Geothermie- Der neue Megatrend !? - 500 Beiträge pro Seite

[HuskyEnergy]

Hallo an Alle!

Seit mehreren Monaten beschäftige ich mich intensiv mit dem Thema Geothermie. Ich muss sagen diese Art der Energiegewinnung ist mehr als beeindruckend. Ich denke in Zukunft wird Geothermie eine so große Rolle spielen ,wie heute die Sonnenenergie.
Was heißt das alles jetzt für uns Anleger:
Wir können frühzeitig diesen Trend erkennen und damit Geld verdienen. Ich denke da vor Allem an Aktien, hab aber auch noch keinen Favoriten(es gibt ja auch noch nicht allzu viele Firmen, die börsennotiert sind).

In diesem Thread sind alle dazu eingeladen, über Gheotermie und ihre Geothermie-Aktien zu posten.


Gruß HuskyEnergy

[buchi1971]

Welche notierten Unternehmen gibt es denn überhaupt, welche haben die besten Chancen?

[HuskyEnergy]

Es gibt ,so weit ich sie gefunden habe:
Western Geopower,Geodynamics, Ormat Technologies, Enro, Nibe Industries,..
Aber allzu viele mehr kenn ich auch noch nicht, möchte sie aber kennen lernen

Gruß HuskyEnergy

[Popeye82]

Hey HuskyEnergy!,

Gefällt mir ja gut.
Vor lauter "Megatrends", aussichtsreichen Technologien,
Unternehmen... und dergleichen, fällts einem -mir zumindest-
ja schon schwer, einigermassen den Überblick zu behalten
-oder erstmal zu bekommen.

Genau deswegen hab ich mir auch vorgenommen, nach Rohstoffunternehmen
mich dann möglichst auch an Geothermie ranzutasten.

Weil Du Dich ja schon einige Zeit damit beschäftigt hast
-kannst Du da vielleicht einige gute Quellen nennen??,
Websites, wie vor alle auch Literatur.
Schon mit einem guten fachlichen Einblick, aber nicht
zu endlos, unnötig lang.

Die besagten Unternehmen sind ingesamt sicherlich nicht schlecht
(nur teils vom hörensagen), aber wenn man es schon etwas spekulativ, dafür noch chancenorientierter angehen will,
denke ich, muss man viel mehr international "überall und nirgendwo,
in allen Nischen und Ecken" versuchen zu stöbern.

Da findet man viele viele interessante, vor allem kleinere
(wenn das für einen auch in Frage kommt) Unternehmen.

Zwei, die mir sehr interessant erschienen, waren:

-Petratherm Ltd., AU000000PTR5 und
-Hot Rock Ltd., AU000000HRL9



Aber wie gesagt -unter der Berücksichtigung,
daß ich in der Richtung auch noch nicht allzugroße
Einblicke habe -interessant halt.


Popeye

[Bunte17]

Schaut mal in den Western Geopower Thread, dort sind auch sehr viele Quellen genannt....

[HuskyEnergy]

Hallo Popeye!

Ja,auf http://de.wikipedia.org/wiki/Geothermie kannst du dich mal grundsätzlich informieren, was Geothermie im Genaueren ist, welche Länder Geothermie nutzen, usw..
Ja kleinere Firmen haben sicherlich mehr Potenzial,Hot Rock und vor Allem Petraterm sind interresant.

Schönes Wochende HuskyEnergy

[HuskyEnergy]

Ganz vergessen: Natürlich gibt es da ja noch den deutsche Börsenneuling Daldrup&Söhne

[Popeye82]

Sierra Geothermal Power, CA82631N1042

www.sierrageopower.com


Wurden neulich in Frankfurt und Berlin gelistet,
mehr weiss ich nicht dazu
-nur im Sinne einer weiteren Option,
vielleicht ists ja was?!

[HuskyEnergy]

Antwort auf Beitrag Nr.: 32.871.985 von Popeye82 am 26.12.07 16:10:07

Kein schlechter Tipp von dir, danke



Seit IPO sehr gut gelaufen...
Ja richtig in Frankfurt und Berlin gelistet nur halt sehr wenig Volumen
Homepage hab ich mal schnell überflogen, schaut ja nicht schlecht aus, man müsste sich durch die jahresberichte durchlesen, um infos und kennzahlen zu bekommen

[HuskyEnergy]

Wär schon wenn du Zeit hast und weitere Unternehmen "entdecken" könntest

Frage: Wie hast du Sierra Power gefunden? Gegoogelt?

[Popeye82]

Das war über eine eingegangene Mail,
in der recht viele zuletzt bei uns frisch gelistete
Unternehmen aufgeführt wurden.

also wenn ich bei dkb.de es mal einfach mit "Geothermal" versuche,
dann erscheinen da neben den schon genannten noch:

-Geothermal Resources Ltd., AU000000GHT5
www.geothermal-resources.com.au

-Nevada Geothermal Power Inc., CA64127M1059
www.nevadageothermal.com
(die dürften wohl einigen ein Begriff sein)

-Panax Geothermal Ltd., AU000000PAX3 www.panaxgeothermal.com.au

-Kentor Gold Ltd., AU000000KGL6,
www.kentorgold.com.au
(eigentlich ein Rohstoffexplorationsunternehmen,
meine aber mich dranerinnern zu können, daß die auch Absichten
in Richtung Geothermie hatten)

-Polaris Geothermal Inc., CA7310631030
www.polarisgeothermal.com

-U.S. Geothermal Inc., US90338S1024
www.usgeothermal.com

Ich glaube, ich hab da aber schon einige mehr gesehen,
versuch das nochmal zusammenzusuchen.

[HuskyEnergy]

Antwort auf Beitrag Nr.: 32.880.366 von Popeye82 am 27.12.07 16:28:03

Ich finde auch nur die die zu aufgezählt hast, trotzdem danke für den Tipp. besonders gut gefallen mir Western Geopower und U:S: Geothermal

Was sind denn deine Favoriten?

[Popeye82]

So, ich werd mal versuchen in den nächsten Tagen und Wochen den Thread
einiges zu erweitern.

Als erstes wollte ich eigentlich mal eine ganz grundsätzliche Definition von Geothermie
reinstellen, aber nachdem ich bei Wikipedia geguckt hab, lass ichs erstmal
-dann wär der Thread mit einem Mal 10 Seiten länger.

Ich wird mal versuchen selber was zusammenbasteln.

Nach ein paar Sachen, die ich mir die letzten Tage durchgelesen habe,
scheinen mir in Sachen Geothermie Australien (wenn nicht sogar das interssanteste Land diesbezüglich schlechthin?!?), Island und Indonesien sehr sehr interessant.

[theak]

wenn die erste fa. aus bayern an die börse geht bin ich dabei
bisher haben aber die bayerischen kommunen schneller geschaltet

der gesamte süddeutsche raum hat sehr gute zapfmöglichkeiten!!!!

theak

[Popeye82]

Hab doch noch ein paar mehr gefunden,
mach mal eine kleine „Bestandsaufnahme“ +die bisher genannten:
(wird nicht ganz kurz)

-Green Rock Energy
-Eden Energy
-KUTh Energy
-Torrens Energy
-PNOC Energy Development

Noch nicht gelistete, oder wo ich mir da nicht ganz sicher bin:
-Osiris Energy (noch privat??)
-Geogen (Victoria)
-Greenearth Energy (IPO müsste in ein paar Tagen ausstehen -10. Januar??- , wenn ich mir die Website anschaue, ist da von Geothermie nichts zu erkennen, meine aber die in dem Zusammenhang irgendwo aufgeführt gesehen zu haben, wenns nicht hinhaut nehm ich die wieder raus)

Die bisher schon genannten:-Western Geopower
-Ormat Technologies
-Enro AG (??)
-Petratherm
-Hot Rock
-Geothermal Resources
-Panax Geothermal
-Nibe Industrier (??)
-Sierra Geothermal Power
-Nevada Geothermal Power
-Kentor Gold (gehört wohl nur mit zu den Vorhaben)
-Polaris Geothermal Power
-US Geothermal
-Daldrup&Söhne
-Geodynamics

[Popeye82]

Werde mal versuchen die nächste Zeit vielleicht die Liste
weiter beizubehalten, allerdings noch ein paar ergänzende
Informationen hinzuzufügen.

Möglichst nicht zuviel, aber auch nicht zuwenig,
ein klein bisschen an den "Solarfavoriten-Thread 2008" vielleicht.

Wenn ich mir die Titel mal so einzeln anschaue muss ich sagen,
scheinen mir die doch die letzten 1, 2 Jahre
-und speziell zuletzt- gesamt doch absolut stark performt zu haben.

Ich würde meinen, der "Startschuss"dürfte langsam gefallen sein,
noch kann man frühzeitig dabeisein.

Ich würde mal einfach behaupten:
Wenn man die Titel alle als eine Art Fonds zusammentun würde,
dann dürften längerfristig -vielleicht 3-5 Jahre-
eine beeindruckende Performance zu Buche stehen
-und man viele andere Fonds damit schlagen.

Mal einfach als persönliche Hypothese.

Welche Titel mir am besten gefallen weiss ich
-noch- ich wirklich, hatte ja auch eingangs gesagt,
daß ich da keinerlei Erfahrung habe,
kann nur sagen, daß sich für mich Hot Rock +Petratherm wirklich interessant angehört haben -aber da dürften noch einige andere dabeisein.


Ich seh das erstmal als Anfang,
glaub das wird noch eine ganze Ecke umfangreicher werden.

[Popeye82]

an dem "Solarfavoriten-Thread 2008" orientiert, meinte ich.

Vielleicht müssen auch noch 1, 2 rausgenommen werden,
bin mir nicht ganz sicher, ob die alle wirklich in die Kategorie fallen.

-Wenn, vielleicht mal was sagen!

Zusätzlich vielleicht noch:

-derzeitige Bewertung
-eventuell kurze perönliche Einschätzung
-Anzahl der Projekte, größe der Gebiete
-vielleicht auch ab irgendeinem Zeitpunkt mal eine Art
Depot aufmachen +die somit von der Entwicklung,
perfomancetechnisch unter Beobachtung nehmen


Sowas in der Art vielleicht, wenn Ihr da Ideen habt
-einfach posten.

Das wars jetzt glaub ich erstmal.

[Popeye82]

Central Petroleum, möchten sich da demnächst auch engagieren.

Die gefallen mir so gut, daß ich die demnächst vorstellen möchte.

-Glass Earth
-Medco Energi International

[HuskyEnergy]

Danke Popeye, für deine Mühe!

Diie Idee find ich gut, mit den "Solarfavoriten 2008", hoffe da kommt was zu stande Interresant wären Marktk., KGV, usw obwohl ich natürlich weiß, dass bei so marktengen Aktien, es sehr schwer ist, diese Kennzahlen herauszufinden.

Australien gefällt mir als Land auch sehr gut, ich schau mir jetzt erstmal deine genannten Firmen etwas genauer an

Natürlich würde ich dich bei der Tabelle unterstützten

HuskyEnergy

[Popeye82]

montaraventures.com/energy/about-montara-energy-ventures

[HuskyEnergy]

Also ich werde jetzt in fünf Aktien investieren, sozusagen mein eigener "Fonds".
Ich werde mir mal alle Firmen anschauen, und dann eine Entscheídung treffen

[VIALUXX]

Antwort auf Beitrag Nr.: 33.029.998 von HuskyEnergy am 12.01.08 17:49:50

...das würd mich "brennend" interessieren! Herzl.Gruss Via.!

[HuskyEnergy]

Antwort auf Beitrag Nr.: 33.033.672 von VIALUXX am 13.01.08 13:26:39

Hi VIA,

Am besten gefallen mir nach intensiven Nachforschen der Marktführer Ormar Technologies, WGP,Petraterm, Sierra Ge. Power und Daldrup.

Das Problem, bei den kleineren Firmen, (also praktisch alle bis auf Daldrup und Ormat) ist, dass sie im Moment noch keine Gewinne machen, aber das kommt schon noch !

Gruß HuskyEnergy

[VIALUXX]

Antwort auf Beitrag Nr.: 33.033.933 von HuskyEnergy am 13.01.08 14:40:15

...danke HuskyEnergy für die prompte Antwort.

[HuskyEnergy]

Hallo,

Also ich hab jetzt mal eine Watchlist angelegt zu den genannten Werten. Nicht dabei sind Enro (is nur ein Energieversorger und Nibe, da hab ich mich auch geirrt. Geodynamics kann man nur in Amerika handeln, also auch nicht dabei)

Hier der Link:

http://www.wallstreet-online.de/watchlist/watchlist-detail.h…

Schaun wir mal ob, und wie dieses "Depot" den Markt schlagen kann.

Viele Grüße und ein schönes Wochenende
Husky

[lieberlong]

Antwort auf Beitrag Nr.: 33.100.774 von HuskyEnergy am 18.01.08 19:46:01

Der Link führt auf meine eigene Watchlist bei w:o.
Oder sind die beiden etwa identisch?!

[HuskyEnergy]

Antwort auf Beitrag Nr.: 33.102.298 von lieberlong am 18.01.08 22:16:12

Nein der zweite müsste stimmen, der erste ist von mir nicht absichtlich eingefügt worden..
Drück mal auf den zweiten, das solte gehen

[lieberlong]

Antwort auf Beitrag Nr.: 33.102.318 von HuskyEnergy am 18.01.08 22:17:56

Wo ist denn der zweite

[HuskyEnergy]

Antwort auf Beitrag Nr.: 33.102.565 von lieberlong am 18.01.08 22:57:18

OK, ich probiers nochmal:

http://www.wallstreet-online.de/watchlist/watchlist-detail.h…

Und der Link führt zu deiner Watchlist?

Gruß

[lieberlong]

Antwort auf Beitrag Nr.: 33.103.444 von HuskyEnergy am 19.01.08 09:22:27

Das wird nichts. Kann glaube ich auch gar nicht funktionieren

[lieberlong]

Erdwärme als Geldanlage

von Christoph Lützenkirchen

Nach Windenergie und Solarstrom ist eine dritte Form der erneuerbaren Energien an der Börse angekommen: Geothermie. Mit Erdwärme lassen sich Kraftwerke betreiben und Häuser heizen.

Bestes Beispiel ist der Kavaliersstart des Börsenneulings Daldrup & Söhne. Die Aktien des Bohrtechnikspezialisten aus dem westfälischen Ascheberg wurden am 30. November für 13,50 Euro ausgegeben, am 4. Januar erreichte die Aktie 33,20 Euro. Seither hat sich der Kurs zwar korrigiert, doch das Plus seit dem Börsengang beträgt immer noch fast 75 Prozent.

"So ein Potenzial hatten wir noch nie vor Augen", sagt Vorstand Josef Daldrup. Das mittelständische Unternehmen gibt es seit 60 Jahren, früher beschäftigte es sich vor allem mit Bohrungen für den Brunnenbau oder die Rohstoffsuche.

Laut Daldrup sind allein in Bayern aktuell 100 Bohrstandorte für Geothermie bewilligt, bis vor einem halben Jahr seien es rund 60 gewesen. Wesentliches Investitionshemmnis sei bisher das sogenannte Fündigkeitsrisiko gewesen. Jede Bohrung kostet meist weit über 1 Mio. Euro. Im Idealfall stößt der Bohrer auf große Mengen heißen Wassers, im schlechtesten Fall bleibt das Loch trocken. Die bundeseigene Förderbank KfW Bankengruppe nimmt den Betreibern dieses Risiko seit Anfang des Jahres fast vollständig ab. "Das geht aus den Richtlinien zur Förderung von Maßnahmen zur Nutzung erneuerbarer Energien im Wärmemarkt hervor", sagt Daldrup. Allerdings müssten diese Richtlinien noch von der Europäischen Kommission genehmigt werden. Daldrup ist überzeugt: "Es wird ein riesiger Schub kommen. Auch die Großen wie Eon, EnBW und RWE steigen jetzt in den Markt ein."

Green Energy aus Hamburg hat schon zwei geschlossene Geothermiefonds initiiert. Der im Juli 2005 aufgelegte Geotherm Power Fonds soll über eine Laufzeit von zwölf Jahren durchschnittlich 7,42 Prozent Rendite jährlich erwirtschaften. Seit Mitte 2007 vertreibt Green Energy den Geotherm Opportunity Fonds, der bei einer Laufzeit von sechs Jahren jährlich zwölf Prozent Rendite bringen soll. Trotz der verbesserten Situation für Initiatoren geothermischer Kraftwerke ist unklar, ob die Fonds die versprochenen Gewinne realisieren werden: Nach einem Rechtsstreit um den ursprünglich gewählten Standort für die Kraftwerke hofft das Unternehmen auf ein Genehmigungsverfahren im bayerischen Peiting. "In Peiting könnten möglicherweise zwei Anlagen errichtet werden. Parallel bearbeiten wir weitere mögliche Standorte außerhalb Bayerns", sagt Geschäftsführer Matthias Michael.

In 30 Staaten sind nach Angaben des Branchenverbands GtV-BV derzeit über 250 Erdwärmekraftwerke mit einer Gesamtleistung von mehr als neun Gigawatt in Betrieb. "Das entspricht einer Leistung von circa sieben Atomkraftwerken", sagt GtV-Geschäftsführer Werner Bußmann. In Deutschland bieten sich für die geothermische Energieerzeugung die norddeutsche Tiefebene, der Oberrheingraben und das süddeutsche Molassebecken an.


Wenig Auswahl auf dem Kurszettel

Wer von einem möglichen Erfolg der Branche über den Kauf von Aktien profitieren will, hat auf dem deutschen Kurszettel wenig Auswahl. Robert Hauser, Leiter Nachhaltigkeitsresearch der Zürcher Kantonalbank (ZKB), verweist auf börsennotierte US-Unternehmen: "Am besten gefällt uns Ormat Technologies. Das Unternehmen hat viel Geothermie-Know-how und verdient mit der Technologie auch Geld", so der ZKB-Experte. Er rät zur Vorsicht gegenüber kleineren US-Unternehmen wie Nevada Geothermal oder Polaris Geothermal. Zwar könnten sie "positive Überraschungen bieten", sie seien aber zu stark von einzelnen Projekten abhängig. Das wichtigste Argument für die Branche sieht Hauser in der Grundlastfähigkeit: Die Kraftwerke können rund um die Uhr Strom liefern, unabhängig davon, ob der Wind weht oder die Sonne scheint.

Sven Olsson vom Stuttgarter Informationsdienstleister Axino sieht Western Geopower aus dem kanadischen Vancouver als aussichtsreich an. Das Unternehmen plant, auf dem seit 1960 genutzten Geothermiefeld "The Geysers" bei San Franscisco ein Kraftwerk mit mehr als 30 Megawatt Leistung zu bauen. "Die Bohrungen sind genehmigt", sagt Olsson. "Die isländischen Investoren Reykjavik Energy Invest, Geysir Green Energy und Glitnir haben sich bei Western Geopower eingekauft. Sie bringen Expertise mit." Für Western-Geo-Aktionäre verbindet sich damit die Hoffnung, dass die Aktie alte Höhen erreicht: Derzeit ist sie nur ein "Penny-Stock". Mehr als 1 Euro kostete sie letztmals 2004. Nicht nur dieses Beispiel zeigt die Risiken für Privatanleger: Die Branche ist von politischen Entscheidungen abhängig. Biodieselinvestoren wissen ein Lied davon zu singen, was es heißt, wenn die Politik eine Branche erst fördert - und ihr dann den Hahn zudreht.

Quelle:

[lieberlong]

Geldanlage & Börse Heißes Erdwasser fürs Depot

(PR-inside.com 20.01.2008 08:36:07)
München (AP) Wer sein Geld «grün» anlegen will, kann zunehmend in heißes Wasser aus den Tiefen der Erde investieren. Nach Solarstrom und Windenergie ist auch die Erdwärme, die Geothermie, als zusätzliche Form erneuerbarer Energien im Visier der Anleger. Mit dem heißen Wasser aus dem Erdinnern lassen sich Heizwärme und Strom erzeugen. Die junge Energieform gilt als Boombranche mit vielversprechender Zukunft.
Nach ersten erfolgreichen Börsengängen scheint es
verlockend, sich Aktien engagierter Geothermie-Spezialisten ins Depot zu legen. Ökologisches Alternativ-Investment: eine Beteiligung an geschlossenen Fonds zum Bau geothermischer Kraftwerke. «Wir raten von dem Nischenmarkt nicht grundsätzlich ab, warnen aber vor den enormen Risiken für Geldanleger», gibt Lothar Gries, Sprecher der Schutzgemeinschaft der Kapitalanleger (SdK) zu bedenken.
«Kluge Leute heizen mit der Erde», meint der Bundesverband Geothermie in einer Pressemitteilung. Kluge Investoren sollten nicht übereilt Geld in diesen jungen Markt stecken und es womöglich verheizen, mahnen Verbraucher- und Aktionärsschützer zur Besonnenheit. Die Ertragsmöglichkeiten seien selbst für Finanzprofis schwer einzuschätzen.
«Die Idee der Erdwärme klingt spannend, das mutet fast nach einer Lösung unseres Energieproblems an», sagt Roland Aulitzky von der Zeitschrift «Finanztest» der Stiftung Warentest. Für eine Geldanlage in Geothermie-Projekte oder -Aktientitel sei es aber noch zu früh. Ein finanzielles Engagement sei für den Durchschnittsinvestor hochspekulativ. «Das Risiko ist groß», findet auch Niels Nauhauser, Finanzexperte der Verbraucherzentrale Baden-Württemberg.
Grundsätzlich unbestritten ist, dass die Erde ein gigantisches Wärmereservoir darstellt. Anders als bei Solar- und Windkraft-Technologie ist ein Energiebezug völlig unabhängig von Tageszeit und Wetter. Um die Ressourcen zu nutzen, wird das heiße Wasser mit Hilfe von Pumpen nach oben gefördert, die Hitze wird auf Heizungssysteme und Warmwasser übertragen und das Wasser wieder nach unten in die Erde geleitet. Schon einen Kilometer unter der Erdoberfläche herrscht eine Temperatur von 40 bis 60 Grad Celsius.
Zur Stromerzeugung muss deutlich tiefer gebohrt werden, in Regionen, wo die Temperaturen höher als 100 Grad sind. Weltweit ist die umweltfreundliche Nutzung von Erdwärme nach Branchenangaben im Aufschwung. In Zeiten knapper Ressourcen sowie steigender Gas- und Ölpreise habe der Sektor glänzende Zukunftsaussichten, auch in Deutschland.
Zwtl: Bestes Investment: Geothermie-Heizung für daheim
Wer als Privatanleger von möglichen Wachstumssprüngen an den Wertpapiermärkten profitieren will, sollte sich intensiv mit der Materie und den beteiligten Unternehmen beschäftigen, rät Aulitzky. Die Vorstellung, mit Geothermie-Aktien oder -Fonds schnell reich werden zu können, sei in der Regel ein Trugschluss. Auch wenn an der Börse ökologische Themen schon seit längerem der Renner sind, Solaraktien spektakuläre Gewinne hatten und die Kurse in der Windkraftbranche ebenfalls in schwindelerregenden Höhen waren. «Wer kann schon beurteilen, ob der Kurs der Bohrtechnikfirma XY angemessen oder schon völlig überhitzt ist?», warnt Nauhauser. Börsennotierte US-Firmen seien noch schwieriger einzuschätzen als deutsche.
Auch eine Beteiligung an geschlossenen Geothermie-Fonds, die auf dem deutschen Markt zu haben sind, bergen Risiken. Investoren lassen sich auf Fonds-Laufzeiten von etwa 6 bis 12 Jahren ein. Ein vorzeitiger Ausstieg ist in der Regel nur unter großen Verlusten möglich. Außerdem sei das unternehmerische Risiko immens, warnt Aulitzky. Anleger haften bis zur Höhe ihrer Einlage für Verluste der Firma. Schlimmstenfalls ist das investierte Geld komplett weg.
Schwierig ist zudem, gute von schlecht geführte Fonds zu unterscheiden. Weil Geothermie-Produkte noch neu am Markt sind, kann kein Anbieter bisher aussagekräftige Leistungsbilanzen vorweisen. «Nicht locken lassen von Renditeversprechen von 12 Prozent jährlich», betont Gries. «Zweistellige Gewinnprognosen kann man kaum Glauben schenken.
Wer gern «grün» investieren will, solle sich eine neue Geothermie-Heizung fürs eigene Häuschen anschaffen, so Aulitzkys Tipp. «Das ist die ideale Investmentmöglichkeit.

Quelle:

[HuskyEnergy]

Danke für die News lieberlong

Mein "Geothermie-Portfolio" ist fast 10% im Minus...

Ganz gut steht zurzeit Torrens Energy mit +7% dar

[Sugar2000]

Den Börsengang von Evonik Industries abwarten Marktführer in Sachen Geothermie in Deutschland über die Evonik New Energies...

[Popeye82]

bei Greenearth müsste vor kurzem das IPO erfolgt sein,
weiss aber gerade nicht wo, bei uns scheinbar noch nicht.
Werde demnächst mal wieder versuchen ein bisschen was reinzustellen.

HuskyEnergy, mit im Schnitt -10% müsstest Du ja derzeit fast
zu den Topperformern zählen?! ,
so heftig das derzeit auch grad alles ist.

Auch wenn grad alles heftigst durchgeschüttelt wird,
an den Aussichten ändert sich nichts.

Popeye

[HuskyEnergy]

So einmal die aktuelle Performance:

-Green Rock Energy: -13,79%
-Eden Energy: -10,78%
-Kuth Energy: +0,64%
-Torrens Energy: +12,13%
-Western Geopower: -6,91%
-Ormat Technologies: -1,27%
-Petratherm: -9,29%
-Hot Rock: -10,00%
-Geothermal Resources: -18,62%
-Panax Geothermal: +o,oo%
-Sierra Geothermal Power : -1,36%
-Nevada Geothermal Power: -19,51%
-Polaris Geothermal Power: -1,27%
-US Geothermal: -11,36%
-Daldrup&Söhne: -10,37%
-Geodynamics: -5,36%

Gesamt: -5,62%
Beste Aktie: Torrens Energy: +12,13%

Hält sich erstaunlich gut

Ich werde dann ab jetzt immer am Wochende die Stände posten

Gruß Husky

[lieberlong]

Antwort auf Beitrag Nr.: 33.145.622 von HuskyEnergy am 23.01.08 17:29:04

Bei Dir ist wohl jetzt schon "Wochende"?

[HuskyEnergy]

Antwort auf Beitrag Nr.: 33.145.722 von lieberlong am 23.01.08 17:34:22

Nein, es steht ja auch "ab jetzt"

[HuskyEnergy]

Aber jetzt ist Wochende

Hier die Übersicht:

DALDRUP+SOEHNE AG
-0,81 %

EDEN ENERGY LTD
-2,16 %

GEODYNAMICS LTD
2,42 %

GEOTHERMAL RES LTD
-7,89 %

GREEN ROCK EN. LTD
-13,79 %

HOT ROCK LTD.
-3,33 %

KUTH ENERGY LTD
-1,92 %

NEVADA GEOTHERMAL
-20,37 %

ORMAT TECHNOLOG.
1,75 %

PANAX GEOTHERMAL L
-0,00 %

PETRATHERM LTD
-7,91 %

POLARIS GEOTHERMAL INC
-3,10 %

TORRENS ENERGY LTD
5,44%

U.S. GEOTHERMAL I.
-2,84 %

WESTERN GEOPOWER CORP
-0,36 %


--------------------------------------

Unterm Strich() macht das ein lächerliches Minus von 0,04%


******* Bester Wert******
Torrens Energy +5,44%

******* Schlechtester Wert ******
Nevda Geothermal - 20,37%

[lieberlong]

Antwort auf Beitrag Nr.: 33.175.646 von HuskyEnergy am 25.01.08 22:38:48

[HuskyEnergy]

So ist wieder mal Zeit:

Hier die aktuellen Stände:

DALDRUP+SOEHNE AG
+7,41%

EDEN ENERGY LTD
+0,86%

GEODYNAMICS LTD
+4,1%

GEOTHERMAL RES LTD
-13,56%

GREEN ROCK EN. LTD
-6,9%

HOT ROCK LTD.
-5,56%

KUTH ENERGY LTD
-10,90%

NEVADA GEOTHERMAL
-23,90%

ORMAT TECHNOLOG.
+1,51%

PANAX GEOTHERMAL L
-0,00 %

PETRATHERM LTD
-5,14%

POLARIS GEOTHERMAL INC
-6,33%

TORRENS ENERGY LTD
+25,10%

U.S. GEOTHERMAL I.
-6,25 %

WESTERN GEOPOWER CORP
-7,30 %

Ergbit ein Plus von 2,86%

*******Bester Wert*******
Torrens Energy + 25,10%

*******Schlechtester Wert*******
Nevada Geothermal -23,90%

[HuskyEnergy]

Antwort auf Beitrag Nr.: 33.247.650 von HuskyEnergy am 02.02.08 13:41:03

Insgesamt +4,54%

*****Bester Wert*****
Torrens Energy +14,23%

*****Schlechtester Wert*****
Nevada Geothermal -18,41%

[Popeye82]

Versteh ich da irgendwas falsch
-oder bist Du wirklich in allen 13 Werten investiert??

[lieberlong]

Antwort auf Beitrag Nr.: 33.371.937 von Popeye82 am 14.02.08 19:37:22

Nein, hat alles zum besseren Vergleich in der Watchlist. Investiert ist er, glaube ich, derzeit in gar keinem Wert.

[HuskyEnergy]

Antwort auf Beitrag Nr.: 33.372.443 von lieberlong am 14.02.08 20:07:41

Abend.

Siehe Posting 23

[lieberlong]

Antwort auf Beitrag Nr.: 33.372.769 von HuskyEnergy am 14.02.08 20:26:56

Ach hast wohl mal zugeschlagen?!

[HuskyEnergy]

Antwort auf Beitrag Nr.: 33.372.898 von lieberlong am 14.02.08 20:34:49

Jep, ist aber sehr laaaaaaangfristig

[lieberlong]

Antwort auf Beitrag Nr.: 33.372.983 von HuskyEnergy am 14.02.08 20:40:18

Bei allen fünf aus Posting #23,
oder eben nur Ormat und Daldrup?

[HuskyEnergy]

Antwort auf Beitrag Nr.: 33.373.067 von lieberlong am 14.02.08 20:44:57

Nein, nein alle fünf. Aber nur mit sehr kleinen Posis.

[lieberlong]

Antwort auf Beitrag Nr.: 33.373.102 von HuskyEnergy am 14.02.08 20:47:14

Naja, wenn Du so zuschlägst, hätte ich auch noch Western Geopower mit reingepackt.

[HuskyEnergy]

Antwort auf Beitrag Nr.: 33.373.137 von lieberlong am 14.02.08 20:48:55

Hab ich eh drin:

WGP steht für Western Geo Power

[lieberlong]

Antwort auf Beitrag Nr.: 33.373.192 von HuskyEnergy am 14.02.08 20:51:53

Achso. Da hätte ich auch selbst drauf kommen können!
Wünsche viel Erfolg!

Bleibe aber auch am Ball.

[Popeye82]

"CCM Research Issues Initial Report on Nevada Geothermal Power, Inc.
Monday February 11, 1:28 pm ET

TORONTO, ONTARIO--(Marketwire - Feb. 11, 2008) - Nevada Geothermal Power Inc. (TSX VENTURE:NGP - News; OTCBB:NGLPF - News)

ADVERTISEMENT
CCM Research analyst, Mohammad Sharifzadeh, PhD., CFA, has written an initiating report on Nevada Geothermal Power, Inc.

