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Geothermal

  • Petratherm and partner companies have identified large geothermal flows from hot granite rocks up to 4 km deep at Paralana near Mt Painter.
  • Partners in the Paralana Geothermal Energy Project plan to develop a clean energy precinct and supply electricity to Beverley Uranium Mine, Olympic Dam and other miners in the region.
  • At the end of 2011, the company was considering gas, wind, solar and geothermal energy sources. [Attach Petratherm Paralana Geothermal Q&As May 2010 pdf]
  • In September 2012 Petratherm announced it had been invited to apply for funding under the Australian Renewable Energy Agency (ARENA) $126 million Emerging Renewables Program for the next stage of works for the Paralana geothermal JV project.

Resources

Petratherm website: http://www.petratherm.com.au/paralana