Monday, November 26, 2012

Australia:

Hot Rocks Cool for Geothermal Industry (ABC Online)

Geodynamics' Habanero 4 well in the 
Cooper Basin. (Courtesy Geodynamics) 
On paper, the potential for geothermal energy in Australia is staggering. Government data suggests that using just one per cent of our hot rocks to generate power could meet Australia's energy needs for 26,000 years.

But for now it seems the hot rock industry has gone cold.

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