Nevada Geothermal Power Inc. (TSX VENTURE:NGP - News; OTCBB:NGLPF - News) is an alternative renewable geothermal energy company actively exploring and developing several geothermal power plant projects and owns a 100% leasehold interest in four properties: Blue Mountain, Pumpernickel, Black Warrior in Nevada and Crump Geyser, Oregon.

In the report the analyst states, "With the Faulkner 1 power plant in the Blue Mountain Project scheduled to come online in 2009, NGP will move into the stage of commercialization with high growth potentials."

The analyst continues, "geothermal electricity producers like NGP will be the major beneficiaries of the strong U.S. electricity prices; simply because they do not bear the high cost of fossil fuels while they enjoy the buoyant electricity prices determined by market forces. For this reason we think, once getting into the production stage, NGP's income statement will be showing a growing gross and net margin and thus growing profitability in the future."

A free copy of the report can be found at www.ccmopportunitybase.com.

CCM Research, a division of Cronus Capital Markets, Inc., subscribes to the "Standards for Independent Research Providers" and the principles contained in the Analyst/Corporate Issuer Guidelines jointly promulgated by the CFA Institute and the National Investor Relations Institute, described at: http://www.cfainstitute.org and http://www.niri.org.

Cronus Capital Markets, Inc., through its CCM Consulting division, entered into a one year $42,500.00 contract with the company to assist it with the creation and execution of information-based strategies to overcome market inefficiencies that are commonplace for the vast majority of public companies, such as share illiquidity and stagnant market capitalization.

Cronus Capital Markets (CCM) is a global investment information firm who strategically produces and introduces, through various forms of analytics and worldwide distribution, information on equity market opportunities. CCM's equity indexes receive international attention and represent important new benchmarks of growth.

The TSX Venture Exchange has neither approved nor disapproved the contents of the press release.


Contact:

Peter Soni
Cronus Capital Markets
Chief Information Officer
[phone] ext 225
Email: [e-mail]

Source: Nevada Geothermal Power Inc."

[hbg55]

Antwort auf Beitrag Nr.: 33.376.238 von Popeye82 am 15.02.08 02:36:48

[Stoni_I]

Mir alles suspekt. Ist da nicht auch viel Frick-Niveau dabei?

Mir fällt aus Deutschland nur zusätzlich noch eine Bauer ein.

[macsoja]

Hi,

generell mal die Überlegung, ob die "Kleinen" wirklich überleben werden.

Welches Interesse hätten denn die "Großen", die den Markt beherrschen?

Ich stecke nicht so tief drin, weiß aber, daß die gerade erst dem CHPT11 entkommene Calpine u.a. auch auf Erdwärme setzt und damit auch wirbt.

Durch die anderen Kraftwerke sind die
a) im Energiemarkt drin
b) diversiviziert

Die Fragen wären:
a) Wie groß ist das Gesamtengagement der "Kleinen" im Vergleich zu Calpines-Erdwärme-Anteil

b) Haben die "Kleinen" wirklich schon Kraftwerke und können damit Cash generieren? Oder besitzen Sie "nur"
a) know how zur Erschließung von Quellen
b) Land mit existierenden/vermuteten Quellen

Kurz:
Wer ist mit Erdwärme schon produktiv bzw. am produktivsten und kann von dieser Basis aus agieren?

Mag konservativ sein, aber aus meiner Sicht ist alles Weitere ähnlich den "Öl-Explorern".
Da wird dann das Wissen und potentielle Quellen (mit Probebohrungen) hochgerechnet und nachher ist die Firma pleite und ein "Großer" übernimmt die Konkursmasse

Ihr müßt ja auch bedenken, wie die auf einen grünen Ast kommen:
a) verkaufen der Quellen
b) selbst bauen & investieren (wieviele Kraftwerke werden die bauen können)
c) Übernahme

Insofern wäre eine Analyse der oben genannten Player interessant
a) im wirklichen Besitz der Quellen
b) Anteil der Quellen, die bereits Energie erzeugen
c) Cashreserven, um noch einige Jahre "Unschlüssigkeit" auszuhalten

Es gibt also die Taktik
a) auf alle setzen und hoffen, daß einige überleben und zwar müssen die dann einen höheren Wert haben, als die derzeitige Bewertung mit sehr viel Phantasie
b) auf die Großen setzen, die einige Leute beschäftigen, die sich den ganzen Tag darüber Gedanken machen, wie sie hier den Einfluß vergrößern können

c) ein Fond, der ähnlich den Öl-Explorern, die aussichtsreichen a)-Kandidaten prüft und entsprechend umschichtet

Grüße
mac

[HuskyEnergy]

Antwort auf Beitrag Nr.: 33.380.177 von macsoja am 15.02.08 13:12:45

Hallo macsoja

Ich habe deine c-Taktik genommen, allerdings habe ich nicht in einen Fonds investiert, sondern in meinen "eigenen". Ich habe alle Firmen untersucht, die hier genannt wurden (hat ganz schön lang gedauert:rolleyes und die 5 Aussichtsreichtsten genommen.

Müssen natürlich nicht die Besten sein, aber sie scheinen mir gut aufgestellt zu sein.

Nochmals meine 5: WGP (Western Geopower), Sierra Ge. Power, Daldrup, Ormat (mArktführer), sowie Petratherm

[macsoja]

Antwort auf Beitrag Nr.: 33.380.417 von HuskyEnergy am 15.02.08 13:28:56

Hi Husky,

jaja so hatte ich das verstanden.

Wenn Du magst, können wir jetzt die Kriterien diskutieren, die Du für Deine Entscheidung herangezogen hast.
D.h.
- was ist ein Marktführer (jeder ist natürlich auf seinem Gebiet Marktführer)
- wie wichtig ist die Marktkap.

Naja und dann muß man beachten, daß man als Kleinanleger nur an die Daten kommt, von denen die Unternehmen wollen, daß Du sie siehst.

Während Fonds teilweise (hoffe ich zumindest) hinfahren und das Management auseinandernehmen bzw. sich mit weiteren Fakten auseinander setzen.

Daldrup -> bohrt also
-> wie lange kann man damit Geld verdienen
-> kann aber im Notfall auch nach Öl, Gold etc. bohren

ORMAT -> fast 1,7 Mrd $ wert
-> verkauft schon ca. 300Mio Umsatz

Western Geo -> 1 Feld und viel Hoffnung
-> 67 Mio Marktkap

Petratherm -> mmh?

SIERRA GEOTHERMAL POWER CORP
-> sucht / bohrt / hofft?

Fazit:
Kann verstehen, daß Fonds nur Daldrup & Ormat bevorzugen, wenn auch aus verschiedenen Gründen.

Daldrup ist in einem Fond für kleine/mittelgroße Unternehmen mit guten Chancen

Ormat in einigen Ökofonds.

[wolzik]

Antwort auf Beitrag Nr.: 33.380.417 von HuskyEnergy am 15.02.08 13:28:56

hallo huskyenergy,
wie würdest du die Bauer AG bei diesem thema sehen...mit ihren bohrgeräten sicher ein potentieller ausstatter, wenn nicht sogar dienstleister?...oder mehr?
gruß
wolzik

[HuskyEnergy]

Antwort auf Beitrag Nr.: 33.382.395 von wolzik am 15.02.08 15:49:15

Hallo wolzik,

Hier mal ein Kurzportrait von OnVista:

Die Bauer AG bildet mit ihren Tochtergesellschaften einen Konzern, der international Bauleistungen im Spezialtiefbau anbietet. Im Inland ist Bauer dabei auch in angrenzenden Bereichen wie der Umwelttechnik, Sanierung von Bauwerken, im Brücken-, Untertagebau und der Projektentwicklung tätig. Im stark fragmentierten Markt Spezialtiefbau sieht sich Bauer in Deutschland als führend und weltweit als eines der größten Unternehmen. Zum Angebotsspektrum gehören zudem Maschinen, Geräte und Werkzeuge sowie Servicedienstleistungen rund um den Spezialtiefbau. Ein Großteil dieser Maschinen, Geräte und Werkzeuge wird ins Ausland geliefert. Das operative Geschäft untergliedert sich in die Bereiche Bau, Maschinenbau und Sonstiges. Weltweit gehören mehr als 70 Gesellschaften zum Konzern

Sicherlich keine wirklicher Geothemie Aktie, aber es besteht ein Zusammenhang.


Ich finde die Firma sehr gut, einziges kleines Manko, ist die realtiv hohe Verschuldung

Grüße Husky

[HuskyEnergy]

Antwort auf Beitrag Nr.: 33.380.891 von macsoja am 15.02.08 14:01:46

Es ist schon klar, dass die beiden(Daldrup, Ormat) zu bevorzugen sind. Sie machen ja auch schon Gewinn.

Petraterm kommt aus Australien.



Wenn ihr wollt kann ich eine Liste mit den Homepageslinks erstellen?!

Grüße Husky

[wolzik]

Antwort auf Beitrag Nr.: 33.382.784 von HuskyEnergy am 15.02.08 16:10:51

ja bitte, das wäre toll....

[HuskyEnergy]

Antwort auf Beitrag Nr.: 33.390.461 von wolzik am 16.02.08 11:03:15

Ok:

Daldrup & Söhne --> http://www.daldrup.com/
EDEN ENERGY LTD -->http://www.edenenergy.com.au/
GEODYNAMICS LTD -->http://www.geodynamics.com.au/IRM/content/home.html
GREEN ROCK EN. LTD -->http://www.greenrock.com.au/
HOT ROCK LTD. --> http://www.hotrockltd.com/
KUTH ENERGY LTD -->KUTH ENERGY LTD
NEVADA GEOTHERMAL -->http://www.nevadageothermal.com/s/Home.asp
ORMAT TECHNOLOG. -->http://www.ormat.com/
PANAX GEOTHERMAL --> Da hab ich nur eine Presentation gefunden?!? http://www.panaxgeothermal.com.au/Resources/20071126_uranoz_…
PETRATHERM LTD -->http://www.petratherm.com.au/
POLARIS GEOTHERMAL INC-->http://www.polarisgeothermal.com/eng/main.html
TORRENS ENERGY LTD-->http://www.torrensenergy.com/
U.S. GEOTHERMAL -->http://www.usgeothermal.com/index.aspx
WESTERN GEOPOWER CORP-->http://www.geopower.ca/




Also macht euch ein eigenes Bild, wird euch eine Weile beschäftigen...

Gruß Husky

[wolzik]

Antwort auf Beitrag Nr.: 33.390.548 von HuskyEnergy am 16.02.08 11:26:18

DANKE !! ....

[HuskyEnergy]

Antwort auf Beitrag Nr.: 33.397.190 von wolzik am 17.02.08 21:55:19

Gerne.

Ich merke gerade, dass der Kuth Energy Link nicht funktioniert, vielleicht klappts hier:

http://www.kuthenergy.com/

[HuskyEnergy]

2 Links aus einem Thread rauskopiert:

http://ecotality.com/life/2007/10/25/6-geothermal-developers…
http://www.stansberryresearch.com/PRO/0711GLDJARSP/EGLDJ202/…

[Bronto99]

Antwort auf Beitrag Nr.: 33.426.096 von HuskyEnergy am 20.02.08 17:40:24

Zwei Aktien in dem Stansberry Pusher Artikel dürften Nevada Geothermal (stock#2) und Western Geopower (stock#1) sein.

[oko]

http://www.geothermie.de/europaundweltweit/europa_und_weltwe…

[HuskyEnergy]

Antwort auf Beitrag Nr.: 33.481.878 von oko am 26.02.08 19:01:56

Danke, danke

Wenn immer euch Geothermie Webpages und Artikel auffallen, einfach hier reinstellen; wir lesens gerne

Ich geb mal wieder einen Überblick:

Insgesamt +6,90%

******Bester Wert******
U.S. Geothermal +18,18%

******Schlechtester Wert******
Nevada Geothermal -17,68%

[lieberlong]

Hier gibts paar schöne Filmchen zum Thema (auch zu allen EE´s):

http://213.133.109.5/wb/pages/portal/erneuerbare-energien/ge…

[Popeye82]

Führe auch eine 'Geothermal-Watchlist',
die meisten haben zuletzt nach ziemlichen Rückgängen wieder
deutlich angezogen.

Zu Posting55+56, das sehe ich ziemlich anders
'Frickniveau' -auf keinen Fall.
Das sind reale Unternehmen mit realen Vorhaben
(auch wenns sicher die ein oder andere Ausnahme geben mag).

Anlagetechnisch muss man sich natürlich überlegen was man
will, die schon gut verdienenden +höher kapitalisierten
sind natürlich weitaus sicherer
-aber den größeren Hebel findet man da mit Sicherheit nicht.

Für mich ist das wirklich eine Art "Bewegung",
die erst am Anfang steht und noch sehr viel Potenzial hat.
(das wird ein ernstzunehmender Sektor, m.M.n.)

Aber genau weils halt noch so sehr am Beginn steht
sind die Risiken natürlich deutlich größer,
allein nur mal auf die bisherigen Erfahrungswerte bezogen.

Grundsätzlich sind die Unternehmen denke ich nicht sehr viel
anders als (Rohstoff)Explorer zu sehen,
die meisten haben sich gerade mal einige Lizenzen zusammengesammelt, mögliche Produktionsstarts liegen zumeist
noch in ziemlicher Ferne(2-3 Jahre aufwärts meist),
allerdings zumeist mit ernsthaften Absichten später auch
selber in Produktion zu gehen, m.M.n. .


Unter dem Strich vielleicht:
Die Risiken sind nicht klein,
aber der Sektor hat absolut reales Potenzial,
im Endeffekt kommt es aufs Stockpicking an -wie fast immer.

alles persönliche Ansichten.

[HuskyEnergy]

Antwort auf Beitrag Nr.: 33.493.724 von Popeye82 am 27.02.08 17:07:38

Update---> Gesamt: -1,03%

*****Bester Wert*****
Daldrup +7,23%

*****Schlechtester Wert*****
Petratherm -20,95%

Stay long

[Popeye82]

www.aegis.com.au/Data/assirt/Reports/BB/71202/XBB_71202.pdf
hier werden mindestens 2 der Titel besprochen,
ich hab keine Ahnung, ob der Link hinhaut, wenn man nicht angemeldet ist, könnt Ihr ja mal sagen...

[oko]

Antwort auf Beitrag Nr.: 33.762.077 von Popeye82 am 30.03.08 21:51:08

Link funktioniert, danke!

[HuskyEnergy]

Danke ,Popeye, für den Link

Bei der Gelegenheit mal ein Update:

Gesamt: +3,53%

*****Bester Wert****
Daldrup + 28,37%

****Schlechtester Wert*****
WGP - 34,31%

[Mutzinger]

Nur mal so am Rande....

Is ne Nibe nedd auch was ???

912970

Man muss die Erdsondenbohrungen ja auch irgendwo anschließen...

bzw...die machen ja auch andere Wärmepumpen !!!


Gruß Mutzi

[HuskyEnergy]

Antwort auf Beitrag Nr.: 33.780.316 von Mutzinger am 01.04.08 17:57:01

Ich habe Nibe schon im 3. Posting erwähnt.Ich meinte, dass ich die Firma da in irgendeinem Zusammenhang gehört zu haben. Aber nicht weitergefoscht.

Was machen die denn genau?

[Mutzinger]

Antwort auf Beitrag Nr.: 33.781.147 von HuskyEnergy am 01.04.08 19:03:19

http://www.nibe.de/Villaprodukter/

[Popeye82]

www.poweralternatives.com

[HuskyEnergy]

Torrens Energy heute 30% im plus. Habe das hier gefunden:


Torrens Energy is pleased to report exploration work is progressing well, with field measurements from the Parachilna Prospect continuing and modelling of recent heat-flow results underway.

Modelling thus far has shown that the target heat exchanger reservoir is likely to be in similar rocks to those being exploited in the Cooper Basin, and a favourable stress regime for heat exchanger development has been shown to occur nearby at Olympic Dam.

Planning for the 2008/2009 exploration programme is underway and Torrens Energy has secured the services of an experienced Exploration Manager to oversee drilling and exploration activities.

Torrens Energy has commenced the development of its 3D Temperature Field Model (3D-TFM) at its wholly owned Parachilna Prospect in the Company’s recently drilled Torrens Project Area north of Port Augusta, South Australia (ASX Announcement 25 February 2008).

The development of the 3D-TFM Project is supported by a $3m Grant under the Australian Government’s Renewable Energy Development Initiative
(REDI).

Torrens Energy has signed an agreement with the University of Adelaide to complete the 3D geological model required, and with Hot Dry Rocks Pty Ltd to complete the final 3D temperature modelling. The construction of the 3D-TFM for the Parachilna Prospect is expected to be completed by Q3 2008.

The results of temperature modelling completed in February 2008, at the newly drilled Parachilna Prospect, show that temperatures of over 200°C are achievable at approximately 4000m depth.

These resultsare higher than temperatures currently being exploited for “hot rock” geothermal power in Europe, and among the highest being evaluated in Australia.

Temperature results from this drilling campaign are still being returned. Parachilna Prospect - Geologically Favourable Heat Exchanger

Preliminary geological modelling has shown that the target heat exchanger reservoir at Parachilna, expected at approximately 4000m depth, corresponds to predicted “basement” geology.

This geological setting is analogous to the Cooper Basin, which is in the process of being successfully engineered to support a large heat exchanger.

Furthermore, recent technical work completed by Green Rock Energy at their nearby Olympic Dam Project shows that a highly favourable stress regime exists, enabling probable effective fracturing of the target geothermal reservoir.

It is considered highly likely that these favourable geological conditions, successfully being tested in the Cooper Basin, will extend to the Parachilna Prospect.

- 21 Apr 2008


-------------------------------------------------
Grüße und @Mutzinger Nibe ist jetzt auch auf der WS

[Popeye82]

hab ich nur eben zufällig gesehen,
Audio, 24.04.08,
"Petratherm - Pre-Feasibility to Provide Energy
to Parts of Spain"

www.brr.com.au

[Popeye82]

Western GeoPower-Interview - 09.05.07
www.financial.de/unternehmen/management-interview/2008/05/09…

(haben wohl zuletzt eine Entdeckung gemacht,
die deutlich über den Erwartungen lag,
hatte das auch über was anderes am Rande mitbekommen)


( www.24hgold.com/InfoCompany.aspx?id=1933 )

[HuskyEnergy]

Antwort auf Beitrag Nr.: 34.068.287 von Popeye82 am 09.05.08 20:54:25

Nevada Geothermal gestern mit einem satten Kurssprung. Hier die News dazu.


Jun 04, 2008 18:11 ET
Nevada Geothermal Power Inc. Appoints Ross Glanville to the Board of Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 4, 2008) - Nevada Geothermal Power Inc. (NGP) (TSX VENTURE:NGP)(OTCBB:NGLPF) today announced that Ross Glanville, B.A.Sc., P. Eng., MBA, has been appointed to NGP's Board of Directors. Mr. Glanville has over 35 years experience in mining, exploration, finance, marketing and management, with 20 years experience in senior executive positions within major and junior mining companies.

Mr. Glanville has been director, president, and founder of public companies (listed on the Toronto Stock Exchange, NASDAQ, Australian Stock Exchange, and TSX Venture Exchange) involved in mine operations, research and development, and exploration for a wide variety of mineral commodities. Mr. Glanville has prepared feasibility studies and valued more than 500 mining companies and mineral properties at all stages of development, from early exploration through to producing mines.

Mr. Glanville has been granted incentive stock options to purchase 400,000 common shares of the Company at an exercise price of $1.12 per share for a term of five years. Common shares which may be acquired upon exercise of the options shall be subject to a hold period which will expire on October 5, 2008.

About Nevada Geothermal Power Inc.:

Nevada Geothermal Power Inc. is a renewable energy company developing geothermal projects in the United States to provide electrical energy that is clean, efficient and sustainable. NGP is committed to the geothermal industry and currently owns a 100% leasehold interest in four properties: Blue Mountain with an expected Phase 1 production start-up at the end of 2009, Pumpernickel, Black Warrior, all of which are ideally situated in Nevada and Crump Geyser in Oregon. These properties are at different levels of exploration and development. NGP estimates a potential of approximately 150 MW to 200 MW from the current lease-holds.

Nevada Geothermal Power Inc.

Brian D. Fairbank, P. Eng., President & CEO

This Press Release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We have tried, whenever possible, to identify these forward-looking statements using words such as "anticipates", "believes", "estimates", "expects", "plans", "intends", "potential", and similar expressions. These statements reflect our current belief and are based upon currently available information. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. We undertake no obligation to update or advise in the event of any change, addition, or alteration to the information catered in this Press Release including such forward-looking statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

[Popeye82]

http://aktiencheck.de/analysen/artikel.m?id=1761750&menue=Ma…

[Popeye82]

fiel mir nur gerade so ins Auge ...


[TEY] Acquisition of Four New Geothermal Exploration Licences.
20-Jun-2008
www.australianinvestor.com.au/news.asp?id=34708

"Torrens Energy has announced the acquisition of additional geothermal exploration license (GEL’s 407-410) north of Port Augusta.

Exploration drilling completed by the company earlier this year found high heat flow, indicating that heat producing basements exists below the anomalous zone open to the north.

The newly offered GEL’s incorporate this corridor of high heat flow with prospective insulating of sedimentary rocks."

[HuskyEnergy]

Hallo Leute,

U.S. Geothermal gestern bzw. heute in Frankfurt mit einem Kurssprung von 12%. Hier die News:


Jun 26, 2008 09:02 ET
U.S. Geothermal Set to Join the Russell 3000 Index

BOISE, IDAHO--(Marketwire - June 26, 2008) - U.S. Geothermal Inc. (TSX:GTH)(AMEX:HTM) ("U.S. Geothermal"), a renewable energy company focused on the production of clean, renewable electricity from geothermal energy, is pleased to announce today that it is set to join the broad-market Russell 3000® Index when Russell Investments reconstitutes its comprehensive set of U.S. and global equity indexes on June 27, according to a preliminary list of additions posted on www.russell.com.

Annual reconstitution of Russell's U.S. indexes captures the 4,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization. Membership in the Russell 3000, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. Russell determines membership for its equity indexes primarily by objective, market-capitalization rankings and style attributes.

"As a clean, green, energy company working toward energy security, it is gratifying to both shareholders and employees that U.S. Geothermal become part of the Russell 3000 Index," said John Walker, Chairman of the Board of U.S. Geothermal. He went on to say, "Geothermal power generation is a proven, sustainable form of energy that has little or no green house gas emissions, and provides power to the grid 24 hours a day. It is the most reliable form of renewable energy."

The Russell 3000 also serves as the U.S. component to the Russell Global Index, which Russell launched last year.

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. An industry-leading $4.4 trillion in assets currently are benchmarked to them. These investment tools originated from Russell's multi-manager investment business in the early 1980s when the company saw the need for a more objective, market-driven set of benchmarks in order to evaluate outside investment managers.

Real-time market analysis on the Russell 3000 and other Russell Indexes is available at http://www.russell.com/Indexes/performance/real_time_market_…

[Popeye82]

gerade gesehen:

-Icon Energy

Haben gerade 2 Lizenzen beantragt, die aber noch abgesegnet werden müssen(was dauern kann -da stand was von bis zu 12Monaten?),
in der Hauptsache aber Öl &Gas.

[Popeye82]

grad noch ein paar Seiten gesehen ...

www.alternative-energy-news.info
- Alternative energy news and information resources about renewable energy technologies -
(scheint mir auf den ersten Blick sehr umfangreich)

www.renewableenergyworld.com
www.greenpowerinvestor.com
www.iipower.com
www.geo-energy.org
- Geothermal Energy Association -
www.altenergystocks.com
(schöne, lange (Unternehmens))Auflistung ("Clean Tech Stocks") ...
www.altenergystocks.com/stocks.html )
www.nevadarenewables.org

bin mir nicht ganz sicher, wenn noch nicht genannt, "Finavera Renewables" gäbe es auch noch, dazu hier auch ein Artikel ...
www.renewableenergyworld.com/rea/news/story?id=53053

[HuskyEnergy]

Antwort auf Beitrag Nr.: 34.516.045 von Popeye82 am 15.07.08 22:54:54

Interessant ,danke!

Vor allem die Aufzählung von Cleantech-Unternehmen.

[Popeye82]

dürfte (vermute ich) kaum nennenswert sein, stells trotzdem mal ein ...

Christopher James Gold Corp Enters into Letter of Intent to Acquire a High Temperature Geothermal Project and two Gold-Copper Exploration Projects in BC - July 16, 2008
www.24hgold.com/viewcompanyarticle.aspx?langue=en&articleid=…

[Popeye82]

Petratherm-Artikel, "Beach Petroleum" wäre dann theoretisch vielleicht auch noch was ...

Petratherm Benefits As Sentiment Towards Geothermal Power Improves - Poweralternatives - June 26, 2008
- Rue Swabey -
www.poweralternatives.com/nc/power_stories/display_news/arti…

"Last December, shortly after being sworn in, Kevin Rudd, Australia’s new Prime Minister signed the Kyoto Protocol. This must have been music to the ears of Australian renewable energy companies which had up to that point struggled with an unfavourable regulatory framework. The Rudd administration soon set a target for 20 per cent of energy generation to come from renewable sources by 2020. And public money is being made available for geothermal exploration, in recognition of the country’s potential to develop its large geothermal resources. Today there are 33 companies trying to harness heat from under the ground and convert it into electricity, ten of which are listed on the Australian Stock Exchange. Two companies, Geodynamics and PetraTherm, have made sufficient enough progress to attract strategic joint venture partners.

Last year PetraTherm, which has a portfolio of 11 geothermal projects, agreed a joint venture with Beach Petroleum that will underpin the commercial development of the PetraTherm’s Paralana hot rock energy project. Paralana, in South Australia, has the highest heat flow that’s been measured on mainland Australia, and is expected to reach 200 degrees centigrade at a relatively shallow depth of 3,600 meters.

The next step for the Paralana project is the drilling of two four kilometre wells at an estimated cost of A$20 million. Beach Petroleum will earn a 21 per cent interest in the Paralana project by contributing A$10 million to the drilling costs. Management is in the process of securing a rig to drill and expects to start work before year end. If the heat exchange is successful, Beach could increase its interest to up to 36 per cent on the payment of A$20 million to be put towards the cost of building an initial surface-based electricity generation plant which would have a capacity of either 4MW or 7.5MW.

PetraTherm has signed a memorandum of understanding with a potential customer, Heathgate Resources, which is the operator of the Beverley uranium mine 11 kilometres away. The ultimate goal is to scale up the plant to between 260MW and 520MW and feed into the national grid once the issue of transmission is resolved.

In contrast to Geodynamics, which is focusing on the Cooper Basin in southern Australia, PetraTherm is prospecting at home and abroad. The company is a first mover in Spain where it has seven projects. The majority are in the urban districts of Madrid and Barcelona but there are also two in the Canary Islands. In May, PetraTherm released a pre-feasibility assessment for the Madrid site. The findings are encouraging and indicate that construction could begin in 2009 with energy production and revenue generation slated for 2010. This assessment has attracted the attention of several potential joint venture partners and management is currently in discussions with them.

The company is assessing geothermal sites in China too, and in mid-June the company announced that the Australian government had approved A$75,0000 in grant funds to assist a PetraTherm-led assessment of China’s engineered geothermal potential. PetraTherm is working with four Chinese government institutions on the study which is well advanced. It’s also holding discussions with potential joint venture partners in Hong Kong.

PetraTherm has A$5.4 million in the bank and a Commonwealth Renewable Energy Development Initiative grant of A$5 million for the Paralana project, in addition to the commitments from Beach Petroleum. The company will need to go to the market to raise funds to develop the projects in Spain and China, but also hopes to sign up more joint venture partners. Indeed bringing in partners with the “skills, risk appetite, and funding ability to further develop projects through to production” is integral to the company’s business model. Managing director Terry Kallis points to the success of competitor Geodynamics in raising equity from pension fund Sunsuper. It seems that geothermal power is on the way to making the transition from speculative to mainstream investment. "

[Popeye82]

Antwort auf Beitrag Nr.: 34.631.376 von Popeye82 am 01.08.08 14:19:10

auf der Seite sind auch ein paar ganz gute Zusammenfassungen/Übersichten zu einigen Geothermieunternehmen, hier bspw. Petratherm ...

Petratherm - Profile
www.poweralternatives.com/power_companies/details/company/pe…

&hier Auflistung aller Unternehmen(wovon nur einige, wenige mit Geothermie zu tun haben) ...
www.poweralternatives.com/power_companies.html

[Popeye82]

-Metallum Resources plc

voraussichtliches Listening in Q3 '08

www.metallumresources.co.uk/Market_Briefing.html
Presentation PDAC Mar-08
www.metallumresources.co.uk/Market_Briefing/Canadian%20Slide…
Investor Letter
www.metallumresources.co.uk/Market_Briefing/Investor%20Lette…
Fact Sheet
www.metallumresources.co.uk/Market_Briefing/Metallum%20Fact%…

[Popeye82]

-Southern Gold Limited

[SAU] Four New Geothermal Licences in South Australia - Australianinvestor - 11-Aug-2008

"Southern Gold Limited has, through subsidiary Inferus Resources Pty Ltd, been formally granted four geothermal energy tenements in South Australia.

The acreage totals more than 1 990 square kilometres of highly prospective ground to the west of Lake Torrens.

The licences run for a period of five years with the company proposing an exploration budget of $4.4 million for each tenement over this period to model temperatures to prove up an economic resource."

[Popeye82]

[KEN] Positive Heat Flow Results - Australianinvestor - 13-Aug-2008
www.australianinvestor.com.au/news.asp?id=35385

KUTh Energy Limited has received further equilibrated heat flow results from its Tasmanian geothermal tenement and that they continue to affirm a strong heat flow anomaly in eastern Tasmania.

The company has reported that the results continue to affirm the presence of a significant heat flow anomaly comparable to that published from the Cooper Basin. "

[Popeye82]

hier werden regelmässig eine ganze Menge "Green Investments" besprochen, zuletzt mindestens 2 Geothermieunternehmen dabei ...

Eco Investor - June 2008 Edition
www.ecoinvestor.com.au/Editions/Eco_Investor_June_2008.pdf

[lieberlong]

Google pumpt zehn Mio. Dollar in Erdwärme
Internetkonzern will am Strommarkt mitmischen


Mountain View (pte/20.08.2008/13:55) - Der Internet-Gigant Google plant, mehr als zehn Mio. Dollar in Unternehmen zu investieren, die sich der Energiegewinnung aus Erdwärme verschrieben haben. Einem Handelsblatt-Bericht zufolge will das Unternehmen dazu beitragen, Strom aus erneuerbaren Energiequellen günstiger zu machen als aus fossilen Brennstoffen gewonnene Energie. Fraglich bleibt, ob eine Investitionssumme von zehn Mio. Dollar dazu ausreichen wird, dieses ehrgeizige Ziel zu erreichen.

Google unterstützt mit den zwei US-Unternehmen AltaRock Energy und Potter Drilling nun auch Energie-Betriebe abseits der Solar- und Windkrafttechnik. Neben den beiden Firmen, denen 6,25 Mio. bzw. rund vier Mio. Dollar zukommen sollen, erhält das Southern Methodist University's Geothermal Lab als Einrichtung zur Grundlagenforschung ebenfalls rund 490.000 Dollar über Google.org. Die geförderten Unternehmen versuchen eine Technologie umzusetzen, anhand derer sich Wärme in besonders großer Tiefe zur Energiegewinnung nutzbar machen lässt. Dadurch könne Strom günstiger gewonnen und angeboten werden.

