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featured project - the acgda opportunity

The Australian Conventional Geothermal Development Alliance (ACGDA) is currently seeking Expressions of Interest from suitably qualified parties interested in joining the alliance partners in drilling appraisal and production wells at either or both of the geothermal projects during 2012.

If the geothermal resource is proven, the partners plan to commence the preparation of a front-end engineering design (FEED) for an initial 25-50 MWe binary geothermal development and if feasible, commence power plant construction.

This opportunity may potentially be suitable for existing power producers (IPP’s), drilling companies wishing to vertically integrate their activities, resource companies interested in hedging their exposure to future carbon policies, or equity investors interested in gaining exposure to the Australian renewable energy sector.

Project Overview
The Projects
Submitting an Expression of Interest
About the ACGDA
Additional Resources
Disclaimer


PROJECT OVERVIEW

  • Exciting Portfolio of Conventional Geothermal Assets in Australia
  • Experienced Companies in Geothermal Exploration and Renewable Energy Development
  • Potential to Develop Hundreds of Megawatts of Baseload Renewable Energy Generation Capacity
  • Geothermal Portfolio Has the Opportunity to Benefit from Changes to Carbon Policy in Australia


THE PROJECTS

The Mid West and Great Artesian Basin Geothermal Power Projects are located in two large geological basins, the North Perth and the Great Artesian basins respectively. These basins have been demonstrated to contain significant reserves of hot geothermal fluids over an extensive area and have been successfully exploited in the Great Artesian Basin by an operating geothermal power plant in South West Queensland, since the 1990’s.

The Mid West Geothermal Power Project (MW-GPP) involves the appraisal and development of conventional geothermal resources in close proximity to transmission infrastructure in the Mid West region of Western Australia.

  • Independent geothermal resource assessment available for MW-GPP
  • Extensive reservoir information obtained from regional petroleum activity

The Great Artesian Basin Geothermal Power Project (GAB-GPP) involves the appraisal and development of conventional geothermal resources from the extensive and highly prospective Great Artesian Basin in the North East of South Australia.

  • Regionally extensive and relatively shallow geothermal resource
  • Operating geothermal plant less than 50km from GAB-GPP

 

SUBMITTING AN EXPRESSION OF INTEREST

The Australian Conventional Geothermal Development Alliance is currently seeking Expressions of Interest from suitably qualified parties interested in joining the alliance partners in drilling appraisal and production wells at either or both of the geothermal projects during 2012.

Expressions of Interest

For additional information or assistance with completing the Registration Form for the Expressions of Interest, please contact Activated Logic and quote project reference no: AL02/466/01.

Intl:          +61 7 5561 7282
Email:      geothermal@activatedlogic.com

 

ABOUT THE ACGDA

The Australian Conventional Geothermal Development Alliance (ACGDA) is an innovative collaboration between Australian geothermal company Green Rock Energy and leading renewable energy company, Pacific Hydro. The alliance envisages combining the strategic conventional geothermal development opportunities held by both companies, with the geothermal appraisal capabilities of Green Rock Energy and the renewable energy project development experience of Pacific Hydro.

 

GREEN ROCK ENERGY

Green Rock Energy Limited is an Australian energy exploration and development company with a portfolio of strategic geothermal assets in South Australia, Western Australia and Hungary. Green Rock directors collectively have over 100 years of international resource development experience.

Green Rock is an Australian Securities Exchange (ASX) listed company (ASX: GRK).

>> For more information, visit: www.greenrock.com.au

 

PACIFIC HYDRO

Pacific Hydro is a leading renewable energy company developing, delivering and operating projects in Australia, Brazil and Chile.  Pacific Hydro has over 670 MW of operating hydro and wind assets and a further 2,000+ MW in its project development pipeline.

Pacific Hydro is a wholly owned subsidiary of the Industry Funds Management (IFM) Australian Infrastructure Fund.

>> For more information, visit: www.pacifichydro.com

 

ADDITIONAL RESOURCES

Great Artesian Basin Geothermal Project overview by Pacific Hydro

Green Rock and New World Energy join forces to dominate Mid West geothermal potential

Green Rock and Pacific Hydro sign binding agreement to develop conventional geothermal resources for power projects

Pacific Hydro signs agreement to develop conventional geothermal resources in Australia

 

DISCLAIMER

This webpage contains certain forward-looking statements that have been based on current expectations about future acts, events and circumstances. These forward looking statements are, however, subject to risks, uncertainties and assumptions that could cause those acts, events and circumstances to differ materially from the expectations described in such forward-looking statements.

Neither Activated Logic nor the partners of the ACGDA accept any responsibility to update any person regarding any error or omission or change in the information in this document or any other information available to a person or any obligation to furnish the person with further information. The distribution of this document in various jurisdictions may be restricted by law. Any recipient of this must seek advice on and observe any such restrictions.

Neither Activated Logic nor the ACGDA partners are under any obligation to provide any additional information to any party under any circumstances.

The information contained in this webpage is for general information purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products and should not be relied on for any specific purpose under any circumstances.

 

 

 



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