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Centre to study geothermal energy

 
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Aurora



Joined: 24 Jan 2007
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PostPosted: Mon Jul 09, 2007 5:14 am    Post subject: Centre to study geothermal energy Reply with quote

http://www.theage.com.au/news/National/Centre-to-study-geothermal-energy/2007/07/09/1183833392530.html

Quote:
www.theage.com.au - 09/07/07

The South Australian government will help fund an international research facility into geothermal energy at the University of Adelaide.

Mineral Resources Minister Paul Holloway said the $250,000 in seed funding would allow the university to host Australia's first research centre into geothermal energy systems.

"The government sees geothermal as an energy source for the future and by helping the university establish their research facility here, will ensure that South Australia is in the vanguard of all facets of developing and demonstrating hot rock systems," Mr Holloway said.

"We have vast hot rock resources and developing them is clearly in the nation's interest."

Across Australia, 27 companies have applied for 166 geothermal licences and expect to invest more than $650 million in exploration through to 2012.

In South Australia, 17 companies have applied for 142 geothermal licences.

"Quite clearly, South Australia represents Australia's hot rock haven for renewable, emissions free power which could provide a very significant part of Australia's base load power needs by 2030," Mr Holloway said.

"The establishment of a research centre in geothermal energy in south Australia is an important step in realising the commercialisation of geothermal energy in Australia."

Geothermal power plants, which are increasingly popular in the United States, use steam harnessed from deep under the earth's crust to power turbines, which in turn produce electricity.
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