Die gemeinnützige Stiftung Google.org wurde 2005 mit einem Kapital von 90 Mio. Dollar gegründet. Seither wurde eine Reihe von Initiativen gestartet, die der Umwelt zugute kommen sollen. Dazu zählt die gezielte Förderung regenerativer Energien. Entsprechend hat Google.org bereits je zehn Mio. Dollar sowohl in Solar-Unternehmen als auch einen Hersteller von Windkraftanlagen investiert. Damit soll das im November 2007 gesetzte Ziel, Strom aus erneuerbaren Energien günstiger zu machen als Strom aus Kohle, erreicht werden. (Ende)


Aussender: pressetext.deutschland

[Popeye82]

Torrens Energy - 780,000 PJ Inferred Resource Parachilna Project, South Australia - 20 August, 2008

HIGHLIGHTS
•Geothermal Resource of 780,000 PJ established at Parachilna Project
•World’s first compliant ‘hot rock’ estimate, based on the new Code for Reporting (!)
•Located 150 km north of Port Augusta, and intersected by the Power Grid
•Substantial commercial advantage over projects unsupported by infrastructure
•1200 km2 area identified, heat anomaly open to north and south
•Potential for Parachilna to be developed into a substantial geothermal field ...
www.24hgold.com/viewcompanyarticle.aspx?langue=en&articleid=…

[Popeye82]

Nevada Geothermal Power completes US$180 Million Project Financing for Blue Mountain Geothermal Power Plant - September 4, 2008
www.24hgold.com/viewcompanyarticle.aspx?langue=en&articleid=…

[Popeye82]

[HRL] Major Geothermal Opportunity in Germany - Australianinvestor - 8-Sep-2008
www.australianinvestor.com.au/news.asp?id=35705

"Hot Rock Limited has entered into an exclusive option to acquire Bernied Erdwarne AG, a privately owned geothermal company in Germany.

Bernried holds the right to develop the Bermried geothermal licence and is in the midst of ten other geothermal generation and district heating projects which are either completed or in the drilling phase.

Subject to the completion of the current due diligence phase, the company plans to develop a geothermal combined heat and power plant at Bernried."
www.hotrockltd.com/irm/Content/investor_asx.html

[Popeye82]

[PAX] Acquisition and Equity Raising - Australianinvestor - 9-Sep-2008
www.australianinvestor.com.au/news.asp?id=35722

"Panax Geothermal Ltd has reached an agreement to acquire 100 per cent of Osiris Energy Limited.

Panax has additionally advanced plans to raise up to $30 million in new equity.

Panax will acquire Osiris by means of an all scrip offer to shareholders valuing the company at $14.8 million."
http://clients.weblink.com.au/clients/panaxgeothermal/articl…
http://clients.weblink.com.au/clients/panaxgeothermal/articl…

[Popeye82]

Um mal zu einer der Ausgangsfragen zurückzukommen("Frick-Style/Niveau"), denke die Ansammlung der Nachrichten sollte da doch eine deutlich andere Sprache sprechen.

[Popeye82]

[PTR] Geo-Madrid District Heating Project - Cost Savings - Australianinvestor - 9-Sep-2008
www.australianinvestor.com.au/news.asp?id=35733

"Petratherm has announced very positive results and major costs savings from the recent re-entry inspection of the two existing wells at the Geo-Madrid 8 MW district heating project site.

The inspection program has confirmed the structural integrity of one of the wells and its capability to be used as an injector well as part of a new double system resulting in the need to drill only one new well and a 30 per cent saving in total capital costs."
www.petratherm.com.au/asx/downloads/News%20Release%20-%20Geo…
www.petratherm.com.au/asx/downloads/ASX%20Release%20Appointm…
www.petratherm.com.au/asx/index.htm

[Popeye82]

Geothermische Stromproduktion aus Enhanced Geothermal Systems (EGS); Stand der Technik; Markus O. Häring, Nov. 2007
www.geothermal.ch/downloads/egs061207.pdf


Oft gestellte Fragen bezüglich Geothermie

Geothermie -Warum?
33 oft gestellte Fragen zur Erdwärme

-99% unseres Planeten sind heisser als 1000% C-
www.geothermal.ch/downloads/faq.pdf

[Popeye82]

www.ga.gov.au/minerals/research/national/geothermal/index.js…

[Popeye82]

ENERGY - TRUenergy injects $57 million into geothermal project - AsiaMiner - Sep 23, 2008
www.asiaminer.com/magazine/latest/energy-truenergy-injects-5…

"Australian energy supplier TRUenergy has committed Aus$57 million to geothermal energy through a joint venture with Petratherm, a leading developer of geothermal technology in Australia and overseas.

The farm-in arrangement enables TRUenergy to earn up to a 30% stake in Petratherm’s advanced Paralana project in line with the achievement of specific project milestones.

The Paralana project is in the northern Flinders Ranges in South Australia and is currently being developed by Petratherm and its other joint venture partner, Beach Petroleum.

TRUenergy is a wholly owned subsidiary of China-based China Light & Power (CLP) group, one of the largest publicly-listed power businesses in the Asia Pacific region. It is a major natural gas and electricity supplier to SA, Victoria and New South Wales.

Its entry into the geothermal sector adds to the entry into SA's hot rocks sector in recent times of other major energy players AGL and Origin Energy.

Geothermal energy aims to harness the earth’s vast natural heat resources by turning renewable heat energy from ‘hot rocks’ into electricity.

Paralana is one of Australia’s top tier geothermal projects with good prospects of progressing beyond exploration to pilot stage by mid 2010. Its two deep wells to establish the underground ‘heat exchanger’ are on schedule for drilling from late this year.

TRUenergy managing director Richard McIndoe says: “TRUenergy’s structured investment in the Paralana project is in line with our objective to develop a diversified portfolio that encompasses proven and early-stage renewable energy technologies.

“Access to zero and low emission base load generation from alternative energy sources such as geothermal will be key to TRUenergy achieving substantial emissions reductions across its portfolio over the longer term.”

Petratherm managing director Terry Kallis says the addition of TRUenergy to the Paralana joint venture development team is a significant endorsement of the quality and prospects of this project.

“This is particularly so as TRUenergy sought involvement prior to the critical project point, the drilling of the two deep production wells.

“Critically, the expanded Paralana joint venture focuses industry-leading financial, technical, geological, operational and marketing muscle on this project which will support our efforts to potentially achieve pilot status in just over 18 months time.”

The agreement needs Foreign Investment Review Board approval and is conditional on the joint venture securing a suitable drilling rig within three months – negotiations on which are well advanced by the joint venture partners.

www.truenergy.com.au "
www.petratherm.com.au/asx/downloads/ASX%20Release%20-%20Comp…

[Popeye82]

bin gerade noch über einen, etwas älteren, Report zu Geodynamics gestolpert. U.a. die Einleitung hört sich interessant an &verdeutlicht wohl das grundsätzlich immense Potenzial von Geothermie(hier speziell in Australien) ...

Geodynamics Ltd (GDY.ASX) - Foster Stockbroking - 22/04/08

"Geodynamics is one of Australia’s largest emerging renewable energy producers developing emission-free, base-load electricity from known hot fractured rocks (HFR). The company has HFR in geothermal tenements in NSW, QLD and SA. South Australia’s Cooper Basin has some of the highest geothermal gradients in the world. The thermal resource equivalent at GDY’s tenements in the Cooper Basin is estimated to be 50 billion barrels of oil. To put this into context, Australia’s current total oil reserves are 2.9 billion barrels. ..."


sowie dazu auch noch weitere, und neuere, Reports ...
www.geodynamics.com.au/IRM/content/report_analyst.html

[Popeye82]

Australien sucht nach heißem Gestein - BFAI, SYDNEY - Feb 11, 2008
- Steigendes Investitionsinteresse für geothermische Kraftwerke -
www.bfai.de/ext/Export-Einzelsicht/DE/Content/__SharedDocs/L…

"Sydney (bfai) - Australien verfügt weltweit über einige der heißesten Tiefengesteine. Eine Studie geht davon aus, dass bis 2030 etwa 10% des Stromverbrauchs des Landes zu wettbewerbsfähigen Preisen aus geothermalen Reserven gedeckt werden können. Die Explorationstätigkeit nach heißen Gesteinsschichten hat seit 2005 stark zugenommen. Sie erstreckt sich vorerst auf die Bundesstaaten South Australia (SA), Queensland (QL) und Tasmanien (TAS). Auch ausländische Firmen sind eingeladen, sich an der Suche zu beteiligen (Kontaktanschriften).

Mit der Stromgewinnung aus geothermischen Kraftwerken hat Australien bisher noch keine Erfahrungen. Das Interesse daran hat jedoch im Rahmen der Diskussion um den Klimawandel und um Kohlendioxyd-Reduktionen stark zugenommen. Das Land bezieht seine Elektrizität vorwiegend aus Kohlekraftwerken, die für rd. 48% des Kohlendioxydausstoßes verantwortlich sind. Mitte 2008 will die
australische Regierung ihre Pläne zur Minderung von CO2-Emissionen bis 2020 vorlegen. Spätestens dann sollen 20% der Stromerzeugung aus regenerativen Quellen stammen.

Bei dieser Art der Elektrizitätsgewinnung gab es bisher aus unterschiedlichen Gründen nur wenig Fortschritte. Dies wird sich aber in den kommenden Jahren zügig ändern. Eine größer werdende
Aufmerksamkeit fällt auf die Geothermie. Diese hat im Nachbarland Neuseeland bereits einen Anteil von über 6% bei der Stromerzeugung. Allerding sind die geologischen Voraussetzungen dort auch ungleich besser.

Eine Studie des Centre for International Economics geht davon aus, dass im Cooper Basin (SA) günstige Gegebenheiten für geothermische Anlagen vorhanden sind. Bei vollständiger Ausnutzung der dort
vorhandenen "Hot Fractured Rocks", könnte die australische Elektrizitätsnachfrage - auf Basis des gegenwärtigen Konsumniveaus - für 450 Jahre gesichert sein. Anfang 2008 beschäftigten sich landesweit sieben Firmen mit entsprechen Erschließungsarbeiten. Weitere 19 Unternehmen bewerben sich um
Suchlizenzen. Experten nehmen an, dass sich das gesamte vorgesehene Investitionsniveau Ende 2007 zwischen 650 und 700 Mio. Australischen Dollar ($A; zwischen 380 und 415 Mio. Euro; 1 Euro = 1,69 $A) bewegte.

Am weitesten fortgeschritten sind die Arbeiten der Firma Geodynamics, die Pläne zur Errichtung eines 40-MW-Kraftwerks verfolgt. An dem Unternehmen sind zwei große australische Energiegesellschaften - Origin Energy und Woodside - beteiligt. Geodynamics bringt die sog. "hot dry-rock technology" zum Einsatz,
bei der Tiefenwärme aus heißen, trockenen Gesteinen durch zwei Bohrungen (Produktions- und Injektionsbohrung) und eingepresstem Wasser gewonnen wird. Durch die Produktionsbohrung tritt heißer
Wasserdampf empor, mit dessen Hilfe dann Turbinen betrieben werden können. Die Firma rechnet mit einer Wasserdampftemperatur von über 200 Grad.

Das Verfahren sieht relativ einfach aus. Um an die Tiefenwärme heranzukommen, sind im Cooper Basin jedoch Bohrungen bis in 5.000 m Tiefe nötig. Fachleute schätzen die Investitionskosten allein für eine Produktionsbohrung auf 10 Mio. $A. Die Kraftwerkskosten mit Wärmeaustauscher, Turbine, Generator, und Kondensator lassen sich nur schwer schätzen, da die Anlagen oft in menschenleeren Gebieten ohne verkehrstechnische Infrastruktur errichtet werden müssen. Fraglich ist auch die Wasserversorgung für geothermische Vorhaben in der genannten Region. Oberflächenwasser ist dort nicht vorhanden. Wasser müsste aus unterirdischen, fossilen Wasserschichten entnommen werden, die auch die Bergbauindustrie in
SA kräftig nutzt.

Von den Schwierigkeiten lassen sich die Geothermie-Befürworter, zu denen unter anderem auch die Australian Geothermal Energy Group (AGEG) zählt, wenig beeindrucken. Sie rechnet damit, dass bis 2010
etwa zehn erfolgreiche Forschungsbohrungen erfolgt sein werden, die das vorgesehene Technologiekonzept bestätigen. Für 2010 ist bereits die Errichtung von mindestens drei Demonstrationsprojekten vorgesehen. Geodynamics glaubt, 2012 seine 40-MW-Anlage präsentieren zu können. Danach besteht die Vermutung, dass bis 2016 kommerziell betriebene Geothermiekraftwerke mit einer Leistungsfähigkeit von 420 MW zur Verfügung stehen. Bis 2030 soll dann eine Gesamtkapazität von 4.500 MW vorhanden sein.

Die australische Regierung hat bisher geothermische Energievorhaben nur spärlich unterstützt. Dies kann sich aber schnell ändern, da die seit Ende November im Amt befindliche neue Regierung unter Führung von Kevin Rudd sich resolut der Erschließung regenerativer Energiequellen zuwenden will. Aus den Vorhaben ergeben sich Liefermöglichkeiten für Pumpen, mess- und regeltechnische Instrumente sowie für Bohrausrüstungen.

Kontaktanschriften:
Australian Geothermal Energy Group (AGEG)
Primary Industries & Resources South Australia (PIRSA)
Level 6, 101 Grenfell Street Adelaide SA 5000
GPO Box 1671 Adelaide SA 5001, Australien
Tel.: [phone]
Internet: www.pir.sa.gov.au

Centre for International Economics
Ian Potter House, Cnr Marcus Clarke Street & Edingurgh Avenue
Canberra, ACT 2601
Tel.: [phone]; Fax: -88
Internet: www.TheCIE.com.au
(F.R.) "

[Popeye82]

www.pir.sa.gov.au/geothermal
www.pir.sa.gov.au/__data/assets/pdf_file/0003/81327/geotherm…

[Popeye82]

Geothermie: ‚Das Geschäft brummt’ - klimAktiv - 25.09.2008

- Anlässlich der Einladung zum Geothermie-Kongress im November in Karlsruhe gibt der Bundesverband Geothermie einen Überblick über die aktuelle Situation. -
www.klimaktiv.de/article159_6820.html

" "Die Geothermie ist auch in Deutschland auf dem besten Weg zu einem der wichtigsten Erneuerbaren Energieträger zu werden", stellt Simone Probst, Präsidentin des Bundesverbandes Geothermie () fest. "Erdwärme ist überall in der Erdkruste vorhanden und ständig und zuverlässig verfügbar. Mit ihren Möglichkeiten für die Strom-, Wärme- und Klimakälteversorgung ist sie eine Energiequelle mit vielen Talenten."

Die steigenden Preise für Erdöl und Erdgas, die knapper werdenden Ressourcen und die Notwendigkeit, den Klimawandel zukunftsverträglich zu beeinflussen, trieben weltweit die Nutzung der Geothermie voran, so Probst. Auf Grund der derzeit in der Umsetzung befindlichen Vorhaben wäre davon auszugehen, dass bis 2010 bis zu 13.500 MW Leistung in geothermischen Kraftwerken installiert sein könnten. Die überwiegende Anzahl der Projekte werde derzeit noch in Regionen mit leicht erschließbaren Ressourcen umgesetzt.

"Diese betreffen aber nur 5% der Erdoberfläche. Für weitere 60 haben wir die Konzepte entwickelt." Die deutsche Branche verfüge hier über ein einmaliges Know-how. "Heißen Dampf wie in vulkanischen Gebieten finden wir bei uns nicht. Wir mussten unsere eigenen Wege gehen, um an die Energiequelle Erde heranzukommen. Und das haben wir konsequent und erfolgreich getan." "Das Geschäft brummt", bestätigte der Karlsruher Horst Kreuter, Leiter der Sektion Tiefe Geothermie im Bundesverband.

"Noch nie gab es so viele große Projekte, an denen gleichzeitig gearbeitet wurde. Vor allem in Südbayern und am Oberrhein drehen sich die Bohrmeißel. In den kommenden zwei Jahren werden etwa zehn größere Anlagen, Kraftwerke und Fernwärmeversorgungen ihren Betrieb aufnehmen oder unmittelbar vor der Fertigstellung stehen. Derzeit befinden sich bundesweit zwei Kraftwerke und rund 30 Nah- und Fernwärmeversorgungen in Betrieb. Ab 2009 greifen dann auch noch die neuen Regelungen des Erneuerbare Energien Gesetzes (EEG)."

Danach werde die Grundvergütung von 15 auf 20 Cent für alle Anlagen angehoben, die bis 2015 ans Netz gebracht werden könnten. Wer zusätzlich Voraussetzungen schaffe, auch die Abwärme der Kraftwerke zu nutzen, könne 3 Cent extra in Anspruch nehmen. "Enorm wichtig für uns war aber auch die Schaffung des sogenannten Petrogeothermiebonus. Seine 4 Cent ermöglichen zum Beispiel Hot-Dry-Rock-Kraftwerken den Markteintritt. Damit macht sich die Geothermie in der Stromerzeugung unabhängig von Thermalwasserstandorten." Gleichzeitig verwies er darauf, dass das weltweit erste HDR-Kraftwerk gerade bei den französischen Nachbarn in Soultz-sous-Forêts in Betrieb gegangen sei.

"An dem europäischen Gemeinschaftsprojekt sind unsere Forscher und Entwickler kräftig beteiligt." "Auf dem Heizungsmarkt zeichnen sich interessante Veränderungen ab", kommentierte Ralf Schramedei, Leiter der Sektion Oberflächennahe Geothermie, die Lage. "Noch vor wenigen Jahren spielten Erdwärmeanlagen hier eher eine Statistenrolle. Diese Situation haben wir längst hinter uns gelassen. 2006 ist der Absatz unserer Anlagen mit einem Zuwachs von 115% regelrecht explodiert.

Rund 29.000 Systeme konnten vor allem in Neubauten installiert werden." Damals war die Branche an ihre Grenzen gestoßen. Inzwischen habe man kräftig ausgebaut, von den Fertigungskapazitäten für Wärmepumpen über die Zahl der Bohrgeräte bis hin zu den Mitarbeitern. "Nach einer Stagnation in 2007, allerdings auf hohem Niveau, ziehen in diesem Jahr die Absatzzahlen trotz schwächelnder Baukonjunktur wieder enorm an. 2008 könnten wir nahe an die 40.000 kommen."

Es habe sich herumgesprochen, dass mit den Erdwärmeanlagen und in Verbindung mit Wärmepumpen eine zuverlässige, preiswerte, preisstabile und komfortable Quelle zur Verfügung stehe. Stark im Kommen sind auch Anlagen, die den Untergrund zur Bereitstellung von Klimakälte einsetzen und damit eine konkurrenzlos preiswerte Energieressource nutzen. Im Neubaubereich seien inzwischen zweistellige Marktanteile absehbar. "Als nächstes konzentrieren wir uns auf den wichtigsten Sektor, der Sanierung im Gebäudebestand." "

[HuskyEnergy]

Danke für das Reinstellen der vielen News!

Ich lese sie gerne, komme aber zur Zeit zu nicht alt so viel weil ich beruflich viel zu tun habe.

Aber mal ein kurzes Update bezüglich der Watchlist:
Es befinden sich mittlerweile nahezu alle Aktien im Minus. (Was bei dem Marktumfeld nichts Schlimmes ist)
Einziger Wert im Plus ist Daldrup mit immerhin noch 20%.
Wenig verloren haben Nibe, Panax Geothermal und der Branchenführer Ormat (alle zw. 10-15% minus)
Ganz unten stehen WGP, Sierra Geothermal und Geothermal Res.

Naja schauen wir in 10Jahren nochmals hin,dann sehen wir ganz andere Kurse

[Popeye82]

Geothermal Energy Growth Continues, Industry Survey Reports GEA - Aug 7, 2008
http://geo-energy.org//publications/pressReleases/Geothermal…

[Popeye82]

Antwort auf Beitrag Nr.: 35.466.195 von Popeye82 am 07.10.08 23:13:48

http://climateprogress.org/2008/09/27/us-geothermal-is-hot/
www.cangea.ca/news/archive/us_geothermal_energy_association_…
http://uk.reuters.com/article/oilRpt/idUKN0643198620070906?p…
http://geothermal.id.doe.gov/publications/future_of_geotherm…

[Popeye82]

http://apps1.eere.energy.gov/news/news_detail.cfm/news_id=12…

[Popeye82]

www.worldofrenewables.com

[Popeye82]

Hört sich interessant an:

[SAU] Applications lodged for 18 new Geothermal Licences, SA - Australianinvestor - 21-Oct-2008
www.australianinvestor.com.au/news.asp?id=36236

"Southern Gold Limited through its subsidiary, Inferus Resources Pty Ltd, has lodged applications for 18 Geothermal Exploration Licences (GEL) in South Australia.

The tenement areas, subject to new applications, cover more than 8 100 square kilometres of highly prospective ground to the west of Lake Torrens.

The company is also considering opportunities for partnership with an energy focused business to advance development of the Torrens Geothermal Project. "
www.southerngold.com.au/pdf/announcements/20081021%20Geother…
www.southerngold.com.au/pdf/announcements/200808%20SAU%20Geo…

[Popeye82]

[PAX] Quarterly Activities Report - Australianinvestor - 31-Oct-2008
www.australianinvestor.com.au/news.asp?id=36378

"Panax Geothermal’s focus within the quarter was the negotiation and finalisation of the acquisition of Osiris Energy Limited, with benefits including a superior data base which virtually eliminates exploration risk at the Limestone geothermal project.

Panax can now confidently plan the commencement of drilling a production well rather than an appraisal well.

Following approval by shareholders at the EGM the focus of the Limestone Geothermal project will shift from exploration to development."
http://clients.weblink.com.au/clients/panaxgeothermal/articl…

[Popeye82]

Polaris Geothermal wird seit einiger Zeit vom Energy-Report gecovert:
www.theenergyreport.com/pub/co/485?utm_source=streamsend&utm…

[Popeye82]

Going Underground for Hot Buys - The Energy Report - 11/20/08

- John McIlveen, a veteran securities analyst specializing in renewable power, turns The Energy Report on to a hot but hardly new source of energy in this exclusive interview. Geothermal power runs 24/7, is clean, cost-competitive and ready now. McIlveen, who recently joined Jacob & Company, an independent investment bank providing financial services to the renewable power sector, shares the names of some small geothermal companies with big multiples in their future.
www.theenergyreport.com/pub/na_u/599?utm_source=streamsend&u…

"The Energy Report: Let’s start with your outlook for geothermal. Where is it going?

John McIlveen: For starters, geothermal is the only renewable power that is base load, so it can run 24/7. Wind is only available 30% of the time and solar, 12%. Geothermal is 98% available. If you’re trying to retire coal, gas and nuclear plants, you’d have to triple, quadruple build to replace them with wind. You’d probably need a gas backup in case the wind’s not blowing. Geothermal is actually more available than coal and gas, which are typically around 80%. So that’s the first point.

Second, like any renewable, geothermal doesn’t have a fuel cost. So if you manage the amount of flow you take from the earth with the amount you pump back into the earth, you can essentially create a closed loop sustainable resource. The fact that it requires no fuel means there’s no risk exposure to the price of oil, the price of gas, etc. And, it’s ready now.

TER: The higher the price of oil, the more attractive the alternatives become. But you’re saying that’s not the case here.

JM: Utilities treat the price of power as a “levelized” cost. This compares all costs—capital and operating—divided by the number of megawatt hours generated over the life of the plant. For example, they’d use 30 years for geothermal; 25 years for a coal plant, and compare costs on that basis. Geothermal is as competitive as coal; it’s clean and available 24/7.

TER: It’s cost competitive so it doesn’t matter what the price of oil is.

JM: That’s right. It obviously doesn’t move with oil, but when oil is up at these levels and higher, then it sure looks good. However, it’s cost competitive with coal now.

TER: Because coal is the cheapest source compared to oil or natural gas?

JM: Absolutely.

TER: It just has that nasty environmental problem.

JM: Geothermal has a much smaller footprint than other alternative energies. Because geothermal sites are often remote, NIMBY is not an issue. Geothermal exists where tectonic plates intersect in zones of high seismic activity.

TER: So typically you don’t get the NGOs protesting?

JM: You can usually tuck geothermal sites behind a mountain. Last week I toured Nevada and we drove for four hours down a dirt road. We never saw a single car during the entire trip and only two ranch houses but there were three geothermal plants.

TER: Describe the typical geothermal plant.

JM: It’s closer to the ground than a gas or a nuclear facility. Anything that’s burning something—gas, coal, and nuclear all boil water—requires a large boiler and a tall smoke stack. Geothermal doesn’t burn anything. The plants are only about three-stories high, so they’re unobtrusive. Their gathering systems—the pipes that connect the main plant to the different wells—are generally located about half a kilometer apart, so they don’t limit the use of the land. You could still farm it, feed cattle on it or even build solar power plants on it.

TER: I live near the geysers in California. There is concern that pumping water from those areas could cause earthquakes. Are earthquakes more likely in a geothermal area?

JM: By definition, you find geothermal activity in earthquake-prone areas.

TER: I see.

JM: They’ve been trucking in treated wastewater to replenish the reservoirs in California’s geyser zones, which they hadn’t done for years. All of the geothermal plants operating throughout Nevada and Utah re-inject water. There’s 9,000 megawatts worldwide of this, but I haven’t heard that this is a problem. But geothermal plants are located in earthquake-prone areas. There was a situation in Switzerland where they were experimenting with one of these Enhanced Geothermal Systems (EGS). What that means is, although there’s lots of hot rock down a couple of kilometers, there’s no natural water reservoir. So, in order to create electricity, you’re going to have to bring in water from an outside source, put it down the well, let it heat, and then bring it back up. That process triggered a series of small tremors strong enough to break a few windows. In this instance, they added water where there wasn’t any in the first place. Australia is at the forefront of the geothermal arena. They’re doing some pretty large-scale pilot projects there and I haven’t heard of this being a problem.

TER: Are costs still coming down?

JM: Geothermal has been around for 100 years but new developments continue to make it more efficient and bring costs down. For example, advances in oil and gas drilling techniques are fully transferable to geothermal. There are a number of new technologies being tested that operate at much lower temperatures. That means shallower wells could be drilled maybe a half a kilometer instead of three kilometers. There is also the possibility of tapping areas that lack the hot temperatures you really need, but are still warm enough to generate power.

TER: Obviously there’s a renewed interest in geothermal. I’ve got the book: The Geysers Album: Five Eras of Geothermal History. This shows geothermal being used in California as far back as the 1870s. It’s been around a long time. What’s prompting this renaissance?

JM: In order for any product to have that hockey stick curve to it, it’s got to be better and cheaper. It’s clearly better if it has zero fuel costs, no commodity risk, and is a closed loop, non-depleting resource. But now it’s also cheaper and cost competitive with coal. With all of those advantages, the product’s got to take off.

TER: What about some companies that you’re currently recommending or looking at in that space?

JM: We’ve got five junior geothermals on the Toronto or the Toronto Venture Exchange. Then there are two on the NYSE—Ormat Technologies Inc. (NYSE: OMA)
and Raser Technologies, Inc. (NYSE:RZ). Raser has an electric motor business as well.

TER: So it’s not a pure play.

JM: That’s right. Since Ormat is the granddaddy, let’s look at that first. Obviously, it’s been cut way down and is 50% off its annual high. The junior geos are all about 20% to 35% of their annual highs. They fell to a quarter and the big daddy fell by a half. In a normal market, Ormat was trading roughly 20 to 25 times trailing enterprise value to EBITDA.

To put that into perspective, the big $20 billion utilities usually trade around 9 times enterprise value to EBIDA. This is because the big utilities have a 1% growth rate and they pay a 4% dividend. On the other hand, Ormat is going to double its megawatts over the next, say, three years of construction, so the difference is really high growth vs. no-growth. That’s why you get the nice big multiple and that’s where all of these little geos are going because every one of them has a pipeline full of projects.

For example, Ormat is generating on 400 megawatts right now. Only two of these are generating, Polaris Geothermal (TSX:GEO) and U.S. Geothermal (AMEX:HTM), at 10 and 17 megawatts, respectively. However, they have the capacity for 500 megawatts and 250 megawatts. The others have pipelines ranging from 200 to 400 megawatts. This gives them a locked-in growth profile for a good ten years after they get going. So this bad market has not hurt the fundamentals.

What’s attractive about these geothermals is their 20-year Power Purchase Agreements (PPA). This is an agreement with the local utility or the grid operator so you know your price and quantity, and you keep it for 20 years. There are no surprises. That means you have a predictable cash flow for 20 years at IRRs in the mid-teens if you’re not counting any subsidies or incentives such as the PTCs. The long-term average of the market is in the 10 to 12% range. So, if you pick the right project, it could be a perfect hedge with a superior return and none of the volatility.

TER: Are Polaris and Geothermal are actually in the business of producing electricity right now?

JM: Yes. Polaris generates 10 megawatts. U.S. Geothermal has about 17 megawatts.

TER: But they are expanding that.

JM: Oh, yes.

TER: By how much?

JM: Right now I would say the Polaris site—the one in Nicaragua—has probably about a 500-megawatt potential. They’ve already drilled production wells equivalent to about 70 megawatts. Now it’s a matter of installation of the pipes and turbines, and attaching them to the wells. In about a year and a half, they’ll be producing 82 megawatts.

TER: What comes next? Would they enter into an agreement with an electric utility, a government, a grid operator?

JM: That’s right. Union Fenosa is the grid operator in Nicaragua and that’s their customer.

TER: Where would you expect to see this stock trade? Do you have a buy recommendation out on Polaris?

JM: I actually haven’t published any formal recommendations since coming to Jacob & Company. But they’re all fabulous buys by virtue of the fact that they’re about a quarter of their annual highs. They’ve all at or below their tangible book value. Some of them, like Sierra, trades at about its cash.

TER: What’s the risk with these companies? That they wouldn’t be able to get an agreement with the utility?

JM: I don’t see that as a risk because everybody needs power. Take Nicaragua. They’re only 50% electrified. All of their electricity comes from foreign oil, diesel and gas, so that’s a huge balance of payments problem for them. In the U.S. most states have renewable portfolio standards (RPS) that vary by state. The average target is to achieve 20% renewable by 2020. There will be continual pressure to add renewables to a utility's portfolio. So I don’t see that as a big risk. The real risk has been prices for cement and steel. The price per megawatt has gone from about $3 million to $4 million over the last three years.

TER: This is the cost to produce?

JM: Cement and steel appear to have peaked and are starting to come down, so maybe we’ll get some breaks on that in the future. That’s the construction risk. The resource risk is the other one. You need good geologists and engineers to figure out the resource itself because you can get a dry well just like in oil and gas. However, getting a dry well isn’t necessarily a useless thing because, you also need injection wells.

TER: Injection wells send your water down to hit this heat and create the steam.

JM: Right. You’ve got water super heated above the boiling point, which is 100° C. A lot of this water is roughly 200° C, so it’s twice the boiling point, but it still exists in a water state because it has no room to expand into steam. Steam requires a lot more space. Once it hits the surface, it turns into steam and that’s what rotates the turbine. So once you’ve done that, you re-condense the steam into water and pour it back down another hole. So getting a dry hole isn’t necessarily a bad thing as long as it’s close enough to the reservoir to be used as a reinjection well.

