AdvertiserWednesday 1/4/2009 Page: 56HOT rocks explorer GeoDynamics has successfully proved its ability to extract heat from hydraulically stimulated hot fractured rock to create power. The completion of proof of concept, which was validated by U.S.-based independent expert GeothermEx, marks... Read more Geothermal Energy | | Saturday, 4 April 2009 |
Geothermal Mapping In The US Renewable Energy World has an article on some large scale efforts to map geothermal power resources in the western US - Western U.S. Entities Move Quickly on Geothermal Mapping. Several large geothermal resource mapping projects are heading toward conclusion so... Read more Geothermal Energy | | Friday, 3 April 2009 |
Japanese Getting Heated Over Geothermal Power The Guardian has an article on opposition to a potential geothermal power boom in Japan, from traditional hot spring owners worried they will be put out of business - Japanese spa town in a lather over geothermal plans. Hopefully the... Read more Geothermal Energy | | Saturday, 7 February 2009 |
A Geothermal FutureThe NYT has an editorial on the promise and risks of geothermal power - Geothermal Future. To most people the word “geothermal” means hot springs and geysers — like parts of Iceland or Yellowstone National Park where water is heated... Read more Geothermal Energy | | Wednesday, 14 January 2009 |
Indonesian Geothermal projects need investorsThe Jakarta Post has a report on efforts to expand geothermal power production in Indonesia - Geothermal projects need investors.The government is to auction off geothermal resources in Ngebel, Ponorogo, and Ijen, Banyuwangi, to help defuse the power crisis in... Read more Geothermal Energy | | Friday, 5 December 2008 |
Geothermal industry plan launched in AustraliaThe ABC reports that a geothermal energy plan has been launched in Australia to make it a baseload power source (this is different to schemes to make wider use of low temperature geothermal power) - Geothermal industry plan launched.The development... Read more Geothermal Energy | | Decemberonday, 1 December 2008 |
Hot rocking engineersIndependent WeeklyFriday 10/10/2008 Page: 22No matter what side of the climate change debate you reside on there is no denying the exponential growth in electricity demand worldwide. Incredibly, consumption of electricity is projected to grow by nearly 100 per cent... Read more Geothermal Energy | | Sunday, 26 October 2008 |
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