TER: Got it. So we’re saying $3 to $4 million per megawatt?

JM: Yeah, it’s running about $4 million now. Actually, three years ago it was about $3 million.

TER: It’s a commodity price that can come down. But let’s use $4 million. So going to Polaris saying that they’re going to have 82 megawatts, theoretically that’s going to cost them $328 million?

JM: Yes, roughly. That’d be a little bit on the high end for them because things are cheaper in Nicaragua, especially the labor costs. But that would be an accurate figure for some of the U.S. developments.

TER: I’m trying to understand the financial model. So I’ve got to spend $300 million to build this thing.

JM: Right.

TER: You’re saying that one could expect a 10% to 12% profit on what I’m going to sell this for?

JM: I think you’re looking at about a mid-to-high teens IRR.

TER: Internal rate of return.

JM: If you can get the proper amount of debt leverage you’d get closer to 210%.

TER: Could these become REITs?

JM: These are classic models for a REIT. In fact, if you look at the Canadian Power Trusts, most of them have heavy renewable components.

TER: So have any of these geothermal stocks converted to that status?

JM: No.

TER: Do you think they will?

JM: In Canada, no new company can become a REIT. In fact, all the existing trusts have to convert to corporates in 2011. However, they could become high dividend paying stocks. So rather than being a utility that pays out 4%, you could probably get an 8% or 9% yield out of these things and they’d be very attractive that way.

TER: You think that’s what’s going to happen? For instance, take Polaris, where do they grow, how do they grow?

JM: If you’ve reached the end of your development pipeline, then that’s probably what you do.

TER: So they’ll be taking that money and developing more geothermal megawatts.

JM: Yes.

TER: How do investors look at that then? That’s a growth company?

JM: Oh, yes, absolutely. In fact, the way to really look at these things is as high growth consumer staples that will trade anywhere from 10 to 20 times enterprise value to EBIDA. Take pharmacies for example. If you’re willing to pay 12 times for a pharmacy with an 8% growth rate, which is typical, then why wouldn’t you pay closer to 20 times for one that has a 25% growth rate? After food and shelter, you need power. That’s the problem with these things when they were brand new, power utility analysts ended up covering them. They are not power utilities; they are a high growth consumer staple.

TER: And they’re green.

JM: Yes. "

[Popeye82]

Sierra Geothermal Power – Completes 100% Earn-In at Reese River - Proactive Investors - Nov 17, 2008

- Sam Kiri -
www.proactiveinvestors.com/companies/news/619/sierra-geother…

[Popeye82]

Nevada Geothermal Power Inc. Signs Amended Power Purchase Agreement With NV Energy to Sell All Electricity Generated at the 50 MW Faulkner 1 Geothermal Plant
Monday November 24, 9:15 am ET
www.24hgold.com/news-company-gold-silver-Signs-Amended-Power…

[Popeye82]

The power of geothermal energy - FN Arena - 14/11/2008
www.egoli.com.au/epiServer/Templates/Public/Pages/StoryArtic…

"One minute the price of oil is going to US$200/bbl according to the pundits, the next it is going to US$50/bbl. One minute the Chinese economy is a perpetual motion machine, the next it is as vulnerable as any other. One minute it is imperative that Big Industry pay the cost of reducing carbon emissions, the next it is imperative to provide assistance for Big Industry's mere survival. One minute the alternative energy sector is the investment of the future, the next it is left stranded at the altar. The fight to prevent climate change? It will have to wait. Keeping jobs at General Motors is more important.

Such is a short, sharp synopsis of about six months in the history of the world.

One by one the effects of the global credit crisis have rolled through each asset class, finally hitting commodities as speculative money rushed back into cash. The world is now teetering on the brink of economic recession and forecast demand for commodities has been slashed. The swiftness of the turnaround has been dramatic. Caught in the deluge have been alternative energy companies - themselves previously in somewhat of a speculative bubble. Alternative energy is more expensive than traditional carbon-based energy. The only way alternative energy sources can be developed and improved is through mandated assistance in the form of penalties imposed on greenhouse gas producing Big Industry. This is the basis of a global "cap and trade" carbon market which is the preferred vehicle for indirectly enforced emission reduction.

When climate change was still arguably the world's most pressing problem, augmented by the rapidly rising cost of oil and coal, Big Industry was set for a battle for government concessions on the inevitable move towards carbon trading in developed markets. Behind the scenes, Big Industry has long been in preparation for such an event. At least, the smart companies therein have. General Motors is not included in that group. But now the global economic crisis is the perfect smokescreen inside which to argue the folly of pressing ahead with costly emission reduction targets when mere commercial survival is imperative. Think of the profits. Think of the jobs.

When Kevin Rudd took over power in Australia the first thing he did was ratify the Kyoto Protocol. John Howard never would. The next step in the Labor government's environmental mission was to suggest a starting template for a national carbon trading scheme and put it up for comment, negotiation and tweaking. When the self-interested lobbying began from all sides, no one was surprised. Big Industry wailed in the night, crying poor over lost profits and Australia's inevitable loss of industry - and jobs - to less carbon-stringent markets. You could have bought the script at a second hand bookstore.

Until November the US administration was never going to ratify the Kyoto Protocol either. George Bush was an oil man, and the best the US could come up with were ill-thought out assistance schemes for alternative energy such as the ethanol debacle, and a plan to drill for more oil farther afield so as not to be so reliant on enemies as a source. But both candidates for the new presidency included policies to address climate change in their campaigns, and the most convincing won. Obama and the Democrats will likely attack the problem in a similar vein to the Rudd government. However both administrations have to make a difficult choice between future needs and immediate needs.

Is it really the right time to be imposing a further cost on Big Industry?

The short answer is: Of course - if climate change predictions are correct. And one does not need to drive home the economically destructive capacity of US$200 oil, even if it may now take a long time to reach such a price. The Europeans are already moving towards Phase III of their emission reduction and carbon trading scheme. The Chinese have woken up to the ramifications of environmental destruction for the sake of rapid economic growth. The two biggest barriers to a global carbon trading scheme - Australia and the US - are now on side. We won't get a global carbon trading scheme tomorrow, and the wheels will now turn even slower as industry assistance packages move in alongside industry penalties, but if one needs to reassess the direction of the alternative energy market in light of the global economic crisis one need only look to the recent activities of Big Industry itself: Why are the oil and gas companies of the world still paying stiff premiums to access Australia's coal seam methane reserves?

The world's big oil and gas companies have lived through several economic cycles over decades of existence. Had they implemented knee-jerk responses to every turn in the cycle, every price movement, every period of economic growth and period of economic contraction as if there were no end in sight, they would not be today's big oil and gas companies. British gas giant BG set the Australian gas market on fire earlier this year in bidding for Origin Energy. Months later the gas sector has been extensively re-rated as an investment, the value of liquid natural gas reserves has been identified, and the previously ignored value of coal seam methane as a source of natural gas has been established. The big companies are not investing for 2009 and a time of economic recession and low energy demand. They are investing for a future where oil is scarce, coal is expensive, and global carbon trading ensures that cleaner forms of energy are an essential part of everyday life.

The biggest global polluter is the power industry - the producers of electricity. The cheapest from of electricity available is that produced from burning coal. Unlike oil, coal is unquestionably abundant. The only barrier to massive coal production is the infrastructure required to mine it and transport it across the globe. But coal-burning power stations are on the hit-list as the first to go in a global emission reduction plan. The days of the indiscriminate construction of ever more coal-burning power stations are gone. However the world's demand for power will only increase exponentially as the most populous nations on earth urbanise and industrialise. Economic cycles only serve to ensure that process is not smoothly linear. Despite current economic weakness, the world must still move towards cleaner forms of energy and renewable forms of energy.

When one thinks of "cleaner" energy, one thinks of natural gas over heavy oil, nuclear energy, and "clean coal". The natural gas industry is already ramping up. While the price of uranium today might suggest the nuclear push of two years ago is now dead in the water, that is just a smokescreen created by the bursting of a speculative bubble in uranium trading. Those countries accepting of nuclear power are still pushing slowly ahead. As for "clean coal", to date the concept is still up there with cold fusion. There has been much talk, much government research money invested, but so far no one has been able to turn lead into gold.

One sideline to "clean coal" is coal-to-liquid conversion, and in Australia the flagship of this process - Linc Energy - has seen its share price rocket up from nothing over the last two years. Linc is successfully converting coal to gas underground - thus containing emissions - and then converting that gas to a form of diesel much cleaner than its crude oil-based counterpart. The company has successfully built a prototype plant and the world is watching.

When one thinks of "renewable energy", one immediately thinks solar and wind. These two industries have been the forerunners in a speculative bubble that formed in the alternative energy sector right up until the oil price tipped over and the coal price peaked. While each offer power delivered purely by nature in an unending source, neither can produce necessary "baseload" power - the sort of reliable power source required to continuously power a city. Enough solar panels and wind farms together could produce baseload power, but the cost is prohibitive. It is one thing to decree that no more coal-fired plants can be built. It is another to expect consumers and industry to pay a large premium for clean power.

To solar and wind, one can also add hydro, biofuels, tidal and a myriad of other prospective renewable energy sources. The barrier to the development and efficiency improvement of all sources is simple cost. Such sources cannot compete with coal in a world where emissions are disregarded. The only way they can compete with coal in today's world is with mandated indirect government assistance through schemes such as carbon "cap and trade". The world needs to ease itself away from the profligate consumption of fossil fuels, and while the economic crisis will likely slow the process despite ever more urgent protest from the scientific community, the process itself will continue. The governments of the world know this has to be done. And Big Industry is already moving in that direction, working towards a future beyond simple economic cycles.

Thus despite stock market fluctuations, alternative and renewable energy industries are not dead. However, more than ever potential alternatives must offer the sort of commercial efficiencies required in the drawn-out process of supplementing existing baseload power. Most renewable energy sources come with drawbacks - the sun doesn't always shine, the wind doesn't always blow, it doesn't always rain and as for biofuels - we have now experienced the folly of taking food from the mouths of babes.

There is one renewable source which is nevertheless more reliable than others. It is geothermal energy. While the sun may not always shine it will always rise again tomorrow. Just as reliable is the fact that deep beneath the earth's surface lies the greatest perpetual (at least for a few billion years yet) energy source of all - the planet's own furnace. And as the citizens of Pompeii once found out to their detriment, in parts of the world the earth's furnace reaches very close to the surface.

The principal of geothermal energy is simple. Water pumped below the earth's surface and back again will return hot - very hot. And heat is energy, and that energy can be converted into electricity. And that energy does not deplete.

The most obvious places on earth at which to tap geothermal energy are near existing volcanoes, which themselves exist at the meeting of continental plates. Here the superheated molten magma of the earth's furnace is reachable rather close to the surface. Water passed into or near magma and out again is heated to very high temperatures and thus allows for power generation. The bulk of the world's existing geothermal energy industry is located at such sites, in places such as Iceland, California, Chile, Japan, the Philippines and New Zealand. While this is a boon for those living on the fault lines, it's not a lot of help to those living more safely inside the continental plates. Were volcanoes to provide the world's only source of geothermal energy, then it would be a very small industry indeed.

However, one need not tap directly into magma to achieve superheating. The deeper one drills into the earth's crust, the hotter the rock layers become, trapping heat from the magma further below. Thus it is possible to source geothermal energy from "hot rocks". Granite is a great heat sink, and hot granite close to the surface is fractured allowing for a water reservoir and flow system to be created within the rock and geothermal energy thus sourced. This is known as "hot fractured rock" energy and the granite will often also exhibit an element of (safe) radioactive decay which adds to the energy source.

The easiest rock to drill into nevertheless is your simple sedimentary rock - rock that is formed by the erosion of older rocks into a form of compressed sand. It is within the porous confines of sedimentary rock that decaying vegetation was once trapped and heavily compressed, thus forming today's fossil fuels.

Sedimentary rock thus provides two major advantages for geothermal energy production over volcanic rock (not counting the danger factor inherent in volcanoes) and granite. Firstly, ever since electricity and the combustion engine were invented prospectors have scoured the world's sedimentary deposits for reserves of fossil fuels. There are not many rocks left that haven't been drilled, assessed, mapped and - if fortunate - exploited. For those looking for a prospective site for a sedimentary geothermal energy plant, all the time-consuming and costly grunt-work has already been done.

Secondly, as sedimentary rock is porous it also traps water. Hence in order to harness the energy from hot sedimentary rock one does not need to bring in one's own water for the circuit - it's already there. Simply bring the hot water to the surface, extract the heat, and send the cool water back down to start again. Such a system is as close to a perpetual motion machine as one can invent. And there are no inputs.

The downside of geothermal energy is, however, that the farther below the earth's surface the hot rocks are, the more heat will be lost on the trip to the surface. Thus in order to compete with the heat generated by coal burnt at the surface, the hot rock must be close. Sedimentary rock does not retain heat as well as other rocks, and so this element becomes more critical. Another problem - one which rather spoils the perpetual motion machine concept - is that water brought from below the surface is highly corrosive. Those pipes will not last forever.

The trick in sedimentary geothermal, therefore, is to find a sedimentary basin in which the magma below is close enough to ensure the least drill depths and the greatest heat retention. We already know where those are because years of fossil fuel exploration has already identified them. The most suitable are the Salton Sea in California, the Paris Basin in France, the Molasse Basin in Germany, and the Otway and Great Artesian Basins in Australia. The latter is one of the largest sedimentary basins on earth, and home to Australia's one and only operating geothermal plant at Birdsville. The Californian and French basins currently provide local power, but the global centre of geothermal development is in Germany.

The reason the Molasse basin is the world's geothermal "hotspot" is because of the German government's enthusiastic support of renewable energy. Germany is Europe's industrial engine, yet the country is largely devoid of its own fossil fuel sources. One may recall that one reason Hitler lost the War is because he ran out of petrol, and had to stretch his resources far and wide in an attempt to secure a source. It also means the Germans have spent plenty of time looking for oil, and thus know the Molasse Basin back to front. It may not hold commercial oil reserves, but it is an ideal source of geothermal energy. And the German government is right behind it.

The Australian government is similarly enthusiastic about renewable energy, and it so happens the Otway Basin in Victoria is a strikingly similar sedimentary system to Molasse. Otway has also been extensively drilled to date being, as it is, a globally significant source of
natural gas.

Yet despite all the excitement, one unavoidable fact remains. While geothermal energy sounds like a simple source of abundant energy, it is still costlier to generate electricity using the earth's own power source than it is to dig up coal and burn it. Without government incentive, the geothermal industry would never get off the ground - or under it.

Which brings us back to the idea of carbon trading. The principle of carbon trading is to put a cost on greenhouse gas emission by limiting the amount of greenhouse gases - or carbon equivalent - an industry can generate, via government mandate. Faced with such limits, a carbon emitting industry can either (a) reduce production full stop; (b) reduce emissions through production efficiencies; or (c) offset emissions by

the generation or acquisition of "carbon credits". Carbon credits are created by investing in either emission reduction, zero emission or negative emission. Natural gas (cleaner than oil or coal) would fall into the first category, renewable energy such as solar, wind or geothermal into the second, and "carbon sinks" such as purpose-planted forests into the third.

Under the system, an aluminium smelter (the greatest industrial consumer of electricity), for example, could buy carbon credits from the market to achieve emission reduction on a net basis, rather than actually reducing emissions itself. The value of the carbon credit will be determined by just how stringent government emission reduction targets are, and the money generated from carbon credits will ensure that the costs of alternative energy sources are brought into line with existing sources. Carbon credits make alternative energy commercially viable.

But the carbon credit system is not the only government-mandated emission reduction model. Another is the "feed-in tariff". A carbon credit system will only work if the resultant credits are sufficiently valued by the market. Get the system wrong and their value collapses. Such price collapses have been experienced in Europe and more recently in New South Wales. It is not easy to turn a hundred years of industry around on a dime with the perfect model. A tariff is a more straightforward charge placed on industry.

The way a feed-in tariff works is that the government dictates that an energy consumer must buy a proportion of its required energy from an alternative (clean) source and pay a premium for it. Alternative energy already costs more, so the ongoing development of alternative energy sources requires that such tariffs are set at a premium to that already higher cost. While this is an indirect way of ensuring the big polluters are the ones who pay for alternative energy development and greenhouse emission reduction, it is a more direct model than carbon credits, which are susceptible to the vagaries of the marketplace.

The German government is a staunch supporter and enforcer of feed-in tariffs via its Renewable Energies Law (EEG). This law ensures that energy from renewable sources is set at a price equivalent to seven times the current cost of wholesale electricity in Australia and local wholesale consumers must buy a proportion of it. The law has already inspired significant investment in solar and wind power in Germany, and geothermal is now catching up. Feed-in tariffs do not replace carbon credits, they merely compliment them. Mandatory renewable energy targets are part of the broad intention of emission reduction of which carbon trading schemes are also a part.

And such is the case in Australia, which has plans for both an Emission Trading Scheme and a Mandatory Renewable Energy Target on the table. The ETS is slated to commence in 2010 and the MRET has been so far set at 20% by 2020 for industry. The MRET will operate on feed-in tariffs, with the first already under wobbly operation at a household level in the form of premiums paid for household excess solar energy fed back into the grid.

Australia has great potential as a geothermal energy generator. While geothermal energy will not need to rely on a specific level of carbon credit pricing to be commercial, it will rely on the receipt of feed-in tariffs. While the Australian government is no doubt in for a staunch battle before its final carbon reduction laws are set, its intent is still clear. The government is determined to push forward despite the global economic crisis.

An opportunity thus exists for investors to participate in the growth of the Australian geothermal energy industry. Dr Mark Elliot believes geothermal could be "the next coal seam methane". There are currently eleven listed stocks in the "geothermal space", outside those larger energy companies with complimentary geothermal interests. One such company is Hot Rock Ltd ((HRL)), of which Dr Mark Elliot is the managing director. FNArena met with Dr Elliot recently, fresh from an institutional road show.

Hot Rock is not the largest company in the geothermal space, that tag goes to Geodynamics ((GDY)) and then Petratherm ((PTR)) which are both involved in geothermal energy derived from "hot fractured rocks". Dr Elliot espouses the virtues of sedimentary geothermal which has the capacity to reliably achieve higher flow rates than HFR. Clearly both forms have their advantages and disadvantages, and FNArena is not here to pursue that argument, merely inform.

Only two of the eleven listed companies are involved in sedimentary geothermal, the other being Panax ((PAX)), formerly Uranoz, which up until December 2007 was a uranium explorer but turned to geothermal. Hot Rock was listed in November 2007.

Hot Rock owns 18,250sqkm of the Otway Basin - the largest single sedimentary geothermal resource in the country. The company has acquired an extensive database of previous geological investigation of the area, meaning it can fast-track to production. Surrounding the Hot Rock plot is all the other industry and infrastructure of the Otway, which is a very busy and energy-consuming mining area indeed. One important point to note is that Hot Rock has the capacity to generate much sought after "baseload" power in the Otway.

Hot Rock also owns options to acquire 100% of Bernried Erdwarme AG and having completed due diligence will do so in December 2008. Bernried is a German geothermal specialist with access to 136sqkm of the Molasse basin - one of the larger claims - which lies in the midst of ten other active geothermal developments. In acquiring Bernried, Hot Rock also acquires extensive German experience in geothermal energy. German engineering giant Siemens is also global leader in geothermal power plant technology.

And those power plants are nothing if not innocuous. The process of extracting geothermal energy is merely one of heat transfer, such that the whole water flow system occurs in a closed circuit loop. The heated water is pumped up from below the surface, its heat extracted for electricity production, and then the cool water returns from whence it came to be heated once more. There is no discharge. From the surface a geothermal power plant just looks like any old building. It's a bit of a change from the carbon-spewing coal-fired plants of the Hunter or Latrobe valleys.

In August, the Australian government launched the Geothermal Drilling Program. This is part of Renewable Energy Fund. The GDP will provide dollar for dollar matching funding (up to a maximum of $7 million) for proof of concept geothermal projects in Australia. Hot Rock is projecting an annual revenue of over $200m by 2012. Its projects feature long lives, low operating costs and zero carbon emissions.

The revenue projections are based on the current tariff system. Power acquired by electricity wholesalers from traditional sources is charged out at between $40 and $60 per megawatt. Thanks to the government's Renewable Energy Certificates, power from sources such as solar, wind and geothermal are charged out at a $50-65/MW premuim to the base price. The MRET then ensures that wholesalers must acquire a proportion of their power from such sources, of which Hot Rock is one. The company thus assumes a sale price of $110/MW in its numbers. Any value placed on carbon credits in the future will be a bonus for Hot Rock, but will not affect commerical viability if too low.

There is always a risk that the current tariff system will be tampered with by this or any other government in the years ahead, however one presumes abolition is not a serious option. The current Opposition campaigned on a far more green-friendly ticket than the previous government.

Hot Rock already has joint venture interest for its projects in Germany and suggests the large scale of the company's projects in Australia will attract interest from investors.

Hot Rock is capitalised at around $6m and currently trades at around 10c. "

[Popeye82]

[GER] Inferred Geothermal Resource Release - Australianinvestor - 4-Dec-2008
www.australianinvestor.com.au/news.asp?id=36806

"Greenearth Energy Limited has reported that results of its Inferred Resource work, completed for the Anglesea area contained within GEP10 have been received.

The company has released an estimated significant inferred resource of 260 000 petajules encompassing the Hot Sedimentary Aquifer and Engineered Geothermal System geothermal prospects.

Progression to the next stage will be to include the resource estimation as part of the company’s Geothermal Drilling Program Application. "

[Popeye82]

könnte vielleicht auch was sein, wäre wenn schon etwas größer:

Raser Technologies

www.peswiki.com/index.php/Directory:Raser_Technologies_-_Geo…
www.rasertech.com
www.rasertech.com/media/movies/html/shareholders_2008.html

[Popeye82]

Actions taken to stimulate geothermal leasing, reports Public Lands Foundation - Mining.com - Dec 29, 2008
http://news.mining.com/2008/12/29/actions-taken-to-stimulate…

"The Department of the Interior’s Bureau of Land Management today published the Record of Decision and Approved Resource Management Plan Amendments for Geothermal Leasing in the Western United States to make more than 190 million acres of federal lands available for leasing and potential development of geothermal energy resources. Announcement was posted on the Public Lands Foundation web site, www.publicland.org .

The approved development scenario, which was analyzed in the Final Programmatic Environmental Impact Statement, anticipates a potential 5,500 megawatts of new electric generation capacity from resources in the 12 western States (including Alaska) by 2015. It also estimates an additional “Geothermal energy will play a key role in powering America’s energy future,” said Secretary of the Interior Dirk Kempthorne.” “All but 10 percent of our geothermal resources are found on Federal lands and facilitating their leasing and development is crucial to supplying the secure, clean energy American homes and businesses need.” Replenished by heat sources deep in the earth, geothermal energy is a renewable resource that generates electricity with minimal carbon emissions. Direct use of geothermal energy is used to heat buildings, plus many other uses such as in greenhouses and aquaculture, offers additional possibilities for reducing the need for conventional energy sources.

The approved development scenario envisions as many as 270 western communities that could benefit from such direct uses. The Record of Decision amends 114 Bureau of Land Management resource management plans and allocates about 111 million acres of Bureau-managed public lands as open for leasing. An additional 79 million acres of National Forest System lands are also legally open for leasing. Site-specific analysis of future leasing nominations, permit applications, and operations plans can refer back to the impact analysis and best management practices included in the Approved Resource Management Plan Amendments, thus reducing the processing time of future geothermal development. These actions will reduce the time to produce energy from federal geothermal resources. Kempthorne noted the strong interest States, local communities, industry and environmental groups took in the Programmatic Environmental Impact Statement.

“This process has benefited greatly from the involvement of both governmental and non-governmental stakeholders, and from the clear direction Congress gave in the 2005 Energy Policy Act,” the Secretary said. “It’s really a model for working together to make decisions about our energy future.”

As with all energy leasing administered by the Bureau of Land Management, future geothermal leasing will be subject to all existing laws, regulations and orders, as well as stipulations and terms and conditions. To protect special resource values, the Record of Decision/Approved Resource Management Plan Amendments identifies a comprehensive list of stipulations, conditions of approval, and Best Management Plans required for approval of future leases. Lands withdrawn from or administratively closed to geothermal leasing will remain so. For example, lands within a unit of the National Park System, such as Yellowstone National Park, will continue to be unavailable for leasing. The Record of Decision /Approved Resource Management Plan Amendments also excludes Wilderness areas and wilderness study areas from analysis.

It will allow discretionary closure of Areas of Critical Environmental Concern where the Bureau of Land Management determines that this is appropriate. The Forest Service will use information in the Programmatic Environmental Impact Statement to facilitate leasing analysis to determine whether or not geothermal leasing is appropriate and to evaluate its land use plans and amend them as needed through a separate environmental review process and facilitate future decisions on leasing National Forest System lands for geothermal development. Public involvement in preparation of the Programmatic Environmental Impact Statement was extensive, as documented in the Statement and the Record of Decision. Results of the 60-day Governors’ Consistency Review of the Programmatic Environmental Impact Statement, as required by Bureau planning regulations, were favorable in that none of the governors objected to the proposed plan amendments.

Federal lands in the Western United States contain the largest supply of known resources of geothermal energy in the country. Growing interest in developing these resources is seen in the results of recent Bureau of Land Management geothermal lease sales in areas where current Resource Management Plans already allocate lands for such use. An August 2007 sale drew the highest-ever per-acre bid for a lease in California’s famed Geysers field. Additionally, a sale of leases in Nevada brought a record-breaking $28.2 million in August 2008. Geothermal leasing revenues and royalties are shared with the states and counties where the leases are located, with 50 percent going to the State and 25 percent to the county.

The United States continues to be the world leader in generating electricity using geothermal energy, with about 16,010 gigawatt-hours of electricity generated in 2005. Almost half of this production and about 90 percent of U.S. geothermal resources occur on federal lands. The Bureau of Land Management manages geothermal leasing on the Federal mineral estate, including the 258 million acres of public land whose surface it manages and another 442 million subsurface acres where other federal agencies, such as the Forest Service, manage the surface.

A total of 29 geothermal power plants currently operate on Bureau of Land Management lands in California, Nevada and Utah, with a total generating capacity of 1250 megawatts – enough to supply the continuous electric power needs of 1.2 million homes.

The Final Programmatic Environmental Impact Statement is online at www.blm.gov/Geothermal_EIS "

[Popeye82]

[GER] 2 GDP Applications Submitted - Australianinvestor - 6-Jan-2009
www.australianinvestor.com.au/news.asp?id=37114

"Greenearth Energy Limited has submitted two applications for the Federal Government Geothermal Drilling Program.

The applications which total a grant of $14 million encompasses areas in its Victorian GEP10 and GEP13 permit areas.

Each grant application is for $7 million for ‘proof of concept’ comprising two deep wells and is made up of an upfront payment of 60 per cent of funding for the first well and the balance provided subject to the achievement of established milestones. "
www.greenearthenergy.com.au/reports/

[Popeye82]

da könnte Raser T. wahrscheinlich richtig interessant sein:

Company hits geothermal jackpot in Utah - Associated Press, PROVO - Jan. 2, 2009 12:00 AM

- Young firm rapidly getting up to speed on electrical output -

- Paul Foy -
www.azcentral.com/business/articles/2009/01/02/20090102biz-g…

"PROVO, Utah - Within six months of discovering an enormous geothermal field, a small Utah company had erected and fired up a power plant - just one example of the speed with which companies are capitalizing on state mandates for alternative energy.

Anticipation of new energy policies has sparked a rush on land leases as companies like Raser Technologies Inc., based in Provo, lock up property that hold geothermal fields and potentially huge profits.

Raser's find, about 155 miles southwest of Provo, eventually could power 200,000 homes.

In June, Raser and Salt River Project announced that the Phoenix-area utility would buy the electricity from one of its power plants planned for the panhandle in southwestern New Mexico.

The 10 megawatts of capacity could power 2,500 homes at once.

Arizona Public Service Co., Salt River Project and Tucson Electric Power Co. all are striving to get 15 percent of their energy from renewables by 2025.

Raser also has announced it will begin routing electricity from its Utah project to Anaheim within weeks.

Last month, California adopted the nation's most sweeping plan to cut emissions from greenhouse gases.

"We made a pleasant discovery, let's put it that way," said Brent Cook, the company's chief executive.

The number of government land leases and drilling permits has risen quickly, said Kermit Witherbee, who heads up the leasing program for the U.S. Bureau of Land Management, with more than two dozen companies now trying to make a score like Raser.

Three years ago, the BLM approved 18 geothermal drilling permits. That number more than doubled in 2007 and nearly quadrupled in 2008.

The government leased a staggering 244,000 acres for geothermal development in the past 18 months.

An additional 146,339 acres went up for bid in December in Utah, Oregon and Idaho.

All of it was claimed.

Raser's find "has the potential to become one of the more important geothermal-energy developments of the last quarter century," said Greg Nash, a professor of geothermal exploration at the University of Utah.

The company quickly redrew its business plan, bumping up its planned development of 10 megawatts of power to 230 megawatts. That is in line with the field's power potential, according to calculations by GeothermEX Inc., a consulting firm.

By comparison, the largest group of geothermal plants in the world are called the Geysers, about 60 miles northeast of San Francisco.

The Geysers geothermal basin produces about 900 megawatts of energy, enough to power the city. Geothermal technology creates energy using heat that is stored in the Earth.

Geothermal companies are relatively small players in the energy market and have had to scramble to lock up financing, particularly during a recession.

Merrill Lynch & Co. has pledged to fund Raser's first 100 megawatts of projects and says it is staying in the game.

Cook said his company can raise additional money from joint ventures and stock sales.

"This is where the money flows, to alternative energy projects that pencil out," he said.


Republic reporter Ryan Randazzo contributed to this article. "

[Popeye82]

haben, u.a., auch eine Geothermiebeteiligung:

U.S. Energy Corp.
www.usnrg.com

[Popeye82]

RWE-Tochter gründet Geothermie-Joint Venture mit Daldrup & Söhne - Aktiencheck, ESSEN - 20.01.2009
http://aktiencheck.de/news/artikel.m?id=1861859&menue=DAX

[Popeye82]

(PAX) Penola Trough Inferred Resource - Australianinvestor - 21-Jan-2009
www.australianinvestor.com.au/news.asp?id=37290

"Panax Geothermal Ltd reported that an Inferred Independent Resource assessment has been completed on behalf of Panax by Hot Dry Rocks Pty Ltd.

Hot Dry Rocks calculated an Inferred Resource of 41,000 PJ for the Penola Project of Panax’s Limestone Coast Geothermal Project.

The Company will now proceed with classifying part of the Inferred Resource as an ‘Indicated Resource’ and/or as ‘Measured Resource.’

Panax believes that no other Australian HSA projects are currently in position to calculated ‘Indicated’ or ‘Measured’ geothermal resources, highlighting the advanced nature of the Penola Project."
http://clients.weblink.com.au/clients/panaxgeothermal/articl…
http://clients.weblink.com.au/clients/panaxgeothermal/articl…

[Popeye82]

[TEY] Heat Flow Results Returned - Australianinvestor - 28-Jan-2009
www.australianinvestor.com.au/news.asp?id=37367

"Torrens Energy has announced high recorded heat flow return from drilling in late 2008.

The company has reported that the Port Augusta result is highly significant coming in above Torrens 90 mW/m2 target.

Ongoing exploration activity is supported by a matching $3 million Federal Government grant under the Federal Government REDI program. "
www.torrensenergy.com/announcements/090128_heatflow.pdf

[Popeye82]

Panax Geothermal - Executes MOU for Exploration Rights in Slovakia - Jan 28, 2009
www.stocknessmonster.com/news-item?S=PAX&E=ASX&N=207294

[Popeye82]

Antwort auf Beitrag Nr.: 36.467.022 von Popeye82 am 28.01.09 17:15:32

das gab`s noch am gleichen Tag:

Panax Geothermal - Limestone Coast 111,000 PJ Resource - Jan 28, 2009
www.stocknessmonster.com/news-item?S=PAX&E=ASX&N=207284

[Popeye82]

[GRK] Green Rock is preferred applicant for Perth Basin permits - Australianinvestor - 2-Feb-2009
www.australianinvestor.com.au/news.asp?id=37420

"Green Rock Energy Limited has been announced as the preferred applicant for three Geothermal Exploration Permits in the Perth Basin.

Green Rock is also nominated for a further eleven permits in joint venture with major participants in the Collie and Perth Basins.

The permits are to be formally offered following the completion of native title negotiations. "
www.greenrock.com.au/media/2009 02 02 - GRKPerthBasinGeother…
und einmal wurde eine Beteiligung aufgestockt:
www.greenrock.com.au/media/2009 02 02 - GRKHungarianInterest…

[Popeye82]

RWE Innogy Announces Joint Venture For the Development of Geothermal Power Station Projects - OilVoice - Friday, January 23, 2009
www.oilvoice.com/n/RWE_Innogy_Announces_Joint_Venture_For_th…

"RWE Innogy has set up a joint venture with Daldrup & Söhne AG in Ascheberg today. Its purpose is to develop, plan and construct a range of geothermal power stations. Daldrup & Söhne is a publicly traded company that specialises in planning and conducting geothermal drillings. The first step of the joint venture will be to develop RWE Innogy’s existing deep geothermal drilling areas – for which permits have already been obtained – and to apply for further permits. However, plans are also in place to participate in geothermal and project development companies in Germany and other European countries. The joint venture has been set up on the proviso that it will be approved by the German antitrust authority, Bundeskartellamt.

“The use of geothermal heat for the production of electric power and heat has great potential – not just in Germany, but also in southern and south-eastern Europe. This joint venture enables us to ensure the systematic development of a relatively young form of energy in our latitudes and to use this energy on a major technical scale,” says Prof. Fritz Vahrenholt, Chairman of the Board of Directors of RWE Innogy. The geothermal facilities that will be developed by the two partners are to be realised and operated by independent project companies.

“We are pleased that by teaming up with RWE Innogy we have found a powerful partner for our future growth and for our continuing internationalisation strategy,” says Josef Daldrup, founder and CEO of Daldrup & Söhne. “This JV is an important milestone in the development of the geothermal activities of D&S AG. The JV also enables D&S to get involved in the operation of geothermal power stations and in the resulting creation of further revenue with long-term stability. This partnership with RWE Innogy is an excellent additional pillar for our continued business development, particularly against the background of the general economic situation.”

RWE Innogy had already obtained permits for two deep geothermal projects from the Munich mining authorities in October last year – in Wildpoldsried and Unterthingau in the Swabian rural district of Oberallgäu in south-west Germany. Geologically, this region belongs to the Bavarian Molasse Basin, an area which is ideal for the exploitation of geothermal energy. Over the next three years investigations will be carried out into the geothermal potential of this area which covers some 100 square kilometres (nearly 39 square miles). Once the data has been analysed, RWE Innogy and Daldrup & Söhne plan to drill up to 4,000 metres (13,000 feet) into the ground.

Unlike geothermal energy close to the surface, which is mainly used for heating, the generation of deep geothermal energy can also meet the demand for baseload electricity. This is because water is of a much higher temperature in such deep strata (down to 4,000 metres or 13,100 feet). "

[Popeye82]

hier: http://energytechstocks.com/geothermal.htm werden noch 2 weitere Unternehmen im Bereich Geothermie angeführt:

-Contact Energy (ein neuseeländisches Unternehmen)
www.contactenergy.co.nz

-& WFI Industries(Indien)
www.waterfurnace.com


Hab ich nur eben gesehen, weiss nicht inwieweit das was sein könnte.

Gruß,
Popeye

[Popeye82]

Artikel zu Panax Geothermal(PAX):

Panax Geothermal announces historic first conventional geothermal measured resource in Australia - Proactive Investors - Feb 23, 2009
www.proactiveinvestors.com.au/companies/news/894/panax-geoth…

"Panax Geothermal (ASX:PAX) has announced part of its Limestone Coast Geothermal Project in South Australia has a ‘Measured Resource’ of 11,000 petajoules (PJ), enough to power more than 500,000 homes.

Panax Managing Director Dr Bertus de Graaf said an independent assessment of the areas by Hot Dry Rocks Pty Ltd (HDRPL) has led to a substantial upgrade of Panax’s Penola Trough resource.

Dr de Graaf said the Penola Trough in GEL 223 now totalled Geothermal Resources of 132,000 PJ, of which 11,000 PJ could be classified as a Measured Resource. “The determination of a relatively large Measured Resource of 11,000 PJ relating to a Hot Sedimentary Aquifer (HSA) project is a first for Australia,” he said.

“The Measured Resource is more than five times larger than anything announced by other Australian geothermal companies and we have arrived at this without drilling a single well.

“By any standard, the Measured Resource of 11,000 PJ is, in theory, large enough for operating a 1,000 Megawatt power station for 30 years, or sufficient energy to power more than 500,000 homes.

“The fact that this Measured Resource is directly associated with a HSA is very promising, as this type of project relies on hot water, contained in an existing aquifer or reservoir.” Dr de Graaf said the updated assessment by HDRPL found Penola Trough GEL 223’s Geothermal Resources included 89,000 PJ of Inferred Resources and 32,000 PJ of
Indicated Resources.

“The large increase in the Total Geothermal Resources as compared to the previous announcements is directly related to the result of new work carried out by HDRPL,” he said.

Dr de Graaf said the total geothermal resource for the greater Limestone Coast Geothermal Project of 202,000 PJ excludes a resource assessment for the Tantanoola Trough, which is currently underway. Panax is scheduled to start drilling its first production well, Salamander 1, in mid 2009.

The completion of this well is expected to lead to the conversion of part of the geothermal resources to geothermal reserves. Dr de Graaf said the company was also completing an independently reviewed prefeasibility study, which is scheduled for release later this quarter.

“The Limestone Coast Geothermal Project has the potential to become a renewable energy project of national importance,” he said.


About Panax Geothermal
Panax’s Limestone Coast Geothermal Project, located in South Australia’s south-east near Mount Gambier, covers a total area of 3,127 sq km. The National Electricity Market Management Company power grid traverses the entire project area.

The long term vision of Panax is to become a major participant in the geothermal industry, both nationally and internationally. The scope of its geothermal interests will be broad, including both conventional geothermal resources (volcanic related) as well as enhanced geothermal systems (EGS) such as hot fractured rock (HFR) geothermal systems.

Panax’s key asset is the advanced and ready to drill-test Limestone Coast Geothermal Project in South Australia, which has an estimated generating potential*) of approximately 1,500 MWe, i.e. the equivalent of two coal fired power stations or enough power for more than one million homes.

Profile
Panax Geothermal is a pure geothermal company with access to some of the worlds most promising geothermal assets. As climate change projections worsen, Panax Geothermal is well positioned to commercialise sustainable sources of base-load energy, powered from the Earth. "

[EMERZAK]

Antwort auf Beitrag Nr.: 36.670.429 von Popeye82 am 27.02.09 19:00:32

Geothermal compagnies listed on stock exchange ASX.
EDE AX
GDY.AX
PAX.AX
HRL.AX
PTR.AX
TEY.AX
GDY.AX
GHT.AX
GRK.AX
AGK.AX
KEN.AX
GER.AX

[Popeye82]

noch ein Artikel zu Panax Geothermal(es geht um einen abgeschlossenen MOU mit ADE, der Panax im günstigen Falle Vorteile bringen könnte, v.a. finanzieller Art):
www.proactiveinvestors.com.au/companies/news/950/qantum-leap…


@ EMERZAK,

Danke -werde mal gucken, ob da welche dabei sind, die hier noch nicht aufgezählt wurden &dann die Auflistung vielleicht nochmal erneuern. Hab da zuletzt auch noch was gesehen.

Gruß,
Popeye

[Popeye82]

Can Geothermal Power Compete with Coal on Price? - SCIAM - Mar 2, 2009

- By Christopher Mims -

- An investment bank report says geothermal energy is now cheaper per kilowatt-hour than coal-derived power. But there are lots of caveats -
www.sciam.com/article.cfm?id=can-geothermal-power-compete-wi…

"Although the environmental benefits of burning less fossil fuel by using renewable sources of energy—such as geothermal, hydropower, solar and wind—are clear, there's been a serious roadblock in their adoption: cost per kilowatt-hour.

That barrier may be opening, however—at least for one of these sources. Two recent reports, among others, suggest that geothermal may actually be cheaper than every other source, including coal. Geothermal power plants work by pumping hot water from deep beneath Earth's surface, which can either be used to turn steam turbines directly or to heat a second, more volatile liquid such as isobutane (which then turns a steam turbine).

Combine a new U.S. president pushing a stimulus package that includes $28 billion in direct subsidies for renewable energy with another $13 billion for research and development, and the picture for renewable energy—geothermal power among the options—is brightening. The newest report, from international investment bank Credit Suisse, says geothermal power costs 3.6 cents per kilowatt-hour, versus 5.5 cents per kilowatt-hour for coal.




That does not mean companies are rushing to build geothermal plants: There are a number of assumptions in the geothermal figure. First, there are the tax incentives, which save about 1.9 cents per kilowatt-hour. Those won't necessarily last forever, however—although the stimulus bill extended them through 2013.

Second, the Credit Suisse analysis relied on what is called the "levelized [sic] cost of energy," or the total cost to produce a given unit of energy. Embedded within this figure is an assumption that the money to build a new geothermal plant is available at reasonable interest rates—on the order of 8 percent.

In today's economic climate, that just isn't the case. "In general, there is financing out there for geothermal, but it's difficult to get and it's expensive," Geothermal Energy Association director Karl Gawell told ScientificAmerican.com recently. "You have to have a really premium project to get even credit card interest rates."

That means very high up-front costs. As a result, companies are more likely to spend money on things with lower front-end costs, like natural gas–powered plants, which are cheap to build but relatively expensive to operate because of the cost of the fuel needed to run them.

"Natural gas is popular for this reason," says Kevin Kitz, an engineer at Boise, Idaho–based U.S. Geothermal, Inc, which owns and operates three geothermal sites. "It has a low capital cost, and even if you project cost of natural gas to be high in future, if you use a high [interest rate in your model] that doesn't matter very much."

Natural gas, which came in at 5.2 cents per kilowatt-hour in the analysis, is also popular because it can be deployed anywhere, whereas only 13 U.S. states have identified geothermal resources. Although this limits the scalability of geothermal power, a 2008 survey by the U.S. Geological Survey estimates that the U.S. possesses 40,000 megawatts of geothermal energy that could be exploited using today's technology. (For comparison, the average coal-fired power plant in the U.S. has a capacity of more than 500 MW.)

There's another significant issue: finding geothermal resources. In that way, the geothermal industry has the same challenges as the oil and gas industry. The Credit Suisse analysis doesn't factor in exploration costs, which can run hundreds of thousands of dollars for per well.

"The United States Geological Survey estimates that 70 to 80 percent of U.S. geothermal resources are hidden," Gawell says. "You can't see it on the surface, and we don't have the technology to find it without blind drilling. ... Geothermal hasn't had the breakthroughs in geophysical science that the oil industry had in 1920s. We are still looking for where it's leaking out of the ground."

Despite these caveats, the new analysis is backed up by earlier ones, such as a 2006 Western Governor's Association (WGA) report on geothermal resources in the U.S. Southwest. Using nearly the same economic model, but assuming a higher cost of capital than the one used in the Credit Suisse analysis—in other words, the interest rate that is so troublesome in today's economy—the WGA found that geothermal could be produced from existing resources, using existing technology, for around 6.5 cents per kilowatt-hour, once a 1.9 cent per kilowatt-hour tax credit furnished by the federal government is included.

Although the WGA did not compare the cost of geothermal with coal directly, applying their assumptions to other forms of energy would boost prices across the board, especially for coal-fired plants, which are assumed to last for upward of 50 years. (The assumed 50-year life of a coal-fired power plant allows planners to spread the cost of their construction across an even longer period of time than geothermal plants, which are assumed to last less than half that long.)

Another potential stumbling block is reliability. Both the Credit Suisse and WGA studies assume that geothermal power plants are producing electricity virtually 24 hours a day, seven days a week. Larry Makovich, vice president and senior power advisor at Cambridge Energy Research Associates, believes this is an exaggeration. "They're assuming that if you put a megawatt of geothermal capacity in you're going to run over 95 percent of the hours in the year," Makovich says. "Here's the catch: if you look at actual electric production of geothermal in the U.S., it runs 62 percent of the time."

Other sources dispute this number—Glitnir bank, a financier of geothermal in Iceland and elsewhere, claims that geothermal plants are operational up to 95 percent of the time, and a 2005 paper (pdf) by academics in the field claims that in aggregate, geothermal plants in the U.S. produce power about 80 percent of the time.

What prevents geothermal plants from running continuously is the sometimes harsh nature of the steam on which they depend. "When you take steam out of the Earth it is different from taking steam out of a boiler from a coal or natural gas plant," Makovich says. "It's got a lot of other stuff in it." That "stuff" can include everything from silica and heavy metals to ammonia, depending on the source.

Geothermal advocates hope that many of these caveats become moot. A tax on the carbon emitted by power plants that rely on fossil fuel, for example, could increase the cost of coal so much that geothermal's issues become unimportant. A carbon cap-and-trade system similar to the one used in Europe would do the same.

And state mandates that a certain percentage of energy come from green and renewable sources already seem to be having an effect. "It's been great to see a change in the market—the enthusiasm," says Kitz, who has been an engineer on geothermal projects since he graduated from college in 1985. "Five years ago I said everyone wants green power as long as it's not one one-thousandth of a cent more expensive than coal. Now people just want renewable power, period—It's nice to be loved." "


Unter den weiterführenden Links &auf der Seite generell gibt´s auch noch eine ganze Menge weiterer Artikel zum Thema.


Gruß,
Popeye

[Popeye82]

das ist schon ein etwas älterer Artikel:

Massive clean energy reserves found - The Australian, QUEENSLAND - July 21, 2008

- Cath Hart -
www.theaustralian.news.com.au/story/0,25197,24048998-5006786…

"QUEENSLAND has struck yet another bonanza with the discovery of an enormous reservoir of zero-emission coal seam gas, 100km east of the outback town of Cloncurry.

The discovery of the clean energy reserves in the new Millungera Basin by a Queensland government survey team comes just days after Canberra increased the pressure to embrace lower-emissions fuels by releasing its carbon trading green paper.

The geothermal energy find also comes amid jockeying by local and international companies, such as BG Group and Shell, for a foothold in Queensland's booming coal seam gas sector.

Premier Anna Bligh said the Millungera Basin discovery - which is 300km long and up to 50km wide - was "one of the most exciting resource finds this century'', which could hold clean energy sources for enough low emissions power for the entire northwest region of the state.

"Other rocks of this age in other basins have significant coal seam gas and water resources, and the granites uncovered signal the potential for new sources of geothermal energy that have the potential to generate one-fifth of Australia's total electricity needs over the next 25 years without producing any carbon dioxide emissions,'' Ms Bligh said.

Geothermal - or "hot rock'' - energy pushes cold water from the surface over heat captured in the earth before harnessing the resulting high-pressure steam to drive electricity turbines.

Experts have estimated that Australia could draw nearly 7 per cent of its electricity from hot rock power stations by 2030 after Geoscience Australia's analysis revealed the country's geothermal energy source to be about 1.2 billion petajoules - far eclipsing our 140,000 PJ of total proven and probable gas reserves.

Geologists discovered the new basin, which is believed to be up to 540 million years old, underneath the younger Carpentaria Basin. Further surveys will be conducted to find out the size, shape and depth of the basin in addition to drilling to assess the geothermal potential of the site.
The Government will soon decide which blocks of land will be released for tender for geothermal and gas exploration.

Likely bidders for the geothermal exploration permits include Western Australia's Torrens, Victoria's Green Earth, South Australia's Petratherm and Brisbane-based Geodynamics.

Geodynamics, one of the most advanced geothermal companies in Australia, is working to harness geothermal energy from hot fractured granites deep beneath the Cooper Basin oil and gas fields, near Innaminka in the far north of South Australia.

Before the discovery of the new Queensland reservoir, South Australia had been the centre of Australia's geothermal activity, but a key reservation about the success of geothermal energy in Australia to date has been the fact that the Cooper Basin resource was so far from the major load centres along the coast - a claim that Geodynamics officials have disputed.

Queensland Mines and Energy Minister Geoff Wilson said any significant mineral or energy resource discovery in the region would be a huge benefit to the North West Mineral Province and to nearby Cloncurry and Julia Creek.

Swiss mining giant Xstrata has flagged its intention to acquire new operations in the Mt Isa region as part of its plan to double its copper business over the next five years.

Other companies such as Exco Resources and Cudeco also have operations in the region. "

[Popeye82]

noch 2 Sachen, also m.E. nach scheint in dem Bereich einiges in Bewegung zu sein, wobei die Techniken noch deutlich weiterentwickelt werden müssen, um längerfristig auch mal großflächig kommerziell wettbewerbsfähig zu werden(mein Eindruck):

Geothermal Power Continues Strong Growth, New Industry Report Shows - REW, WASHINGTON - March 4
www.renewableenergyworld.com/rea/partner/geothermal-energy-a…

"A new report by the Geothermal Energy Association (GEA) shows strong growth in new geothermal power projects continuing into 2009. "There has been a 25% increase in new geothermal projects from August of 2008, when the last GEA report was released. There is also an increase in overall production potential by 35%," notes Kara Slack, the report's author.

The report also notes that the number of states producing geothermal power has increased from 7 to 8 with the addition of Wyoming. "Geothermal power projects continue to move forward, with new projects being added at an increasing rate," according to Karl Gawell, Executive Director of GEA.

The report identifies a total of 126 projects under development with the potential to put 5,500 MW of new geothermal power on line, equivalent to 15,000 MW – 20,000 MW from wind turbines or enough power for 5.5 million California homes, according to GEA. New geothermal power projects were identified in Alaska, Arizona, California, Colorado, Florida, Hawaii, Idaho, Nevada, New Mexico, Oregon, Utah, and Washington.

"It is great to see that between August 2008 and March 2009, there was a jump of about 1,500 MW in new geothermal projects," remarks Kara Slack, the report's author. "Interest in geothermal development continues to grow. We are seeing new entrants to the industry, in part because of new leasing by BLM and several new projects by the U.S. Navy."

According to the GEA report, Nevada, with 58 confirmed projects, has the most production under development. California is second with 27 projects, followed by Idaho, Oregon, Utah, and Alaska, respectively.

"The report shows a substantial movement of projects into the later stages of development, the permitting and construction phases," Gawell points out. "If federal and state governments give them the support and priority they need, most of these projects could be on line in a few years." GEA estimates that bringing these projects on line could help economic recovery, spurring as many as 100,000 new jobs.

GEA will have copies of the report available at their booth (#1412) at the Renewable Energy World (REW) Conference and Expo, March 10–12, in Las Vegas. In addition, Karl Gawell will be making a presentation on the report as part of the REW Panel Discussion, U.S. Geothermal Market, March 11, 1:30–3:30pm, Tropical D.

Copies of U.S. Geothermal Power Production and Development Update, March 2009 are available to download free of charge from the GEA Web site at: www.geo-energy.org .

For Further Information
Geothermal Energy Association "

[Popeye82]

Raser to build High Tech Modular Geothermal Plant in New Mexico - WOR - Mar 8, 2009

- Raser Technologies has joined with New Mexico governor Bill Richardson, former United States Secretary of Energy, to announce the beginning of the construction phase of the first commercial geothermal power project in New Mexico. -
www.worldofrenewables.com/index.php?do=viewarticle&artid=229…

"Raser Chairman Kraig Higginson introduced Raser’s geothermal power project at Lightning Dock near Animas, New Mexico along with its unique geothermal development process. Joining Mr. Higginson and Governor Bill Richardson in the announcement were other state officials including Fred Mondragon, Director of Economic Development, and Mark Fesmire, Director of the Oil Conservation Division for the State of New Mexico.

Situated at Lightning Dock near Animas, the new plant will incorporate an innovative binary liquid technology that allows it to make use of the site’s low levels of geothermal energy. If more of these modular plants are built then they could be mobilized to take advantage of over 120,000 MW of untapped low-temp geothermal energy across the US.

“In the clean energy state of New Mexico, we are working hard to bring more renewable energy online,” said Governor Richardson. “Our state has already shown leadership in developing wind and solar energy resources. Now we are proud to be one of the first states to deploy new technology with Raser, that will help unlock our geothermal resources for power production without damaging our environment.”

The power plant will be one of the first in the country to use new low temperature geothermal power generation technology in a proprietary modular power plant design by Raser Technologies. Raser teamed with UTC Power, a United Technologies Corp. company, to develop a rapid deployment strategy utilizing their new PureCycle® power generation units that are now being delivered to Raser’s project site near Animas, New Mexico. This rapid deployment strategy significantly accelerates the time-line for developing a geothermal power plant. One of Raser’s UTC Power PureCycle® modular power generation units was on display at the governor’s office in Albuquerque on its way to be delivered to the site of the Lightning Dock power plant.

Senator Jeff Bingaman, United States Senator from New Mexico and Chairman of the Senate Energy and Natural Resources Committee, stated, “I am pleased that Raser Technologies has begun construction of New Mexico’s first geothermal power plant. This marks an important step forward for utility-scale, clean, renewable energy. We should be using our geothermal assets more, and the unique technology applied to this plant will allow that to happen.”

Lightning Dock was one of many geothermal wells drilled in New Mexico over 20 years ago during the last energy crisis, but it was not hot enough to generate electric power using the technology available at the time"

Today, using new technology, this site along with many others across the state and throughout the west can become productive geothermal power plants converting available heat into electric power at a very competitive market price. The first commercial geothermal power plant in New Mexico is anticipated to begin producing 10 megawatts (MW) of clean renewable energy by early next year. Phase two of the project will expand the plant to 20-25 MW of power, enough to power nearly 15,000 homes.

Senator Pete Domenici of New Mexico, a ranking member on the Senate Energy and Natural Resources Committee, commented about the renewable energy project saying, “I’m excited about this new geothermal facility, and what it can do for our State’s energy future. If we are to meet our energy needs in the coming years, it is clear to me that we must put every available technology to use.”

Dick Clayton, Executive Vice President for Raser Technologies, commented, “We believe that the completion of this renewable energy plant over the next several months will mark the beginning of an expanding role for geothermal power in our nation’s energy future.” "

[Popeye82]

[GER] Greenearth Roadmap for Geothermal Power Plant - Australianinvestor - 23-Mar-2009
www.australianinvestor.com.au/news.asp?id=38027

"Greenearth Energy Limited has announced that further work carried out by Hot Dry Rocks Pty Ltd has lead to the development of a Hot Sedimentary Aquifer commercial model for geothermal based electricity.

The model assumes that a portion of the inferred geothermal HAS resource of 40 000PJ is available to be utilised for power generation.

The company has reported it is pleased to have the roadmap study. The next step in the development of potential geothermal power plants is the assessment by the Federal Government of the company’s January 2009 application. "
http://stocknessmonster.com/news-item?S=GER&E=ASX&N=315620

[Popeye82]

[PAX] Pre Feasibility Confirms Low Cost Power - Australianinvestor - 24-Mar-2009
www.australianinvestor.com.au/news.asp?id=38040

"Panax Geothermal Ltd has announced that an independently reviewed Pre-Feasibility study shows that the Penola Project has the potential to generate zero emission base-load power at a total cost per megawatt hour net power output of $A63.

This cost is highly coemptive with other forms of alternate energy and is similar to that of gas fired power generation. "
Pre Feasibility Confirms Low Cost Power
http://stocknessmonster.com/news-item?S=PAX&E=ASX&N=208855
Panax Power Potentially Australia’s Cheapest Clean Energy
http://stocknessmonster.com/news-item?S=PAX&E=ASX&N=208870
Penola Geothermal Information Booklet
http://stocknessmonster.com/news-item?S=PAX&E=ASX&N=208857
Presentation
http://stocknessmonster.com/news-item?S=PAX&E=ASX&N=208856

(alles Meldungen von heute)

[Popeye82]

als Reaktion auf die, eingestellten, Meldungen gab es dann auch je einen Artikel:

www.proactiveinvestors.com.au/companies/news/1075/greenearth…
www.proactiveinvestors.com.au/companies/news/1084/is-panax-g…

[tgfn]

Nevada Geothermal tut auch mal was


http://www.nevadageothermal.com/s/News.asp?ReportID=342560&_…

[Popeye82]

Greenearth Energy establishes Indonesian Geothermal Entity - Apr 6, 2009
www.greenearthenergy.com.au/reports/

[Popeye82]

hier ist noch ein Artikel, aber man sollte nicht vergessen, daß das auch immer nicht unerhebliches Marketing ist:

Greg Reid: Geothermal - The "Sleeping Giant" - The Energy Report - 04/16/2009
www.theenergyreport.com/pub/na_u/837?utm_source=streamsend&u…

"With the U.S. stimulus package in place and the politically contentious cap-and-trade program looming, one sector is poised to benefit from both measures. Calling it the "Rodney Dangerfield" of renewable energies, Greg Reid, director of Clean Technology at Wellington West Capital Markets, says geothermal doesn't get a lot of respect right now—but that's about to change. In this exclusive interview with The Energy Report, Greg discusses how the political push, and monetary allocation, for clean energy are aligning the political and social stars over geothermal.


The Energy Report: Greg, in one of your articles, you call geothermal the "sleeping giant" of renewable energy. What makes geothermal so interesting to you?

Greg Reid: I think the political and social stars are starting to align here. One of the key things is political will. You now have the governments that are pushing renewable energy. There was a lot of concern that as the economy went in the tank over the last year or so that the political will to continue to push forward on green energy initiatives would disappear.

But, given what’s happened in the U.S. with the stimulus package and the money that’s been pushed towards green energy, which includes geothermal, and given the recent draft bill put forward in the U.S. related to things like a national renewable portfolio standard and carbon credits, the U.S. government is really taking the initiative here. If you look globally, you have the successor to the Kyoto Protocol; with meetings coming up later this year in Copenhagen. Globally it now seems that being green has gone mainstream. So on the political end, the social side, it seems like things have lined up favorably for geothermal and for green energy.

TER: But geothermal currently is such a small part of the overall energy grid, whereas other renewables are higher. How would this play out over the next couple of years? Continue to be a smaller piece of the pie in a growing marketplace or will it take over from the other alternatives?

GR: I call it the "Rodney Dangerfield" of renewable energies. It doesn’t get a lot of respect right now and I think a lot of it is both education of the political leadership and the education of investors so they realize that this is a very good green resource. If you look at it in terms of the timeline that geothermal property can run for, you’re talking decades. So this is a very valuable resource in the ground; and there is a lot of it. I think the overall green market will grow, but geothermal will grow at least in line with the overall market rate.

TER: One of the downsides of geothermal is the cost of the initial drilling and building of the plants. Is there opportunity for geothermal companies who don’t already have production?

GR: Yes. The biggest challenge for the smaller developers is the lack of access to credit today and having to have a better balance sheet to get these projects going, but we’re hopeful that we’re through the worst of it and things will start to get better. If you look at some of the initiatives in the U.S.—part of the stimulus package, for example—some of these developers will be able to take advantage of getting cash grants up front in lieu of tax credits, which should kick start some of the projects.

TER: When we look at the geothermal market place, most of the interesting plays are companies who are very close to production or already producing. What is the opportunity for smaller or exploratory companies?

GR: The opportunity in this market is tough right now. The reality is, it’s very difficult to raise money to just go out for the drilling phase. It’s even tough for the guys that are later in the development phase that are ready to build. But, like we said, we believe that because of things like the stimulus package in the U.S. and the fact that I believe we’re through the worst of all the negative things in the economy, that things will slowly start to get better. That should make it somewhat easier to raise some money.

TER: If we start putting carbon credits and trading credits in, it appears that that’s going to make certain types of energy like coal and oil more expensive. And the United States is a big coal-eating machine. So will cap and trade make coal more expensive? Will the politicians acquiesce as they look at people who can’t heat their homes in the middle of winter?

GR: Yes, that’s the million-dollar question. It may be one of the most highly contentious issues that we’ll hear about this year on the political side. Obviously, you’ve got the government saying in the U.S. that they want to push cap-and-trade forward and maybe the concessions that they make to get it passed will be like what happened in Europe where a number of the allowances are given away as opposed to being auctioned off. So they’re given away to particular industries. Maybe they’re coal players, maybe they’re a steel manufacturer.

There seems to be political will, both in the U.S. and around the world, to get something like a cap-and-trade program established. The devil will be in the details.

One notable misconception is that a lot of people think that geothermal is a more expensive form of energy, but the reality is it’s more expensive than some other things up front, but when you look at it over the life of the plant, the operating costs are low and there’s no fuel price risk, so it’s actually at least as cost competitive or better than a lot of other energy sources. On that front, one of the major banks in the U.S. recently put out a report looking at the levelized cost of various energy sources and they said even with the existing incentive schemes in the U.S. with production tax credits and no carbon taxes, geothermal was the lowest cost of all energy sources—even better than coal and gas. Add in a carbon penalty and geothermal will look even better.

TER: If that’s true, why don’t we see more geothermal production facilities in transmission?

GR: I think it’s just a matter of time that you’ll start to see more and more. The reality is if you look at the industry today, there’s not a lot of public companies in North America. I think there are six or seven. Australia has a number of players, but they’re all small companies with maybe on average $5 million in cash and sub $50 million market caps. The bulk of geothermal out there today is within divisions of large companies like Chevron or divisions of national energy companies. Because of the incentives, and as people get more educated on geothermal, and especially if we get into an environment where we have carbon being taxed through a cap and trade program, then I think geothermal will start to move up the list in terms of people’s interest level.

TER: To what extent does the success of geothermal require cap and trade to be implemented? Could it be successful if that doesn’t pass?

GR: Yes. I think if it doesn’t pass, it still will be a successful and growing source of energy. Many experts believe that oil prices will rise again as the economy starts to improve. The numbers that I’ve seen, talking to various companies, was even at $40 to $45 a barrel of oil pricing, geothermal still makes sense. So cap and trade would be kind of icing on the cake to push people to geothermal and other sources even more.

TER: Will it continue to require some type of government subsidy?

GR: I think that will be one of the drivers of the industry. Besides the economics, there's timing. From when you first do surface exploration to when you actually have a plant up and running can take anywhere from four to six years. In some cases, people might be more interested in funding a wind project or solar project, which is up and running within a couple of years.

TER: What are some of the ways that individual investors can play the geothermal market?

GR: I think if you look at the Canadian-North American markets, you have your smaller players like a Polaris Geothermal Inc. (TSX:GEO), Sierra Geothermal Power Corp. (TSX.V:SRA), Western GeoPower Corp. (TSX.V:WGP), US Geothermal Inc. (AMEX:HTM) (TSX:GTH), and Nevada Geothermal Power Inc. (TSX:NGP) (OTCBB:NGLPF), and those are the smaller developing stories. Some of them have small amounts of power production today and then have other projects that, in Nevada Geothermal’s case, they’ve got 40 megawatts that will come on at the end of this year. So they’re going from development company to operating company.
Then, if you’re looking for a more liquid name, an industry bellwether, that would be a company like Ormat. The company gets about 75% of its revenues from operating geothermal plants with 20- to 25-year power purchase agreements. The other 25% of their business comes from supplying equipment to the geothermal industry. All of the other development companies, in many cases, would use technology from Ormat Technologies Inc. (NYSE:ORA).

If you look at other countries, you’ve got a number of companies in Australia as well, companies like Geodynamics Ltd. (ASX:GDY), which I think has roughly $100 million in cash and Tata Power, which is an India power company, owns a stake in them. Then you have a number of other companies like Green Rock Energy Ltd. (ASX:GRK), Hot Rock, Panax Geothermal, etc. A lot of them are in the development stage and will still need to raise significant capital to get some of these projects over the goal line. But, on the other hand, they also have energy companies that have been taking ownership positions and have been helping them get things funded.

TER: Are the ones in Australia a similar size to Polaris and Western?

GR: It’s interesting. Most of the names I mentioned are North American plays and then you have Polaris, which has around 340 megawatts or so of potential development in Nicaragua. You also have companies like Magma Energy. Two hundred megawatts is their P90 estimate and they’ve got numerous properties in Chile and Peru and North and South America.

If you look at what’s going on in Chile right now, there’s bidding for geothermal concessions in the north. I think there are seven or eight parties/consortiums that are in the bidding process. There’s not been any development that’s happened in a significant way yet in Chile, but you’ve got all these companies that are coming in to bid and eventually develop there.

And then there's between 25 and 30,000 megawatts of potential in Indonesia and you’ve got government-owned companies that have done most of the development to date. I think you’re going to see a number of international companies come in to help develop there as well.

If you look at some of the resource potential in areas like Australia and Chile and Indonesia, you’re talking a potential of tens of thousands of megawatts. In terms of resource opportunities, there’s a lot of geothermal potential out there. We’re just scratching the surface today.

TER: Well, this sounds like with all the research opportunity out there, something like Ormat would be fabulous potential for growth because they have the most experience in terms of helping to develop the facilities.

GR: Yes, they definitely do and since they’re developing and selling equipment to a lot of developers out there, they obviously get pretty good insight into what areas of the world to be in. From an investor point of view, in a market like we have, people might be more focused on owning some of the bigger names with more liquidity, so Ormat would be the "go to" name.

TER: You have three stocks that you’re currently rating as a buy. Can you talk about them?

GR: Let’s start with Polaris. We’ve got a C$1.10 target price on them. The thesis on Polaris is they operate in Nicaragua. There’s electricity shortages there. There’s been favorable government policies towards private power operators in Nicaragua and specifically for geothermal and we think they have a great resource there, which, when you put it all together, we think the economics of the projects look good. The biggest challenge the company has had is raising capital to get these projects operating.

Currently they operate about a 10 megawatt facility, which has been operational since 2005 and that has gone well. The next phase was another 24 megawatt expansion, which they’re close to getting all the financing lined up, so that could be operational within a couple of years. Overall we think they have roughly 340 megawatts of power potential from Nicaragua where they are today.

One of the interesting things about Polaris is the mixture of water and steam that comes out of the ground there is so hot that after it goes through the plant and gets converted to electricity and then goes back to get reinjected into the ground, I believe it’s still getting reinjected into the ground at 170° C. So that is hot enough to be able to run it through a binary plant again to create more power. We think the 340 megawatts could increase by up to 20% at a very low incremental capital cost.

So just by running the reinjection fluid before it goes back into the ground, they’ll run it through another binary plant and generate an additional 20%. So you could be talking more than 400 megawatts of potential out of Nicaragua. They are also involved in bidding in Chile as well, so for people that have concern about political risk in Nicaragua, they are attempting to diversify and are involved in bidding in Chile. They haven’t named the company, but I believe they’re either in partnership or in discussions with a much larger renewable energy company to help them finance and fund that opportunity there.

TER: As far as the financing for this expansion in Nicaragua, aren’t they pretty close to getting money from various international developmental companies?

GR: Yes. They just announced, actually, within the last couple of weeks, that there’s a Central American development bank that has lined up $77 million U.S. in debt financing, so I think they’ve got all the major syndicate partners lined up or very close and the expectation is that they’ll be able to access that debt within the next couple of months.

As part of that announcement, they also announced that they will be raising equity. Traditionally geothermal is typically 20% to 30% equity and then 70% to 80% debt financed, so expect that you’ll see both debt and equity financing here in the near term on Polaris.

The topic that always comes up with Polaris is the political risk in Nicaragua. The interesting thing is if you go back and look over the last 10 years, Nicaragua has privatized its energy sector and there’s been favorable laws that have come in and favorable incentives in terms of power tariffs and tax holidays for the geothermal industry. All the signals are there that the government is being friendly to international development and specifically in the power sector as well.

The next company I'll discuss is Nevada Geothermal. We’ve got a C55 cent target. We’ve launched in the last month and the stock’s had a nice little move.

We apply some probabilities to the NAV based on what stage the projects are at in development. We might have anywhere from 50 cents to a dollar target on a lot of these stocks, but we believe the true NAV of these stocks are $4, $5-plus. Over time the discount rates will come down and your risking on projects will get better as the projects move forward on development. Net, net on Nevada Geothermal, it's a company that has over 200 megawatts of development all in the western U.S., so the political risk is very low. Their first facility will come on at Blue Mountain, expected to be on-line in the fourth quarter of this year and that’s roughly a 40 megawatt net facility.

Then I think you’ll have a story where a lot of people look at it and say, well, this is one of the first developers, one of the pure play publicly traded companies of the smaller guys that’s taken a project right to operation and they’ve now got a meaningful business on the operating side as opposed to just being the development side. So maybe you get a bit of an upwards rerating on the stock from that point of view.

It is also interesting to note about many of these projects, that when you look at resource risk, several of these projects have had exploration drilling on them back in the late '60s, '70s and '80s. We’re talking millions of dollars of exploration, many wells drilled. So people have a sense of what the temperatures might already be down at 4,000 or 5,000 feet, 6,000 feet as well as if there is actually a reservoir down there. So the resource risk, once you dig into it, might not be as high as person might initially think.

That relates to the third company I want to talk about, U.S. Geothermal. Their site at Raft River used to be the site of a Department of Energy demonstration plant, I think, back in the '70s. Something like $40 million was put into drilling and building the plant by the U.S. Department of Energy. So they’ve taken over that property. They did acquire a small facility as well last year in Nevada (San Emdio). If you look at it today, they’re operating ~ 16 megawatts. Their pipeline is over 200 megawatts of potential as well, so they are on their way to developing and becoming one of these other successful developers as well. Like Nevada Geothermal, U.S. Geothermal, and Polaris, all these companies trade somewhere between .2 to .4 times price to NAV. We think if they’re successful in raising capital and getting projects towards the goal line than you could see rerating on the stocks closer to their net asset value.

TER: What’s the target on this one?

GR: C$2.50.

TER: This has been great, Greg. Sounds like there’s some real opportunities here.

Greg Reid, CFA, is director of Technology & Clean Technology Research at Wellington West Capital Markets Inc. The company provides financial advisory and equity research services, including underwriting, institutional sales and trading, investment opinions and equity transactions services. WWCM caters to mining, technology, and energy sectors. Prior to Wellington West, Mr. Reid worked in Equity research with TD Securities, Raymond James and Versant and was Portfolio manager with New Brunswick pension fund manager NBIM. "

[Popeye82]

Petratherm Energy lodges funding application for renewable energy demonstration grant - Proactive Investors - Apr 15, 2009
www.proactiveinvestors.com.au/companies/news/1245/petratherm…
www.stocknessmonster.com/news-item?S=PTR&E=ASX&N=171697

"Petratherm Energy (ASX:PTR) has advised that it has lodged a funding application under the Federal Government’s $435 million Renewable Energy Demonstration Program (REDP).

The Company, on behalf of its Paralana Joint Venture partners Beach Petroleum (ASX:BPT) and TRUenergy Geothermal, wholly owned by CLP Group has put forward a funding application for a 30 MW commercial demonstration project at its flagship Paralana project site.

The REDP is a competitive grants program designed to accelerate the commercialisation and deployment of renewable energy technologies for power generation across Australia. The REDP offers up to one-third of the eligible expenditure on successful projects with the size of project grants expected to be $50 million to The 30 MW commercial demonstration project has an estimated cost of approximately $200 million and includes network connection to the nearby Beverley Uranium Mine, just 11 kilometres away from the project site. Petratherm has sought funding for one-third of eligible expenditures.

Applications will be reviewed against merit criteria including, financial capacity to match funding, large scale deployment potential, technical strength, management capability and potential for enhancing Australia’s share of the global market for renewable energy technologies.

Petratherm and its Joint Venture partners, Beach Petroleum and TRUenergy Geothermal, consider the Paralana project to be the best commercial geothermal energy project in Australia and have submitted a compelling and competitive application built on the key attributes of the Paralana JV project, that include;

- Having a financially strong group of Joint Venture partners, with a JV structure ideally suited to REDP funding around milstone achievements; and is capable of matching grant funding on a 2:1 basis.

- A clear and unique path to commmercializtion with the potential to develop and deploy large scale, base load power to the local market (30 MW) and later the National Electricity Market (NEM) (260 MW to 520MW).

- A technically strong project that is centred on Petratherm’s Heat Exchanger Within Insulator (HEWI) model that aims to reduce cost, risk and time taken for drilling and bring forward the development of competitively priced geothermal power generation.

- Joint venture partners with complementary skills and excellent project mamangement capability needed to successfully address matters ranging from the sub-surface through to power generation and the sale of power in the National Electrcity Market.

- The potential to enhance Australia’s position in the renewable technologies, globally, through the proof of HEWI and leveraging into oveseas growth markets in Spain and China. "

[Popeye82]

Geodynamics progressing Cooper Basin Project, receives grant - Proactive Investors - Apr 16, 2009
www.proactiveinvestors.com.au/companies/news/1243/geodynamic…

"Geodynamics (ASX:GDY) has announced that Rig 100 has been successfully redeployed at Jolokia 1 and a program of works is underway to re-enter and clean out the well. Following this process, the Company will begin open-hole logging and it is expected that logging operations will conclude later in April.

Based on analysis of the logging results, the sequence of deep stimulation activities will be determined.

1 MW Pilot Plant

Update Construction of the Innamincka 1 MW Pilot Plant is complete, apart from the installation of the last two high pressure heat exchangers which arrived on site today. “Hot commissioning” is now due to commence on 27 April.

Work on the overhead power line between the 1 MW Pilot Plant and the township of Innamincka has been completed, with final connection planned to coincide with the commissioning of the 1 MW Pilot Plant.

Geodynamics has been advised it has been successful in its application for a $560,000 grant in relation to the construction of the power line, from the Regional Development Infrastructure Fund (RDIF), an initiative of the South Australian government.

Renewable Energy Demonstration Program (REDP) Application Submitted

Geodynamics is pleased to confirm that it has submitted an application for $90 million of funding under the federal government’s Renewable Energy Demonstration Program (REDP).

Following the announcement on 30 March 2008 that “Proof of Concept” has been achieved in its Cooper Basin project, the Company believes it has satisfied all of the eligibility criteria and merit criteria of the program in relation to the development of a Commercial Demonstration Plant (CDP).

The $435 million REDP is part of the federal government’s $500 million Renewable Energy Fund (REF). It is expected that grant offers will be made available to successful applicants by mid 2009. "

[Popeye82]

Da bei den Aussiejuniors immer wieder die "Federal Government Renewable Energy Development Initiative" angesprochen wird, sollte man, theoretisch, wohl auch gucken, daß ein Unternehmen da auch ein gutes Stück vom Kuchen abbekommt:

Torrens Energy Continues to Strengthen its Position as an Australian Geothermal Energy Leader - Australianinvestor, Cover Story - Apr 20, 2009

- Torrens Energy Limited is an upstream geothermal resource explorer that successfully listed on the ASX in 2007 with the fundamental commitment of discovering, delineating and testing the viability of geothermal resources. The Company’s interests are strategically positioned in highly prospective regions of Victoria and South Australia near existing infrastructure and the National Power Grid. -
www.australianinvestor.com.au/magazine.asp?id=3267

"Since its IPO, the Company has made a substantial amount of progress and has even led to the world’s first code compliant geothermal resource, which it believes will evolve into a leading Australian geothermal resource for future renewable power generation. Currently, it is one of Australia’s largest GEL tenement holders with over 20,000 sq km.

Torrens Energy’s progress is also reflected by its recent release of significant results from heat drilling at its wholly owned Port Augusta Project.

Mr. John Canaris, Torrens Energy’s Executive Director explained to the Australian Investor, “The discovery of high heat flow – which surpassed our expectations - at Port Augusta represents an exciting new development in Torrens Energy’s heat mapping programme.

“These temperatures are well above those currently being exploited in Europe, which when combined with commercial benefits created by seawater cooling and market access, make for a leading Australian geothermal play.”

The Port Augusta Project will be a main priority for Torrens Energy during 2009, with follow-up exploration and drilling planned. The Company will also continue its systematic exploration of its assets.

According to Mr. Canaris, Torrens Energy has a number of important attributes that will contribute to its future development.

“One of the Company’s competitive advantages is the unique combination of an innovative exploration methodology (3D-TFM), prospective geological setting and proximity of geothermal exploration licenses (GEL) to the National Power Grid and supporting infrastructure,” Mr. Canaris informed the Australian Investor, “The close proximity to the grid significant reduces our development costs.”

Another positive attribute is its strong cash position with approximately $6.8 million in the bank as of December 2008.

“In addition to this cash position we have obtained a $3.1 million, renewable Federal Government Renewable Energy Development Initiative grant,” Mr. Canaris told the Australian Investor, “This grant has enabled us to maintain our strong cash reserves and reflects the support of the government.”

In addition to support from the government, the Company has also secured strong interest from a range of Australian and international institutional and retail investors - highlighting considerable confidence in Torrens Energy’s business model and management.

“Further reflecting this support, we have attracted AGL Energy as a development partner, who through their power infrastructure development experience, resources and power marketing experience, will be a valuable partner for Torrens Energy,” Mr. Canaris noted, “Another advantage of AGL is that it has South Australia’s largest retail energy and dual fuel consumer base.”

Mr. Canaris concluded, “We believe the future outlook for Torrens Energy is very positive – we are a Company on the move! We intend to maintain our solid technical and financial position through continued project success, and industry partnerships”.

“Since listing the Company - in less than two years - we have established ourselves as an Australian geothermal industry leader, by way of our large strategic land position, fast moving exploration achievements and technical leadership. We will continue to leverage off this track record to maximize the potential value represented by our position for our shareholders.” "

[tommy-hl]

Apr 22, 2009
Western GeoPower Corp.: South Meager Testing Demonstrates Potentially Commercial Permeability

Western GeoPower Corp., a renewable energy company, today announced that independent consultants GeothermEx, Inc., have recommended a drilling program at the South Meager geothermal reservoir to target a recently-identified zone of high permeability which has demonstrated commercial potential.

Reporting on the results of airlift-assisted flow-testing of well MC-8, GeothermEx projected that a new deviated well starting from a lower wellhead elevation into the same permeable zone and at a much shorter vertical depth than well MC-8 would flow at the equivalent of more than 6 megawatts (MW) of electrical energy. Well MC-8 itself was unable to sustain self-flow following air lifting due to physical constraints imposed by the deep water table.

To access the zone of permeability, GeothermEx has designed a deviated well starting from the valley floor with a projected true vertical depth of 1,660 meters and a total wellbore length of less than 2,000 meters. Wellbore simulation indicates that this well could flow at the equivalent of 6.4 MW of electrical output at a wellhead pressure of 140 psig. If the reservoir fluid encountered by this new well is at a greater temperature than the temperature measured in MC-8, or should the well be drilled deeper than the targeted 1,660 meters, the megawatt capacity of the well could increase accordingly.

"The recent flow testing has corroborated our earlier projection of high temperature, reasonable permeability and a deep water table at South Meager," said Dr. Subir Sanyal, President of GeothermEx. "While a deep water table has limited the well's productivity, commercial productivity can still be achieved in a well drilled from the valley floor and targeted to the permeable zones in wells MC-8 and MC-6."

Several excellent and easily-accessible locations for new drill pads are available on the valley floor with ready access to the permeable zones in MC-8 and MC-6. The Company intends to commence the permitting process for the future wells once the snow has cleared sufficiently to allow surveying of the sites.

"Our understanding of the geothermal reservoir characteristics at South Meager has increased substantially," said Kenneth Macleod, President and CEO of Western GeoPower. "We can now focus on securing the funding and permitting necessary to complete the drilling program and prepare a feasibility report on the project."

In 2004 and 2005, wells MC-6, MC-7 and MC-8 were drilled on a single pad approximately 700 vertical meters above Meager Creek on the shoulder of Pylon Peak. The pad was located closer to the projected upflow zone of the geothermal reservoir in comparison with earlier pads located on the valley floor. Subsequent testing confirmed that two of the wells, MC-6 and MC-8 encountered significant permeability and all three wells showed higher temperatures at shallower depth than previous wells. However, the presence of the geothermal water table at over 500 meters below the pad has inhibited the ability of the recent wells to self flow. The wells are being maintained for additional testing purposes and future enhancements are being considered, such as deepening and/or sidetracking, once additional permeable targets are identified by future drilling activities. Further drilling is required to define the full commercial power production potential for South Meager.

Western GeoPower continues to liaise with provincial government agencies and key community and First Nations stakeholders in preparation for submission of an Application for Certification of the South Meager project under the BC Environmental Assessment Act. The Company also is actively engaged in soliciting federal funding for project development and working directly with the British Columbia government on the updating of provincial geothermal legislation and regulations.

About Western GeoPower Corp.

Western GeoPower Corp. is a renewable energy company dedicated to the development of geothermal energy projects for the delivery of clean, sustainable, baseload electricity generation. The Company is developing The Western GeoPower Unit 1 geothermal power plant at The Geysers Geothermal Field in California, United States and the South Meager Geothermal Project in British Columbia, Canada.

On behalf of the Board of Western GeoPower Corp

Kenneth MacLeod, President & CEO

[Kattschinski-Bruder]

wie wäre es mit einer Übersetzung?

[Popeye82]

[GDY] Geodynamics commits $5 million to geothermal technology - Australianinvestor - 23-Apr-2009
www.australianinvestor.com.au/news.asp?id=38370

"Geodynamics has committed $5 million over a five year period to accelerate the development of geothermal technology.

The company has reported that the concept is now proven and it is timey to start refining the technology.

The funding is the basis of the Geothermal Technology Plan and is designed to leverage private and public sector funding and rapidly progress geothermal technology development requirements. "
www.stocknessmonster.com/news-item?S=GDY&E=ASX&N=209674

[Popeye82]

Panax Geothermal gets Australian Government grant of A$7m to drill production well, Penola Trough - Proactive Investors - Apr 21, 2009
www.proactiveinvestors.com/companies/news/1273/panax-geother…

"Panax Geothermal Ltd (ASX:PAX) has been awarded a grant of $7 million under the Commonwealth Government’s Department of Resources, Energy and Tourism (“DRET”) “Geothermal Drilling Programme” for the drilling of a production well in the Penola Trough in South Australia.

The successful outcome of "our grant application is regarded by the Panax team as recognition of the overall merits and scope of the Penola Project, which is part of the broader Limestone Coast Geothermal Project area."

The quality and the advanced status of the Penola Project is under-pinned by a “Measured Geothermal Resource” of 11,000 PJ*), the largest known in Australia.

A recently completed pre-feasibility study has shown that this project has the potential to generate low cost zero emission base load power at a total cost (Capital and Operating) of $63 per MWh.

Panax has secured a contract drilling rig, which is scheduled to spud its first production well, “Salamander -1” in September, 2009.

The Company is confident that the Penola Project could become the first, grid-connected commercial demonstration plant in Australia.

Proactive Investors Comment:

The $7m grant underpins the funding and drilling of Panax's first production well. Receiving the grant and funds completes the missing link for Panax. In the lead-up to the spudding of the well, and beyond it looks like Panax is in for some exciting times ahead. "

[Popeye82]

Southern Gold - to define Geothermal Resource - May 4, 2009
www.stocknessmonster.com/news-item?S=SAU&E=ASX&N=171940

[Popeye82]

Petratherm - $63 Million Renewable Energy Demonstration Program Update - May 14, 2009
http://stocknessmonster.com/news-item?S=PTR&E=ASX&N=172139

[Popeye82]

Tories pledge support for deep geothermal energy projects - NewEnergyFocus - May 15, 2009
www.newenergyfocus.com/do/ecco.py/view_item?listid=1&listcat…

"Tory leader David Cameron has pledged support for deep geothermal energy projects that could bring jobs to mining areas in Cornwall, Yorkshire and the North East.

Mr Cameron was visiting Cornwall yesterday to find out about the potential for so-called "heat mining", which experts believe could offer 10% of the country's energy needs.

The Opposition leader said that if his Party took office after the forthcoming election, he would provide "generous incentives" to get deep geothermal technology going in this country.

The UK already boasts world-leading expertise in the field, contributing to international efforts to bring the technology to a commercial footing.

Cornwall is set to host a 3MW demonstration project that could pave the way for a series of 50MW commercial-scale geothermal power stations in suitable areas across the country.

Mr Cameron said: "We will introduce incentives to kick-start investment in this technology, creating green technology jobs and generating low carbon electricity for the UK."


Technology

Deep geothermal energy projects involve drilling down to around 5km below ground level, where granite rocks are hot enough to heat water to 200 degrees centigrade. Water is then pumped down into the rocks, before returning to the surface as steam that can drive a steam turbine to generate electricity.

Still in its infancy, the technology is most proven where there are already underground hot water reservoirs in the form of natural aquifers - but these rock formations are not common in the UK.

But, modern engineered geothermal systems (EGS) mean natural aquifers are not needed - with the right drilling, high-pressure water can be used to force open cracks in the rock to create space for artificial reservoirs to heat water for energy generation.

Experts believe geothermal power stations could provide valuable "baseload" electricity, since they operate round the clock with little down-time.

Research suggests Cornwall, Yorkshire and the North East are particularly suited to deep geothermal energy projects

Developers of the Cornwall project, EGS Energy, say the plants can be as much as 70% efficient, using up to 30% of the energy generated to drive the system.


"Catch-up"

Geothermal projects are already eligible for double subsidies under the government's Renewables Obligation system, but Mr Cameron said that with a working geothermal plant already operating at Landau in Germany, Britain "needs to play catch-up".

The Conservatives' leader promised the fledgling geothermal industry the "shot in the arm it needs to get going", both through the ROC system and by offering guaranteed electricity prices for small-scale projects.

This would effectively follow along similar lines to the feed-in tariffs for renewable electricity projects below 5MW in scale, currently being devised by the Department of Energy and Climate Change for introduction in April 2010.

Feed-in tariffs for renewable heat are not expected to be introduced before April 2011. "

[Popeye82]

[WAS] Wasabi Increases Interest in Global Geothermal Ltd - Australianinvestor - 18-May-2009
www.australianinvestor.com.au/news.asp?id=38585

"Wasabi Energy Limited has agreed to purchase a further 27.6 per cent of Global Geothermal Limited, the IP owners of the Kalina Cycle waste and geothermal technology, for $US2 million.

This purchase increases the Company’s direct stake in GGL to 92.3 per cent.

The Company has paid an initial $US100 000 to the sellers, with a further $US900 000 due within 90 days. "
www.stocknessmonster.com/news-history?S=WAS&E=ASX&Year=2009

[Popeye82]

Panax Geothermal drilling rig arrives for Penola Project in South Australia - Proactive Investors - May 18, 2009
www.proactiveinvestors.com/companies/news/1471/panax-geother…

"Panax Geothermal Ltd (ASX:PAX) has announced the arrival in Australia of the contract drilling rig that will be used for its first deep production well at the company’s Penola Project in South Australia’s Otway Basin.

Panax Managing Director Dr Bertus de Graaf said the Company was on schedule to start drilling its Salamander 1 well in September, 2009.

“This is expected to lead to the development of a national electricity grid connected demonstration plant by late 2011,” he said.

Dr de Graaf said the new ‘Lightning’ rig owned by United States-based Weatherford International Drilling had been unloaded at Port Pirie in South Australia.

“Following the completion of another drilling assignment, it will be mobilized to the Limestone Coast area for drilling a 4,000m deep production well, Salamander 1, as part of the Penola Project,” he said.

Dr de Graaf said Salamander 1 will be the first well to test a conventional geothermal resource in
Australia.

“Salamander 1 targets a hot sedimentary aquifer (HSA) in sandstones of the Penola Trough. Unlike other geothermal systems, tests to establish an economic geothermal reservoir at the Penola Project can be carried out from a single well.”

An independent pre-feasibility study has shown Panax’s Penola Project has the potential to generate cheap clean energy for Australia.

“The Penola Project has the scope to be of national significance in the quest to reduce carbon emissions through providing competitively priced, zero emission, base-load power,” Dr de Graaf said.

“The fact that this project has a ‘Measured Geothermal Resource’ of 11,000 petajoules (PJs) adds to the considerable scope of the Penola Project.”

Dr de Graaf said the Penola Project’s close proximity to the National Electricity Market Management Company (NEMMCO) power grid increased its potential.

“The Penola Project represents a unique opportunity for the development of a hot sedimentary aquifer geothermal project in Australia and has the potential to power hundreds of thousands of homes,” he said.

The Penola Project in GEL223 covers an area of 493 sq km and is part of Panax’s larger Limestone Coast Geothermal Project, which covers a total area of 3,127 sq km. Panax’s focus is on exploring exisiting reservoirs containing hot geothermal fluids.

than hot fractured rock geothermal projects and a much shorter development time.

Profile
Panax Geothermal is a pure geothermal company with access to some of the worlds most promising geothermal assets. As climate change projections worsen, Panax Geothermal is well positioned to commercialise sustainable sources of base-load energy, powered from the Earth. "

[zeitklau]

Antwort auf Beitrag Nr.: 32.767.886 von HuskyEnergy am 14.12.07 17:14:30

WKN: 783057

[Popeye82]

US-Energieministerium stellt 467 Millionen USD für Geothermie und Solarenergie bereit - Goldinvest - May 28, 2009
http://goldinvest.de/public/story_detail.asp?l=&c=10,20020&i…

"US-Präsident Obama gab gestern bekannt, dass die Regierung der Vereinigten Staaten mehr als 467 Millionen Dollar bereitstellen wird, um die Entwicklung, den Einsatz und die Nutzung von Geothermie- und Solarenergie in den USA zu erweitern und zu beschleunigen. Diese Mittel stellten eine substanzielle Zahlung dar, die der Geothermie- und Solarbranche helfen werde, technische Hürden zu überwinden sowie neue Technologien zu demonstrieren. Zudem sollten auf diese Weise bestehende Jobs gesichert und neu geschaffen werden.

Insgesamt 350 Millionen Dollar stehen für Investitionen in die Geothermie bereits, was die bisherigen Zuwendungen der US-Regierung in diesem Bereich geradezu winzig erscheinen lässt. Die Mittel werden dabei auf vier Bereiche aufgeteilt: geothermische Demonstrationsprojekte (140 Mio. USD); Forschung und Entwicklung fortgeschrittener Geothermiesysteme (Enhanced Geothermal Systems, EGS, 80 Mio. USD); innovative Explorationstechniken (100 Mio. USD) und ein nationales System geothermischer Daten, Ressourcenschätzungen und Klassifizierung (30 Mio. USD).

Einen ausführlichen Bericht zu diesem Thema in englischer Sprache stellen wir Ihnen im Folgenden zur Verfügung. "

[Popeye82]

[SAU] Inferred Geothermal Resource - Australianinvestor - 2-Jun-2009
www.australianinvestor.com.au/news.asp?id=38756

"Southern Gold Limited has successfully established a large Geothermal Resource within GEL302 in South Australia.

A 260 000 PJ Inferred Geothermal Resource has been estimated on GEL 302.

According to the company the large Geothermal resource confirms that the heat flows measured by Southern Gold on the Roxby Geothermal Project, provide a strong basis to progress investigation toward commercial development of a Engineered Geothermal System. "
www.stocknessmonster.com/news-history?S=SAU&E=ASX&Year=2009

[Popeye82]

Eden Project in deal for pioneering geothermal energy plant - NewEnergyFocus - Jun 2, 2009
www.newenergyfocus.com/do/ecco.py/view_item?listid=1&listcat…

"The Eden Project in Cornwall looks set to host the UK's first commercial geothermal power plant, generating both electricity and heat from hot rocks deep underground, writes James Cartledge.

Speaking at a reception in the House of Lords, the Eden Project outlined hopes to build a plant that would generate 3MW of power and "several" megawatts of heat energy.

The project could be delivering renewable energy by 2012.

The visitor attraction at an old clay quarry at Bodelva, near St Austell, has seen 11 million people coming through its doors since 2001, but decided last year to become "energy independent".

The organisation decided against a proposed wind turbine project at the start of this year because of local opposition.



But, announcing a partnership with geothermal pioneers EGS Energy last night, Eden's chief executive Tim Smit said that since it has a minimal visual impact, geothermal technology already had the local support in Cornwall that wind energy did not.

Commenting on the geothermal project last night, Mr Smit said the technology was "fantastic", adding: "I really hope we can start a revolution in Cornwall that makes the rest of the country sit up and take notice."

The heat-mining technology - known as engineered or enhanced geothermal systems (EGS) - involves creating a reservoir up to 5,000 metres underground by pumping high-pressure water down into the granite to force open cracks in the rock.

Once a reservoir is created, water can be circulated down into the reservoir to be heated up to 200 degrees centigrade, then back up to the surface to drive a steam turbine to generate power.

Cornish caviar?

After a signing a memorandum of understanding last week with Penzance-based EGS Energy to develop the project together, the Eden Project told New Energy Focus last night that the project would "smash" its heating and electricity needs, offering a substantial surplus.

Matt Hastings, the organisation's energy manager, explained that surplus electricity could be exported to the grid, while surplus heat could be used in for a variety of possible applications.

Mr Hastings said: "The plant will generate about 22 GWh of electricity a year - about four to five times the electricity we need, and it would generate 200GWh of heat, seven to 10 times more heat than we need.

"We're thinking about what we could do with that heat. Perhaps we could establish a geothermal spa, or develop some form of aquaculture to cultivate Cornish caviar. There's also the opportunity to grow out-of-season fruit and vegetables, saving things like tomatoes from being shipped in from Africa," Mr Hastings explained.

Licensing

The Eden plant would follow on from the world's first commercial engineered geothermal power plant, the 3.8MW facility at Landau in Germany.

It would need to secure planning permission and suitable environmental permits, while EGS also hopes the government will establish a licensing system similar to that in the oil and gas industry whereby projects would need licences to draw up energy from underground.

A licensing system would be a "requirement" to attract significant private investment into the geothermal arena, EGS Energy said.

EGS chief executive Guy Macpherson-Grant said last night that discussions are underway with a number of other partners with hopes of establishing plants elsewhere in the UK following on from the Cornish project. Other suitable granite rock formations are located in areas like the north of England, where geothermal plants could be established.

"We believe EGS can be made to industrial scale and controllable, and that there's a huge baseload and peak load of energy available - offering both renewable energy and zero emissions," he said.

A number of partners are now working with EGS to develop its geothermal project, including BESTEC GmbH, the drilling specialists behind the Landau plant, reservoir management firm altcom Ltd as well as generating technology providers ORMAT.

Other firms including Capita Symonds, Golder Associates and Wardell Armstrong are also set to work with the project.

Support

EGS Energy believes Cornwall alone has enough power potential in its underground granite to supply 10% of the UK's power needs, but deep geothermal technology is still at its early stages of development even though it was demonstrated in Cornwall as far back as the 1980s.

The so-called Hot Rocks project was not taken forward because of a lack of financial support, but the current revival in the deep geothermal technology has come on the backs of improvements in drilling technology that could make it more commercially attractive. Australian firm Geodynamics said last night the technology was already seen as competitive with nuclear power, and more competitive than traditional coal or oil power.

Speaking in the House of Lords, Liberal Democrat energy spokesman Lord Teverson backed the technology, and said he believed the UK government was now interested in the technology's potential.

The peer said: "The Department of Energy and Climate Change is getting some real interest in this technology. It's at a really exciting stage - it's not short-term, but could be something that helps towards our 2020 renewable energy target."

Industry insiders at last night's event told New Energy Focus that the big energy companies were now taking interest in the possibilities that geothermal technology might hold, but the big question would be whether the 1-3MW pilot plants being developed could be upscaled to generate large amounts of energy.

Roy Baria, EGS Energy's technical director, said when the technology moves towards maturity, plants capable of generating 25-50MW of power would become the norm.

Plants would have lifespans of 25-30 years, he said, before the heat in the local underground granite reserve becomes depleted.

"In America, President Obama has just released $400 million for engineered geothermal systems, while countries like China and Korea are also looking into the technology - so the race is on to develop this," Dr Baria said. "

[Popeye82]

Panax Geothermal aims to become first Australian geothermal power producer with placement - Jun 16, 2009
www.proactiveinvestors.co.uk/companies/news/6175/panax-geoth…

"After successfully tucking away $7 million from receipt of an Australian Government Grant, leading Australian geothermal developer Panax Geothermal (ASX: PAX) has upped the ante - by launching a capital raising - via a placement to institutional and sophisticated investors and a 1 for 4 accelerated non-renounceable entitlement offer at 13 cents per share.

The offer is designed to raise A$9.3 million. Funds will be used in tandem with the allocated drilling grant to fund the drilling of the Salamander-1 well at the 100% owned Penola Project in South Australia, leading to the establishment of a geothermal reserve, ready for development. A contract rig has been secured and drilling of the well is scheduled for 2nd half of 2009.

The Penola demonstration plant (6.7MWe gross) is targeting to become the first grid connected geothermal power plant in Australia.

Panax's key project (Penola) is located in Limestone Coast Region of South Australia and close to electricity infrastructure. It is one of two Australian companies with a ‘Measured Resource’ (AGEA code) of 11,000 PJ, sufficient for 100’s of MW’s of power generation. Independently reviewed pre-feasibility study shows Penola Project could generate low cost power (total cost of A$63/MWh)

Panax’s Managing Director, Dr Bertus de Graaf said that after the capital raising Panax will have approximately $22 million in available cash, including the recently signed A$7 million GDP grant from the Federal Government.

The funds will "enable Panax to complete the Salamander-1 production well and to undertake reservoir testing with the aim of establishing a geothermal reserve in Q1 CY2010. The capital raising will put Panax in a strong position to become the first grid-connected geothermal power plant in Australia."

The Penola Project represents a commercially attractive development proposition on pre-feasibility study parameters. As the project advances, further meat will be able to be put on this bone. “Measured Geothermal Resource” is 11,000 petajoules (PJs), based on a significant database of existing petroleum wells which have intersected the productive reservoir and 3D seismic data. The pre-feasibility study indicated 1,000 PJs is sufficient to power a 100 MW power station for 30 years.

The strategy is for Salamander-1 to be the first well to demonstrate conventional geothermal energy in Australia. A drilling slot is secured for September 2009 and well design is completed.

Additional milestones:

- Negotiations with joint venture parties – H2 CY2009;
- Complete Salamander-1 well – Q1 CY2010;
- Complete flow test (conducted by SKM) – Q1 CY2010;
- Book geothermal reserve – Q1 CY2010.
- Grid connected Demonstration Plant – 2nd half 2011;
- Opportunity to accelerate commercialisation from smaller “off-the-shelf” modular plant.

With Panax CEO Bertus de Graf, incidentally a founder of Geodynamics Ltd (ASX: GDY), the force behind Panax, you would not want to take too many bets on the milestones not being achieved.

Profile
Panax Geothermal is a pure geothermal company with access to some of the worlds most promising geothermal assets. As climate change projections worsen, Panax Geothermal is well positioned to commercialise sustainable sources of base-load energy, powered from the Earth. "

[Popeye82]

IPO von Magma Energy erheblich überzeichnet - Goldinvest - Jun 25, 2009
http://goldinvest.de/public/story_detail.asp?l=&c=10,20020&i…

[Popeye82]

GRK to develop WA`s first geothermal energy project - Jul 2, 2009
www.stocknessmonster.com/news-item?S=GRK&E=ASX&N=451698

[Popeye82]

ist allerdings ganz schön im Marketing-Style gehalten :

Sierra Geothermal to Benefit From Stimulus Spending - MidasLetter - Thursday, July 2nd, 2009

- James West -
www.midasletter.com/news/09070201_Sierra-geothermal-to-benef…

"For some companies, the global recession will be a catalyst for enhanced growth. Sierra Geothermal Power Corp. (TSX.V:SRA) expects to capitalize on the renewed impetus for green power sources that both the recession and the election of Barack Obama have inspired.

Another result of the global recession, or rather, its inciting event, was the stock market meltdown that has taken the prices of equities in the green power space to their lowest levels ever. And that is the opportunity for investors who want to incorporate the upside from the green energy future into their portfolios.

On May 27th this year, President Obama announced an investment of over $467 million under the auspices of the American Reinvestment and Recovery Act to expand and accelerate the development, deployment, and use of geothermal and solar energy throughout the United States.

“We have a choice. We can remain the world’s leading importer of oil, or we can become the world’s leading exporter of clean energy,” said President Obama. “We can hand over the jobs of the future to our competitors, or we can confront what they have already recognized as the great opportunity of our time: the nation that leads the world in creating new sources of clean energy will be the nation that leads the 21st century global economy. That’s the nation I want America to be.”

Ian Tharp, senior analyst of cleantech and renewable energy with Toronto-based Dundee Capital Markets, noted in a recent report released that Canadian-listed geothermal companies with projects in the U.S. are likely to benefit from the stimulus, including U.S. Geothermal, Nevada Geo, Western GeoPower and Sierra Geothermal, because of the proposed extension of the eligibility period for receipt of the renewable energy Production Tax Credit.

The proposed stimulus package also includes a three-year extension of the production tax credit. This would mean the credit for wind energy would expire in 2012, while incentives for geothermal and other industries will remain in place through 2013.

The Recovery Act gives preference to activities that can rapidly assist in economic recovery. The Department of Energy (DOE) states that it will give “special consideration … to projects that promote and enhance the objectives of the [Recovery Act], especially job creation, preservation and economic recovery, in an expeditious manner.” Therefore, Sierra believes that having a completed environmental assessment (a process which can take more than two years) will be a key differentiator in the DOE’s assessment of grant applications as it will allow grant applicants to commence their proposed work programs sooner. Sierra has three projects with completed environmental assessments and a fourth project with its environmental assessment nearing completion.

Gary R. Thompson, President and CEO, said, “We are extremely excited about this opportunity and applaud the Obama Administration on this program that has stimulated interest in the geothermal space and should accelerate the pace at which clean, renewable geothermal megawatts are brought online. We believe we are well-positioned to meet the objectives set forth by the DOE. For example, with several of our projects ‘drill-ready’, we are prepared to quickly put grant funding to work, meeting one of the DOE’s criteria for selecting projects.”

Sierra Geothermal announced its intention to make an application for funds under this plan earlier this month.


What is Geothermal Power?
Electricity from geothermal energy was first produced commercially in 1911 in Larderello, Italy. This facility expanded into major production in the 1930’s and continues to generate power to the present day.

Geothermal power (from the Greek roots geo, meaning earth, and thermos, meaning heat) is power extracted from heat stored in the earth. This geothermal energy originates from the original formation of the planet, from radioactive decay of minerals, and from solar energy absorbed at the surface. It has been used for space heating and bathing since ancient roman times, but is now better known for generating electricity. About 10 GW of geothermal electric capacity is installed around the world as of 2007, generating 0.3% of global electricity demand. An additional 28 GW of direct geothermal heating capacity is installed for district heating, space heating, spas, industrial processes, desalination and agricultural applications. Geothermal power is cost effective, reliable, sustainable and environmentally friendly source of energy. Geothermal power has the potential to help mitigate global warming if widely deployed instead of fossil fuels. Geothermal is the only renewable energy that could replace coal or nuclear power.


Sierra Geothermal Power’s Project Lineup

With over 90,000 acres of geothermal properties in Nevada and California, Sierra Geothermal Power’s projects have a combined total estimated capacity of nearly 600MW. The company divides its assets into tiers, and describes Tier 1 projects as “properties that have had a significant amount of exploration drilling completed and are classified as at the pre-feasibility and production drilling assessment stage.”

Four of Sierra Geothermal’s projects are in the Tier 1 category, and an additional 12 projects are classified as “Tier 2” projects. Tier 2 is characterized as properties where previous exploration work has identified significant geothermal potential through geophysics, temperature gradient drilling and geothermal surface features. In addition to possessing geothermal potential, all of Sierra Geothermal’s projects are located within close proximity to transmission infrastructure.


Shares Too Cheap?
From a high of CA$0.90 at the beginning of 2008, shares in Sierra Geothermal Power have been beaten down hard during the market meltdown, with the announcement in June by Barack Obama making barely a ripple in the company’s valuation landscape.

“In light of the recent market meltdown, Sierra has been reduced in its valuation significantly. Given the recent announcement from the new U.S. administration, the U.S. Department of Energy stimulus incentives range from low cost loan guarantees, cash grants for exploration and production tax credits which, for geothermal power specifically are, we think, a game changer for the space. We are starting to see a number of stars aligning for the geothermal power space in general, said Thompson.

“The plan right now is to advance our prefeasibility stage projects to bankable feasibility, we’re talking around 200 MW of potential power generation just from our top four projects combined, we’re targeting 50 MW coming on line in 2012, and between 2012 and 2015, we hope to have the full 200 MW up and running. So in terms of cash flow, 30 MW generates about $25 million a year but this depends on the power sales contract and other project specifics, so by 2012 we’re looking at just over US$40 million a year, and by 2015, that should grow to $160 million a year in gross cash flow. There a number of project specifics that can change the economics just as there are in any resource development projects. Our strategy is to have a complete range of projects at each stage of development, power generation, construction, advanced stage, intermediate stage and early exploration stage projects so that we can have a reasonably steady flow of new generation coming on line year after year providing growth and value to shareholders.”

So you can see how it starts to build quite rapidly having the right projects, and you can see where our market cap is around $20 million right now, this is a major disconnect.

The general market doesn’t understand geothermal power yet – it's certainly not mainstream, even in the green tech space – but there are a number of analysts just starting to climb the learning curve and the space is gaining momentum.

Here you have a resource that effectively produces cash flow forever, at a 25% return on equity – why wouldn’t you want to have this in your portfolio?”

Exactly. Why wouldn’t you?

Learn more about Sierra Geothermal Power at the company’s web site http://www.sierrageopower.com.

Also, learn in person and join Sierra Geothermal Power Corp for a presentation and reception on Wednesday, July 15th, 2009 at 2:00 pm at the Fairmont Hotel Vancouver, 900 West Georgia St., Waddington Room. Call 778-960-6553 to RSVP.

SOURCE: www.midasletter.com/news/09070201_Sierra-geothermal-to-benef… "

[Popeye82]

Fivefold increase in acreage gives Southern Gold dominant
geothermal position between Olympic Dam &Port Augusta - Jul 6, 2009

Highlights

+ 18 new Geothermal Exploration Licences (GELs) granted in SA

+ Delivers for first time, total of 22 contiguous blocks dominating key mining, exploration and electricity grid corridor between Olympic Dam and Port Augusta

+ Provides 500% increase in Roxby Geothermal Project (RGP) acreage

+ Total RGP holding includes a 260,000 PJ Inferred geothermal resource

+ RGP’s location overlaps 275Kv high voltage power lines linking Olympic Dam and Prominent Hill mines to SA’s power hub at Port Augusta

+ Southern Gold is preparing application for $7 million Federal geothermal grant
www.stocknessmonster.com/news-item?S=SAU&E=ASX&N=172888

[Popeye82]

damit jetzt Total bei 84.000PJ:

Panax Geothermal - Australia`s second HSA Measured Geothermal Resource - Jul 7, 2009
www.stocknessmonster.com/news-item?S=PAX&E=ASX&N=211795
www.stocknessmonster.com/news-item?S=PAX&E=ASX&N=211804

[Popeye82]

[KEN] Completion of Surface Heat Flow Program - Australianinvestor - 8-Jul-2009
www.australianinvestor.com.au/news.asp?id=39128

"KUTh Energy Ltd has completed a two-year, systematic, surface heat flow estimation program across two of its three Tasmanian tenements, SEL 26/2005 and SEL 45/2007.

The company has reported that surface heat flow data clearly indicates the existence of a significant thermal anomaly in central Eastern Tasmania.

KUTh is continuing to develop the Tasmanian project on the basis of these positive results, marking additional progress toward commercial electricity generation. "
www.stocknessmonster.com/news-item?S=KEN&E=ASX&N=556246
www.stocknessmonster.com/news-item?S=KEN&E=ASX&N=553920

[Popeye82]

Think GeoEnergy
http://thinkgeoenergy.com/

Ist würde ich sagen eine ganz gute Seite, um ein paar Sachen im Bereich Geothermie im Auge zu behalten.

[Popeye82]

Panax Geothermal now owns two of three geothermal resources in Australia - Proactive Investors - Jul 7, 2009
www.proactiveinvestors.com.au/companies/news/1919/panax-geot…

"In a significant milestone for Panax Geothermal (ASX: PAX) investors, the company has increased its measured geothermal resource base to 22,000 Petajoules (PJ).

The reason? An independent asssessment has measured the geothermal resource at its Tirrawarra Project in GEL281 in the Cooper Basin in South Australia at 11,000 PJ.

Put it in perspective, approximately 150 PJ of the Tirrawarra Project’s resources would be sufficient to generate 20 Mega Watts (net) of electric power for 30 years.

Combine Tirrawarra's resources with the 11,000 PJ at the Penola Project in South Australia’s Otway Basin - and Panax currently owns two of Australia’s only three measured geothermal resources.

Clearly, this is significant in any analysis for a (geothermal) company under 18 months of existence.

Tirrawarra project is located in a relatively remote location, about 35km north of Moomba in South Australia’s Cooper Basin – Australia’s main on-shore gas and oil processing facility.

Panax CEO Bertus de Graf said, “most of the exploration risk normally associated with Inferred Geothermal Resources has been eliminated. Ownership of these two advanced geothermal opportunities puts Panax in a leading and unique position as a geothermal exploration and development company in Australia.”

Interestingly, Tirrawarra has a further 30,000 PJ indicated, combining to make a total of 41,000 PJ.

Investors may recall that both projects are based on Hot Sedimentary Aquifers (HSA), which use the energy stored in hot water contained in existing aquifers or reservoirs to generate power.

The development of HSA projects is considered faster because it targets hot water contained in existing reservoirs (aquifers). In contrast with Hot Fractured Rock (HFR) Geothermal Resources, HSA Geothermal Reserves can be established by drilling only one well, which can subsequently be utilized as a production well.

Once flow rates are established, HSA projects can be developed using commercial, off the shelf binary geothermal power plants.

It is planned that geothermal power from the Tirrawarra Project may replace costly diesel power generation which is widely used in the oil and gas production in the region.

Panax is applying to the Commonwealth’s Geothermal Drilling Program for a $7million grant for drilling a production well in the Tirrawarra Project.

Anticipation should begin to build with the first production well, Salamander 1, at the Penola Project in the Limestone Coast region of South Australia due to spud in September, 2009. "



P.S.: Ihr könnt auch ein paar Meldungen reinstellen , ich tu mich allerdings mit Interpretationen noch recht schwer, da es mir doch noch an Durchblick mangelt.

Gruß,
Popeye

[Popeye82]

abgesehen davon, dass es kaum Geothermieunternehmen mit Resourcen gibt, dürfte KUTh Energy damit jetzt mit Southern Gold die größte Resource Australiens haben:

[KEN] Tasmania’s First Inferred Geothermal Resource - Australianinvestor - 14-Jul-2009
www.australianinvestor.com.au/news.asp?id=39176

"KUTh Energy Limited has reported results of an independent assessment of the company’s Charlton-Lemont geothermal play, part of KUTh Energy’s main Tasmanian tenement, SEL 26/2005.

The assessment estimates an Inferred Geothermal Resource of 260 000 petajoules (PJ) and is the first Inferred Geothermal Resource identified for Tasmania. "
www.stocknessmonster.com/news-item?S=KEN&E=ASX&N=556990
www.stocknessmonster.com/news-item?S=KEN&E=ASX&N=556991

[Popeye82]

Geothermal Getting Hotter! - Wellington West Capital Markets - "$350M from stimulus package for geothermal grants. . ." - (7/13/09)

- Greg Reid -
www.theenergyreport.com/cs/user/print/quote/2992?x-t=pub.vie…

"Cap-and-trade debate continues; regulatory developments favorable.

Kyoto's successor could establish business costs for carbon; Philippines, Hawaii, Texas, Ontario and others pass new renewable energy laws.

Public money being allocated for renewable energy development.

$350M from stimulus package for geothermal grants; World Bank to provide $500M to Indonesia; DOE loan guarantees for GTH and Raser.

Project development, government auctions accelerating.

NGP's Blue Mountain to COD in October; Western Australia opens bidding on more geothermal acreage; WGP acquires more land.

Financing window opened in June and early July; will it last?

Magma raises C$100M+ in IPO; Raser does US$25M equity financing; Ram Power files to RTO in Canada; project debt financings lining up." "

[Popeye82]

What Will it Take for Geothermal to be Cheaper than Coal? - EcoGeek - Jul 21, 2009

- Hank Green -
www.theenergyreport.com/pub/na_u/999?utm_source=streamsend&u…

"According to a new study from NYU, it would take about three billion dollars of DOE investment to get the costs of geothermal down to the cost of coal. That does seem like a fairly steep price when geothermal power seems so very free. But getting enough heat out of the ground to power turbines is no simple affair.

The study also found that previous DOE investments in geothermal provided higher returns in price drops and efficiency increases than investment in any other renewable resource.

There's a sense in the energy industry that geothermal is already a mature technology and that, unfortunately, it's never going to be practical on a large scale. However, the NYU study is pointing out that this is simply not true. New techniques are hitting geothermal from every angle. Some people are working on getting more heat out of geothermal wells, others are making electricity with cooler rocks while a third group of people are creating new ways to reach hot rocks with less money.

The study also determined (though we're not quite clear on how) that geothermal could get down to four cents per kilowatt hour with only $3B of investment from the DOE. This seems rather fishy to me. But whether or not it will get down to grid parity, more focus on geothermal is definitely needed."

[Popeye82]

[TEY] Parachilna Drilling Returns Promising - Australianinvestor - 24-Jul-2009
www.australianinvestor.com.au/news.asp?id=39292

"Torrens Energy has reported that intermediary depth validation drilling at its most advanced geothermal play, the Parachilna Project South Australia, has returned promising preliminary temperature results.

The company has reported that preliminary Parachilna drilling at 1653 metres has returned highly favourable results.

Drilling at the target has been supported by $3 million in REDI matched government funding. "
www.stocknessmonster.com/news-item?S=TEY&E=ASX&N=453892

[Popeye82]

soweit ich weiss jetzt das 4te australische, börsengelistete, Geothermieunternehmen mit einer Resource(30.000PJ Inferred):

Green Rock Energy - Substantial Inferred Geothermal Resource for Perth Permit - Jul 28, 2009
www.stocknessmonster.com/news-item?S=GRK&E=ASX&N=454261
www.stocknessmonster.com/news-item?S=GRK&E=ASX&N=452483

[Popeye82]

[HRL] Drilling Rig Secured for Koroit Project - Australianinvestor - 31-Jul-2009
www.australianinvestor.com.au/news.asp?id=39361

"Hot Rock Limited has secured a suitable rig and drilling slot from MB Century Drilling which will allow it to complete its proof of concept drilling.

MB Century has accepted a letter of Intent outlining the program to drill two standard production wells to appraise the potential of the Koroit resource.

HRL has paid a small non-refundable deposit and is scheduled to now complete a formal drilling contract. "
www.stocknessmonster.com/news-item?S=HRL&E=ASX&N=212356

[Popeye82]

Canada's Geothermal Potential: Learning from the U.S. - EnergyPulse - Jul 8, 2009

- Craig Aspinall, Public Policy Manager, Western GeoPower Corp. -
www.energypulse.net/centers/article/article_print.cfm?a_id=2…

"Canada has literally been a `powerhouse' of energy resources for decades with hydroelectricity, natural gas and oil playing a major role in the nation's economy, but only recently has begun paying serious attention to the potential for electrical production from geothermal energy to help meet the demand for "green, renewable" power in the western provinces and western U.S.

Not that geothermal energy is expected to have anywhere near the importance of the traditional fossil fuels, but the Canadian Geothermal Energy Association (CanGEA) believes that British Columbia alone has a geothermal resource potential comparable to that of the western U.S. where mandated Renewable Portfolio Standards (RPS) require utilities to provide a substantial portion of their power from renewable sources. California's RPS, for example, has been increased from 20 percent to a 33 percent standard; and U.S. utilities are looking to Canada's renewables to help meet those goals.

It is interesting to note that while geothermal power has been around since the first generation plant was built in Italy in the early 1900s -- and The Geysers Geothermal Field in northern California has been producing geothermal power since the 1960s (it is one of the world's largest dry steam geothermal fields) -- Canada does not have a single geothermal plant and has only one geothermal project under development. How come?

In fact, the Geological Survey of Canada and British Columbia Hydro, the provincial government-owned utility that provides most of B.C.'s electrical power, undertook exploration programs in the 1970s and early 1980s that identified 16 potential high temperature geothermal sites in the province, with the South Meager site 175 kilometers north of Vancouver being identified as the best prospect.

CanGEA, referencing a 2007 study by Dr. Mory Ghomshei of the University of British Columbia, estimates the province's geothermal resources at 3,000-5,000 megawatts, compared with the current 3,000 MW produced in the United States. (U.S. geothermal capacity remains concentrated in California which has 2,555 MW of installed capacity.) The Yukon has an estimated potential of 500-1,500 MW and the province of Alberta, 500-1,000 MW.

A private company obtained the geothermal rights at South Meager in 1988. However, with B.C.'s vast hydroelectric potential (B.C. Hydro produces 10,000 MW), there was no market for geothermal power -- or small hydro, wind, solar or any other renewable resources for that matter. But the increasing costs of fossil fuels, the California energy crisis in 2000, and the drive to green power and renewables has created a market both domestically and for potential exports. The B.C. government has mandated that 50 percent of new generation in B.C. come from renewable sources.

Western GeoPower Corp., current holder of the South Meager geothermal lease, initiated a resource confirmation program in 2003-2005, drilling several temperature-testing holes and three production-size wells which recorded temperatures up to 275 degrees Centigrade and indicated a potential for generating 100 megawatts. The company now is planning for the next stage of confirmation drilling.

The early results at South Meager -- and the fact that several Canadian companies, including Western GeoPower's Unit 1 project at The Geysers, are actively engaged on geothermal projects in the western U.S. -- has now turned attention to other geothermal prospects in British Columbia and in the Yukon Territory, both of which lie on the Pacific Ring of Fire which extends to Alaska. So much attention, in fact, that the British Columbia government last year placed a moratorium on geothermal permitting applications and established a Geothermal Task Force to develop a policy framework to address regulatory and tenure issues. The B.C. government expects to auction exploration permits for four areas of the province in September.

On a regional basis, the City of Whitehorse in the Yukon is partnering with a private company and a research center to determine the Territory's geothermal potential; and CanGEA recently presented a workshop seminar on geothermal resources at the invitation of representatives of municipal and First Nations governments in northern British Columbia.

At the federal level, the Canadian Geothermal Energy Association has been largely responsible for encouraging Natural Resources Canada (NRCan) to recognize there is a potential not only for high temperature geothermal development for electricity, but also for Enhanced Geothermal Systems development (also known as Engineered Geothermal Systems). Where traditional high temperature projects access steam or hot water at depths of up to 3,000 metres, EGS systems access hot rock at 3 to 5 kilometers or more, inject water and recover the heated water to produce power. A recent study by the Massachusetts Institute of Technology estimated the U.S. has the potential to develop 100,000 megawatts from EGS over the next 50 years.

The Geological Survey of Canada (an agency of NRCan) and the B.C. Ministry of Energy recently hosted a workshop with CanGEA that produced recommendations for a national geothermal resource assessment that would define and inventory resources in western Canada in order to encourage exploration and facilitate the raising of capital. The workshop report noted other topics that need to be addressed include incentives such as tax breaks, risk reduction for drilling and green power pricing incentives.

Alison Thompson, Executive Director of CanGEA, notes there are a number of reasons why geothermal development has not proceeded in Canada, including the remote locations of potential resources, lack of transmission facilities, the low cost of historical energy sources and high front end costs.

"Most importantly, we have not had the government policies or actions needed to support geothermal development and we need to emulate Europe and the U.S. in that regard," Thompson says. "For example, most U.S. states have a Renewable Portfolio Standard under which premium prices are paid for renewable power. There is a federal Production Tax Credit, a federal Investment Tax Credit and federal loans and grants for exploration and development.

"Grants and subsidies also are common in Europe. Germany, for example, supports a feed-in tariff of 250 Euros ($346 U.S.) per megawatt hour, plus bonuses, for geothermal projects and has jump-started a viable geothermal power industry as a result. By comparison, Canada's federal government offers a renewable power production incentive of $10 per megawatt hour which is expected to be fully subscribed by September (2009) and there is no follow-up program in the offing despite intense lobbying by CanGEA and other industry associations."

Ken MacLeod, President and CEO of Western GeoPower, notes that the Canadian incentive only applies when a facility is in production and that while there are both federal and provincial incentives to develop "technologies" to deal with greenhouse gas emissions, there is nothing to support exploration for green resources.

"Yes, this is a very capital intensive proposition," MacLeod acknowledges. "Western GeoPower has invested more than $30 million since acquiring the South Meager lease in 2003 and private investors are reluctant to continue to provide that level of funding without a measure of serious support from our governments. By comparison, our 35 MW Unit 1 project at The Geysers in California has the option of applying for funding under the Obama administration's green energy initiatives." "

[Popeye82]

also die Besprechung ist m.E.n. ziemlich Larifari, Hauptsache eine positive Interpretation draus gedreht(eigentlich nur die Feststellung, dass Finanzierungen damit leichter werden sollten), aber ich stell es trotzdem mal rein -Polaris Geothermal damit wohl weg von der Speisekarte :

Western GeoPower im Umbruch: Entsteht etwas Großes? - Goldinvest - Aug 12, 2009
http://goldinvest.de/public/story_detail.asp?l=&c=10,20020&i…

"Für Verwirrung hatte die überraschende Ankündigung des Geothermieunternehmens Western GeoPower bei den Anlegern gesorgt, dass man mit drei anderen Firmen der Branche zu einer neuen Company fusionieren will. Mittel- und langfristig könnte sich diese Entscheidung der Kanadier als große Chance erweisen.

Für Überraschung, wenn nicht Verwirrung, bei den Anlegern sorgte vor Kurzem die Ankündigung des kanadischen Geothermieunternehmens Western GeoPower (WKN 254049), dass man einer Fusion mit gleich drei anderen Unternehmen der Branche – GTO Resources Inc., Polaris Geothermal und Ram Power – zugestimmt hat.

Zumal, wie in der Pressemitteilung von Mitte Juli nachzulesen, die Aktien von Western GeoPower zum Kurs von nur 20 kanadischen Cent in das neue Unternehmen einfließen werden und WGP-Aktionäre nach dem Zusammenschluss lediglich 29,2 Prozent an dem neuen Unternehmen halten werden.

Und doch: Langfristig könnte sich der Zusammenschluss lohnen. Denn mit Projekten in allen Phasen der Entwicklung, gebündelter Expertise bei der Exploration, Entwicklung und Inbetriebnahme von Geothermie-Projekten und einer nach der Fusion voraussichtlich deutlich höheren Marktkapitalisierung könnte das neue Unternehmen ein ganz neues Standing am Markt einnehmen.

Vor allem für die Finanzierung des Unternehmens haben das breitere Projektportfolio und die höhere Marktkapitalisierung eine enorme Bedeutung. Und allein die Aussicht darauf scheint sich bereits auszuzahlen. So gab man erst Ende vergangener Woche bekannt, dass die geplante Finanzierung von 100 auf 156 Millionen kanadische Dollar aufgestockt werden soll (52 Millionen Bezugsrechte zu voraussichtlich 3,00 CAD pro Bezugsrecht). Ein Schritt, der in aller Regel nur erfolgt, wenn man sich sicher ist, dass das Geld auch fließen wird!

Und wir geben zu bedenken: Wäre Western GeoPower seinen Weg alleine weiter gegangen, hätte auch hier in Kürze eine große Finanzierung angestanden – die, wie in der Vergangenheit leider häufig zu beobachten war – aller Voraussicht nach zu einer starken Verwässerung geführt hätte...

Ein Beispiel dafür wie es mit dem fusionierten Unternehmen auch weitergehen könnte, ist das Geothermieunternehmen Magma Energy (WKN A0NDN1), das erst Anfang Juli zu rund 1,45 kanadischen Dollar an die Börse ging und dabei 100 Millionen kanadische Dollar einnahm. Seitdem hat die Aktie bereits gut zugelegt und notiert aktuell bei 1,85 kanadischen Dollar.

Natürlich wird sich bei beiden Unternehmen erst noch zeigen müssen, ob die Pläne des Managements aufgehen und wie die weitere Entwicklung aussieht. Doch unserer Ansicht nach stehen die Chancen für Aktionäre von Western GeoPower gar nicht schlecht, dass sich die Viererfusion mittel- und langfristig auszahlt.

Unserer Meinung nach sollten Western GeoPower-Anleger also dabei bleiben. Wenn sich das neu geschaffene Unternehmen seine Größe zu Nutzen macht und positiv entwickelt, haben Sie vielleicht ein kleineres Stück vom Kuchen in den Händen – aber eventuell auch einen wesentlich größeren Kuchen. "

[Popeye82]

müsste jetzt glaube ich das 5te, zumindest börsengelistete, Unternehmen Australiens mit einer geothermischen Resource sein -da scheint sich langsam einiges zu bewegen :

[GER] Inferred Resource for Geelong Geothermal Power Project - Australianinvestor - 17-Aug-2009
www.australianinvestor.com.au/news.asp?id=39528

"Greenearth Energy Limited has announced the results of its Inferred Geothermal Resource estimation work, completed for the Company’s Geelong Geothermal Power Project.

The results have produced an estimation of a Hot Sedimentary Aquifer (HSA) inferred geothermal resource of approximately 17 000 petajoules (PJ) in a target geothermal reservoir within GEP10. "
www.stocknessmonster.com/news-item?S=GER&E=ASX&N=321965
www.stocknessmonster.com/news-item?S=GER&E=ASX&N=321966

[Popeye82]

Panax Geothermal - New Study Confirms Commercial Attractiveness - Aug 20, 2009
http://stocknessmonster.com/news-item?S=PAX&E=ASX&N=212851

[Popeye82]

Sierra Geothermal Power – A name to reckon with in the geothermal space - Proactive Investors - Aug 17, 2009

- by Sam Kiri -
www.proactiveinvestors.com/companies/news/2201/sierra-geothe…

"As the quest for a greener planet continues, the need to develop alternative energy sources such as renewable energy and geothermal energy has gained more eloquence. Even though the industry certainly has irrefutable merits there aren’t too many companies engaged in the development of geothermal projects. The industry requires specialised knowledge, appropriate development sites and of course finances. Those who seek exposure to this emerging sector there are only few choices available.

In response to requests from several institutional investors, we are in the process of doing a detailed report highlighting the investment case of the geothermal power industry. It is therefore timely that we cover 2Q2009 results of Canadian Venture listed Sierra Geothermal Power Corporation (TSX.V: SRA). The company is focused on geothermal exploration and development in North America and currently holds geothermal leases, or options to leases, on 17 different properties in Nevada and California. Spanning over more than 88,000 acres (880 sq km), these leases have a potential generation capacity of more than 400 MW of power.

For the three and six months ended June 30, 2008, SRA reported a net loss of $642,400 or $0.01 per share and $1,070,631 or $0.01 per share respectively, compared to a net loss of $955,676 and $1,672,579 for the same periods last year. The decrease in the net loss in the second quarter of 2009 and the first half of 2009 compared with a year earlier was mainly due to a decrease in stock-based compensation expense and the company's efforts to reduce expenses.

Concerted efforts are underway to secure funding to develop SRA’s projects. During 2Q2009, SRA applied for approximately US$46.1 million in grant funding made available by the US Government under three Funding Opportunity Announcements. On May 27, 2009, President Obama announced the US Department of Energy (“DOE”) will allocate US$350 million from the American Reinvestment and Recovery Act to new investments in geothermal power, underlying the importance the US government attributes to the need to develop alternative energy sources. No wonder we witness heightened interest and receive queries from investors about the geothermal industry!

SRA has also received a favourable environmental assessment (EA) decision and drilling permits for its Alum geothermal power project in Nevada. Along with this favourable decision on the EA, the US Bureau of Land Management has approved drill permits for deep temperature gradient holes and production assessment wells at Alum. This certainly is a significant development given the strict environmental regulations in the US. SRA can now focus on drilling activities to move the project to bankable feasibility. Meanwhile SRA has also completed the acquisition of Cayley Geothermal Power Corp. during the period under review.

While SRA awaits government grants, the company remains well financed and is in no danger of struggling to finance its development efforts. SRA completed a $3.78 million financing subsequent to the end of 2Q2009. Proceeds of this financing will be used to fund power purchase agreements and related transmission studies, drilling and geophysical activities at its Silver Peak and Reese River projects, and for general corporate and administrative expenses


About Sierra Geothermal Power
SGP is a Vancouver-based renewable energy company focused on the exploration and development of clean, sustainable geothermal power. Geothermal power plants produce long-term stable revenues and provide continuous base-load power, often at or above 95% capacity. SRA’s 17 projects comprise a total of 88,000 acres of geothermal land assets in Nevada and California. "

[Popeye82]

Panax Geothermal - Financial Analysis - 59 MW Stand Alone Case - Aug 31, 2009
http://stocknessmonster.com/news-item?S=PAX&E=ASX&N=213306

[Popeye82]

Greenearth Energy - GER applies for $20m for Geelong Geothermal Power Project - Sep 1, 2009
www.stocknessmonster.com/news-item?S=GER&E=ASX&N=323197

[Popeye82]

[PTR] Spain Update - Tenerife MT Survey and JV Discussions - Australianinvestor - 8-Sep-2009
www.theaustralianinvestor.com.au/news.asp?id=36391

"Petratherm Espana is set to undertake an extensive magneto-telluric survey across the volcanic island of Tenerife in the Canary Islands.

This is due to commence in October 2009 and is aimed at pinpointing locations for a deep test well site.

The company is also partaking in advanced joint venture negotiations with potential partners to fund the subsequent planned deep drilling program. "
www.stocknessmonster.com/news-item?S=PTR&E=ASX&N=173903

[Popeye82]

Hi,

Eine neu ins Leben gerufene Seite zu Geothermie:

Geothermal Digest
www.geothermaldigest.net

Gruß,
Popeye

[Popeye82]

G4G Resources Concludes Agreement to Acquire Geothermal Properties in San Juan Province, Argentina
On Tuesday September 8, 2009, 9:00 am EDT
http://finance.yahoo.com/news/G4G-Resources-Concludes-iw-308…

[Popeye82]

Geothermal Startup Altarock Energy Suspends Drilling Project - CleanTech Brief - September 4, 2009
http://cleantechbrief.com/node/834

[Popeye82]

Geothermal &Nuclear Energy Stars Spark Gianni Kovacevic's Interest - The Energy Report - 09/17/2009
www.theenergyreport.com/pub/na_u/1099?utm_source=streamsend&…

[Popeye82]

Greenearth Energy - GGPP Predicts Substantial CO2 Displacement - Sep 21, 2009
http://stocknessmonster.com/news-item?S=GER&E=ASX&N=324356

[Popeye82]

Abu Dhabi Looks to the Earth for Clean Energy - CleanTech Brief - September 30, 2009
http://cleantechbrief.com/node/933

"Abu Dhabi will undertake the first geothermal project in the Gulf region, drilling 4km beneath the city this year. The government hopes to tap enough cheap, clean energy to meet up to half the needs of its zero-carbon development Masdar City, reports The National newspaper.

Masdar's Headquarters“We have found that Abu Dhabi has a very good chance to generate energy from geothermal sources,” Sanad Ahmed, a senior project manager at the government-owned Masdar, told the daily. “It’s one of the cheapest sources for renewable energy available.”

Water will be circulated through two deep wells, becoming steam and turning electrical generators which will power air conditioning systems.

The geothermal project represents a change of direction for Abu Dhabi which, to date, has looked to solar energy to meet its 2020 target of generating 7% of electricity from renewables.

Masdar has tapped Iceland’s Reykjavik Geothermal to help drill the wells, awarding it a $1.6 million contract. Drilling could begin as early as November 1. "

[Popeye82]

Nevada Geothermal Power Inc. Announces Blue Mountain 'Faulkner 1' Geothermal Power Plant Completed Three Months Ahead of Schedule: Plant Testing Demonstrates Plant Capacities Exceed Contract Guarantees - Sep 17, 2009
www.nevadageothermal.com/s/News.asp?ReportID=363928&_Type=Ne…

[Popeye82]

Greenearth Energy - HSA Geothermal Systems Proven Worldwide - Oct 13, 2009
www.stocknessmonster.com/news-item?S=GER&E=ASX&N=325856

[Popeye82]

KUTh Energy - Signs MOU with Vanuatu Electricty Provider - Oct 16, 2009

Highlights

+ Signed MOU between KUTh and UNELCO establishes framework for cooperation in pricing and base load supply

+ MOU activates exploration program in Vanuatu – target start November 2009
s
+ Potential to accelerate KUTh as energy generator in the Pacific by 2012/13

+ Stakeholder alignment between Government/KUTh/UNELCO and International Agencies for Renewable Energy project in Vanuatu provides solid foundation
www.stocknessmonster.com/news-item?S=KEN&E=ASX&N=568908


die Sätze sind noch ganz interesant: "Vanuatu has one of the highest priced energy markets anywhere in the world; the current published tariff rate being 44 vatu per kilowatt hour ($A0.46 per kilowatt hour). ...Vanuatu is a signatory to the Kyoto Protocol and has drafted the regulations for the Clean Development Mechanism (CDM). KUTh is targeted as the first renewable energy project to be registered in Vanuatu under these regulations which would allow KUTh to earn Carbon Emission Reduction Certificates (CER) tradeable in international markets "

[Popeye82]

Ross Beaty: No Love Lost - The Gold Report - 10/16/2009

- His passion these days has turned to the geothermal energy arena, where he's busy putting his Midas Touch on Magma Energy Corp., but mining magnate Ross J. Beaty has not lost his love for silver, copper and gold. An entrepreneur extraordinaire, Ross still serves as chairman of Pan American Silver. In this exclusive Gold Report interview, Ross talks about how Pan American's business model inspired that of his new enterprise, and what he sees as common ground in the geothermal and mining sectors. ...-
www.theaureport.com/pub/na/3163

[Popeye82]

zwischenzeitlich gab es bei den Australiern glaub ich noch eine 1ste Resourcenschätzung bei einem Unternehmen, hab das aber nicht mehr gefunden. Der Punkt, IMO; ist: Wenn man hier wirklich vorankommen möchte, muss man versuchen anzufangen, die Unternehmen ein bissl unter objektiven Punkten Zu "untersuchen"/abgleichen &sich etwas mehr auf die Branchenspezifika einzulassen. Einige interessante dürften ziemlich sicher dabei sein -aber es nützt halt nix, wenn man sich das nicht auch ein bissl qualitativ vergleichbar/bewertbar macht. Und dafür ist dann widerum auch ein bissl Arbeit nötig:

Neuer Geothermie-Player Ram Power macht Dampf - RG - Oct 30, 2009
www.rohstoffe-go.de/rohstoff/rohstoffe-go-exklusiv/beitrag/i…

"Stuttgart (www.rohstoffe-go.de) Erst vor Kurzem wurde die Fusion von vier kleineren Geothermieunternehmen zur neuen Ram Power Corp. abgeschlossen, doch bereits jetzt macht der Konzern mächtig Dampf.

Denn bereits eine Woche nach Abschluss der Fusion, meldete Ram Power (WKN A0YC62), dass man gemeinsam mit einem weiteren neuen Player im nordamerikanischen Geothermiemarkt, Magma Energy, die internationale Ausschreibung für zwei Konzessionen in Nicaragua gewonnen hat. Die Exploration der Konzessionen werden die beiden Unternehmen in einem noch zu bildenden Joint Venture betreiben. Die Kosten von rund 100 Mio. Dollar hierfür werden hälftig geteilt. Losgehen soll es bereits im Januar 2010, wobei von einer Dauer der Untersuchungen von 27 Monaten ausgegangen wird. Erste Studien deuten auf Reservoirtemperaturen von 220 Grad Celsius hin.

Ebenfalls in Nicaragua liegt das San Jacinto-Tizate-Projekt von Ram Power, das bereits mit einer Leistung von 10 MW produziert. Nun aber hat das Unternehmen den Startschuss für die erste Phase der Erweiterung dieses Projekts um 24 auf dann 34 MW gegeben – und die Bohrungen hierfür sind bereits abgeschlossen. Die zweite Phase dann wird die Produktion von 34 auf 72 MW erweitern. Da bereits 56 MW gebohrt wurden und bereitstehen, geht Ram Power davon aus, dass man nur zwei weitere Bohrungen vornehmen muss, um die 72 MW zu erreichen.

Diese 72 MW werden gemäß eines bestehenden Abnahmeabkommens an örtliche Tochtergesellschaften von Union Fenosa, eines spanischen Versorgers verkauft. Alle Genehmigungen für beide Phasen der Erweiterung sind bereits eingeholt und die Inbetriebnahme des neuen Werks soll schon im zweiten Quartal 2011 erfolgen. Wie Hezy Ram, President und CEO von Ram Power erklärt, wird die Erweiterung von San Jacinto 21 Millionen Dollar jährlichen Umsatz bringen und die Kohlenstoffemissionen in Nicaragua um 400.000 Tonnen pro Jahr senken.

Damit legt das gerade erst entstandene Unternehmen ein unserer Ansicht nach beeindruckendes Tempo vor. Seit dem Börsengang zu 3,00 CAD hat sich die Aktie bereits auf jetzt 3,39 CAD gesteigert. Angesichts der zuletzt gemeldeten Neuigkeiten und der zahlreichen weiteren Projekte, die Ram Power in der Pipeline hat, sind wird der Ansicht, dass der Kurs mittel- und langfristig noch erhebliches Potenzial hat.

Anleger mit dem entsprechenden Anlagehorizont können sich unserer Meinung nach durchaus bereits jetzt einige Stücke ins Depot legen, sollten sich aber der Risiken bewusst sein, die im Geothermiesektor vorherrschen. "

[Popeye82]

DOE to fund $338m for geothermal energy projects - ReCharge - Nov 2, 2009
www.rechargenews.com/energy/geothermal/article197539.ece?utm…


alle Projekte/Förderungen:
www.energy.gov/news2009/documents2009/338M_Geothermal_Projec…

[Popeye82]

PG&E ups Geysers geothermal power purchase deal until 2021; Pacific Gas and Electric Company (PG&E) will increase and extend an existing geothermal power purchase agreement with Geysers Power, both companies say. The new deal is subject to approval by the California Public Utilities Commission - ReCharge - Oct 30, 2009

- Richard A. Kessler -
www.rechargenews.com/energy/geothermal/article197542.ece?utm…

"PG&E currently has two power purchase agreements with Geysers totaling about 375 megawatts a year, enough renewable energy to meet the needs of more than 450,000 average homes.

Those agreements expire between the end of 2012 and the end of 2014. The new deal would extend the term for Geysers energy through 2021.

Total capacity is expected to increase about 50MW to a total of 425MW from 2010 through 2017, dropping to a total of about 250MW from 2018 through 2021.

Geothermal power is a particularly valuable renewable resource because it is highly dependable. Available around the clock, it is less affected by weather, seasons or other factors that create technical challenges for managing some other forms of renewable power.

"PG&E has been a leader in the use of clean geothermal power for half a century," says Fong Wan, senior vice president for energy procurement at PG&E. "As our new contract indicates, we are committed to making this climate-friendly resource an important part of our growing renewables portfolio for many years to come."

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation is one of the largest combined US natural gas and electric utilities in the United States. It is based in San Francisco. "

[Popeye82]

U.S. Geothermal Energy Market Report - Íslandsbanki Geothermal Research - Oct09
www.islandsbanki.is/servlet/file/2009 US Geothermal Report.p…

[Popeye82]

und das ist noch ´ne Geothermieseite:

ThinkGeoEnergy
http://thinkgeoenergy.com

[Popeye82]

Ormat Q3 sales grow on plant manufacturing business; Vertically integrated geothermal player Ormat Technologies grew third-quarter revenue more than 20% over the year-earlier period to $119.8m on the strength of its power equipment supply segment. Profit was up 48% to $23.4m or $0.52 per share - ReCharge - 05.11.09

- Benjamin Romano -
www.rechargenews.com/energy/geothermal/article197809.ece?utm…

[Popeye82]

Petratherm - $62.8 million REDP grant awarded to Paralana Project - Nov 6, 2009
http://stocknessmonster.com/news-item?S=PTR&E=ASX&N=175253

[Popeye82]

Geodynamics - Federal Government Awards $90 million in REDP Funding - Nov 6, 2009
http://stocknessmonster.com/news-item?S=GDY&E=ASX&N=215607

[Popeye82]

Geothermie: Bauwirtschaft gewinnt wegen Klimawandel und Energieknappheit - DB Research - Nov 6, 2009

- In den letzten Jahren hat die Geothermie ihre Wettbewerbsfähigkeit gegenüber fossilen Energiequellen verbessert. In Deutschland hilft die Politik mit Fördergesetzen, die Technologien zur Nutzung der Erdwärme als Wärmequelle und für die Elektrizitätserzeugung attraktiver zu machen. Zur Stromversorgung tragen geothermische Kraftwerke freilich auch 2020 noch <1% bei. Die Expansion der Geothermie begünstigt die Bauwirtschaft. So führt das Wachstum der direkten Geothermie bis 2030 in Deutschland zu einem kumulierten Bauvolumen um EUR 25 Mrd. Nachhaltige Impulse erhalten künftig alle Baubereiche bis hin zur Baustoffindustrie sowie viele Dienstleister. -
www.dbresearch.de/PROD/DBR_INTERNET_DE-PROD/PROD000000000024…

[Popeye82]

Greenearth Energy geothermal project in Geelong gains significant ground in first 13 months - Proactive Investors - Nov 4, 2009
www.proactiveinvestors.com.au/companies/news/3127/greenearth…

"To date, Greenearth Energy (ASX: GER) has established Victoria's first inferred geothermal resources for the GEP10 area.

This has occurred in a space of 13 months.

The company has also made funding applications to assist proof-of-concept (Stage 1) and demonstration (Stage 2) wells, at the proposed site northeast of the township of Anglesea.

If proximity to a grid is any determinant, then Greenearth ticks the box.

By its own admission, the Geelong Geothermal power project (GGPP) ticks even more boxes:

+ A base-load renewable, emissions free power generation project on the doorstep of the Greater City of Geelong - which has the largest industrial carbon footprint in regional Australia

+ A sizeable inferred geothermal resource (17,000PJ) capable of (subject to successful proof-of-concept and demonstration stages) delivering 140MW nett at full commercialisation. This would displace approx. 1.32m tonnes of CO2 equivalent or 59% of total estimated industrial emissions for the Greater Geelong region

+ A renewable energy project (providing base load power) proximat to crucial grid infrastructure, major industry and one of Australia's largest urban growth corridors (Armstrong Creek)

+ Greenearth's GGPP will use a proven resource type (Hot Sedimentary Aquifer -HSA) using establised drilling techniques and modular plant technology (Organic Rankine Cycle) - providing a potentially lower risk, potentially lower cost geothermal power project to the city of Greater Geelong community and on behalf of Greenearth shareholders


In terms of its development and exploration strategy, Greenearth is focusing its efforts in areas proximate to markets and existing energy infrastructure and leveraging off existing Lakes Oil N .L. data and exploration programs in Victoria to reduce exploration costs and fast track outcomes.

The company will be targeting prospects that reveal excellent characteristics for Hot Sedimentary Aquifer (HSA) resources while at the same time hold the potential of Enhanced Geothermal Systems (EGS) at deeper depths.

To further its strategy it will also be forming strategic relationships with industry, community, government and academic institutions from which all parties gain synergistic benefits, said managing director Mark Miller.

Greenearth Energy will be employing and contributing to the development of technologies to create power generation and direct heat applications from lower temperature geothermal energy resources (HSAs) and entering into commercial arrangements for applications (Power Generation & Direct Heat) using geothermal energy.

“In doing so we will drive shareholder value by leveraging off the drive towards low carbon power generation technologies and arising market incentives,” he said.

The company will be accelerating its goal to establish, by way of strategic alliance partnerships, a number of advanced geothermal projects (domestically and internationally), ready for development that can potentially deliver near term revenues that will support our longer term domestic exploration and development objective.

Greenearth Energy’s domestic geothermal exploration and development focus is on HSA geothermal resources. HSA geothermal resources along with other hydrothermal systems have been successfully developed for power generation since the 1980s HSA geothermal power plants are successfully operating in the United States, Austria, Germany and Australia.

The only commercial geothermal power plant operating in Australia, is a HSA plant in Birdsville, Queensland. "

[Popeye82]

Ormat lands off-taker for 30MW Nevada geothermal plant; Major global geothermal player Ormat Technologies will sell the output of its McGinness Hills Geothermal project to Nevada Power Company, under a 20-year power purchase agreement - ReCharge - Nov 13, 2009

- Benjamin Romano -
www.rechargenews.com/energy/geothermal/article198460.ece?utm…

[Popeye82]

momentan scheinen die Regierungen &betreffenden Departments wie der Weihnachtsmann mit einem dicken Sack voll Geschenken durch die Gegend zu laufen -schon das 3te Geothermieunternehmen bei dem ich das, in ordentlichem Umfang, sehe &sind sicher noch mehr:

Nevada Geothermal wins $57.9m grant for Blue Mountain project; Nevada Geothermal Power has won US Energy Department approval for a grant totaling $57.9m for development of its Blue Mountain 'Faulkner 1' geothermal power plant in Humboldt County, northern Nevada, a company official tells Recharge - ReCharge - Nov 13, 2009

- Richard A. Kessler -
www.rechargenews.com/energy/geothermal/article198722.ece?utm…

[Popeye82]

Greenearth Energy receives thumbs up from Geelong community for power project - PI - Nov 10, 2009

- by Amy Dry -
www.proactiveinvestors.com.au/companies/news/3203/greenearth…

"Victorian geothermal company Greenearth Energy (ASX:GER) has received substantiated support from the local community for its flagship power project near Geelong.

Mark Miller, managing director of Greenearth Energy he was encouraged by the way the Greater Geelong Community has welcomed and supported the company in its endeavours to see the project come into fruition.

“Greenearth Energy's Geelong Geothermal Power Project has the full support of the Committee for Geelong," Mr Miller said. “

Our region faces a substantial challenge in a new carbon constrained world and this sizeable base load, renewable energy project provides our communities and industries alike the potential to deliver meaningful environmental and economic outcomes into the future.”

Greenearth Energy's Geelong Geothermal Power Project is focussed on a Hot Sedimentary Aquifer geothermal system development 9 Km northwest of the township of Anglesea.

The project represents a significant base load renewable energy opportunity that over the last twelve months has
gained the support of local policy makers, industry and environment interest groups.

Shares in the company were last trading around 17.5c.

Darren Cheeseman, Federal Member for Corangamite, said there was no doubt Australia must invest in alternative energy processes.

“One of the most promising base-load technologies is geothermal power, and there is clearly very significant potential for geothermal energy generation within the Otway Basin," Mr Cheeseman said.

“With the existing geothermal resource, close access to the grid and some very significant likely local
large corporate customers the building blocks are in place to propel this region into a world leader in this
technology.”

Greenearth Energy’s domestic geothermal exploration and development focus is on HSA geothermal resources. HSA geothermal resources along with other hydrothermal systems have been successfully developed for power generation since the 1980s HSA geothermal power plants are successfully operating in the United States, Austria, Germany and Australia.

The only commercial geothermal power plant operating in Australia, is a HSA plant in Birdsville, Queensland.

Environmental geoscientist Rob Gell said the Geothermal Power Project was among the most exciting renewable energy projects in Victoria.

"The potential to generate 140MW of 'green energy' adjacent to major industrial energy demand sites represents a new design concept for Victoria," Mr Gell said.

"Not only does this project explore the concepts of industrial ecology through its location near a city with high energy demand, it will provide hope for the people of Geelong that a low carbon economy is within
reach and 'green jobs' are not far away as well an insight for business into what the future holds."

Last week, the company's reported its application to the Federal Government’s Renewable Energy Demonstration Program (REDP) for a grant had not been successful on this occasion.

The company applied for a grant for the Geelong Region 10.7MW Hot Sedimentary Aquifer (HSA) Geothermal Demonstration Project.

However, Greenearth Energy's application to the Victorian State Government under the Energy Technology Innovation Strategy (ETIS) program for the demonstration stage of the Geelong Geothermal Power Project is currently undergoing a full assessment.

ETIS grants are expected to be announced late 2009/early 2010.


Profile

Greenearth Energy Limited is an Australian Geothermal energy company that aims to explore for and develop geothermal resources.

Greenearth Energy's flagship commercial development opportunity is the Geelong Geothermal Power Project (GGPP). This is a staged project development that lends itself to a multiple modular installation approach over time that will lead, in stages, to the construction of a geothermal power generation capacity in the Geelong area and the delivery of renewable energy into the Victorian energy grid.

On successful proof-of-concept and demonstration stages, the project could displace approx. 1.32m tonnes of CO2 equivalent or 59% of total estimated industrial emissions for the Greater Geelong region "

[Popeye82]

Using CO2 to Extract Geothermal Energy; Carbon dioxide captured from power plants could make geothermal energy more practical - TR - Nov 16, 2009

- By Peter Fairley -
www.technologyreview.com/energy/23953/?nlid=2514

"Carbon dioxide generated by power plants may find a second life as a working fluid to help recover geothermal heat from kilometers underground. Such a system would not only capture the carbon dioxide and keep it out of the atmosphere, it would also be a cost-effective way to use the greenhouse gas to generate new power.



- Hot air: The Soultz-sous-Fôrets geothermal plant in Alsace, France, pumps water into fractured rock to extract heat and thus generate electricity. Researchers backed by $16 million in federal stimulus funds seek to prove that such geothermal plants could generate 50 percent more heat by cycling carbon dioxide underground instead. Credit: Géothermie Soultz -


Backers of this as-yet-unproven concept secured a big endorsement and much-needed cash with the U.S. Department of Energy's recent award of $338 million in federal stimulus funds for geothermal energy research. Some $16 million of the funds will be shared by nine carbon dioxide-related projects led by Lawrence Berkeley National Laboratory and other national labs, Sunnyvale, CA-based combinatorial chemistry firm Symyx Technologies, and several U.S. universities.

The idea: Carbon dioxide that's cycled through hot regions kilometers underground can efficiently bring heat to the surface, where it can be used to generate electricity. The likelihood is that the process would leave lots of carbon dioxide underground, and thus out of the atmosphere, according to Symyx project leader and materials scientist Miroslav Petro. "You're sequestering CO₂ and at the same time generating power from it."

The concept was first proposed as a way to improve systems that pump water deep underground to fracture hot rocks, then bring the heated water up via a second well to generate power, and then cycle the water back down. The technology has been thwarted to date because it's so difficult to fracture rock to get at the geothermal heat and sustain its flow. The European Union's Soultz-sous-Fôrets project in Alsace, France, the most advanced such project worldwide, has taken 20 years to reach just 1.5 megawatts of power generation (enough to supply roughly 1,500 homes). And the process has antagonized nearby communities because of the small earthquakes sparked by the aggressive fracturing required.

In 2000, Los Alamos National Laboratory physicist Donald Brown proposed replacing water with supercritical carbon dioxide, a pressurized form that is part gas, part liquid. Supercritical CO2 is less viscous than water and thus should flow more freely through rock. Brown noted that a siphoning effect should help cycle the carbon dioxide, thanks to the density difference between the supercritical CO2 pumped down and the hotter gas coming up, slashing power losses from pumping fluid. Plus, Brown argued, instead of using precious fresh water resources, a carbon dioxide-based project could sequester the equivalent of 70 years worth of CO2 emissions from a 500 megawatt coal power plant.

Six years later, Lawrence Berkeley hydrogeologist Karsten Pruess performed the first detailed modeling of the technology. Pruess projected that a project such as Soultz-sous-Fôrets could produce approximately 50 percent more heat with carbon dioxide than with water. Most of the DOE-funded projects seek to test Pruess's optimism.

The most important question, according to Petro, is how supercritical carbon dioxide will interact with rock and minerals. Supercritical CO2 also has a particularly complex relationship with water. On its own, supercritical CO2 is not expected to dissolve minerals from rocks - a major problem encountered in the water-based approach. But, says Petro, adding a fraction of water to supercritical CO2 could form a super-dissolving "acidic soda water."

At least one developer, meanwhile, is seeking financing for a field demonstration of carbon dioxide-based geothermal. In September, Salt Lake City-based geothermal developer GreenFire Energy announced a joint venture with small oil developer, Enhanced Oil Resources, to build a two-megawatt CO2-based demonstration plant near the Arizona-New Mexico border. The companies propose to commence drilling wells in 2010 to access hot rock underlying a natural underground carbon dioxide reservoir. They project that the location could yield enough heat to generate up to 800 megawatts of power and, in the process, could absorb much of the carbon dioxide generated by the six large coal-fired power plants in the region.

Instead of adding CO2 to geothermal energy plans, the University of Minnesota's geofluids research group, one of the DOE's awardees, proposes to add geothermal energy extraction to existing plans for carbon capture and storage. Martin Saar, the University of Minnesota geophysicist who leads the geofluids group, says this scheme will yield additional value out of operations that already pump supercritical CO2 into deep saline aquifers for storage, or into oil and gas formations to accelerate production. That carbon dioxide will pick up heat from the surrounding rocks, says Saar, so why not circulate some of it to generate power? This eliminates the need to fracture rocks. And it takes advantage of existing equipment and drilled wells, thus reducing the cost of the geothermal plant.

Saar is researching how supercritical CO2 interacts with rock, minerals, and water. Understanding the latter is critical to the Minnesota scheme, since carbon dioxide injected into a saline aquifer will mix with water. However, Saar says that may be less of a problem than it appears, because large volumes of CO2 injected into a saline aquifer should separate to form a distinct layer: "Supercritical CO2 is actually less dense than the brine, so in an aquifer it will rise and pool underneath the cap rock."

If the lab work confirms that and other predictions, Saar says, they could be testing CO2 geothermal in the field in as few as three years. "

[Popeye82]

[TEX] Off-grid geothermal power supply for mining operation in Indonesia - Australianinvestor - 12-Nov-2009
www.theaustralianinvestor.com.au/news.asp?id=36583
http://stocknessmonster.com/news-item?S=PAX&E=ASX&N=215796

"Panax Geothermal Limited announced it has entered into a Memorandum of Understanding with PT Dairi Prima Mineral, a subsidiary of Herald Resources Limited, allowing for negotiations towards the establishment of a joint venture of the geothermal Dairi Prima Mining Project in Northern Sumatra.

Under the Memorandum of Understanding, the companies have agreed that Dairi Prima will have the first right to any produced electrical output from the project.

The Dairi Prima project is currently ready for development, subject to final permitting. "

[Popeye82]

Ram Power sichert sich 216 Mio. USD Finanzierung über die Weltbank - Financial.de - Nov 18, 2009
www.financial.de/experten/2009/11/18/ram-power-sichert-sich-…

[Popeye82]

Callabonna Uranium - applies for 3 additional SA Geothermal Licences - Nov 27, 2009

Highlights

+ Three additional Geothermal Exploration Licences Applications (GELAs) in the Frome Embayment.

+ Callabonna holds 6 granted Geothermal Exploration Licences (GELs) covering 2,875km2 in the same area.

+ GELs are 50 kilometres NE of Petratherm’s Paralana Project.

+ GELs are bisected by the proposed new 275 kV NEM powerline route
connecting the geothermal projects of the Cooper Basin and Paralana to markets.

+ Proven high heat flows, 68.5oC per kilometre in Yerila 1 – one of the highest temperature gradients measured in Australia.

+ Interpreted thick insulating sediments to be confirmed by re-processing seismic data.
http://stocknessmonster.com/news-item?S=CUU&E=ASX&N=574762

[Popeye82]

Greenearth Energy to maintain focus on Geelong Geothermal Power Project - PI - Nov 27, 2009
www.proactiveinvestors.com.au/companies/news/3508/greenearth…

"Australian geothermal exploration and development company Greenearth Energy (ASX: GER) has revealed its vision for 2010, focusing primarily on its flagship power geneartion project in Geelong.

Greenearth Energy, which is primarily focused on developing conventional geothermal energy for power production, was the first Victorian geothermal exploration and development company to establish inferred geothermal resources at Anglesea (Victoria) and Seaspray (Victoria) in December 2008 and January 2009 respectively.

As reported in Greenearth's annual general meeting presentation, the company is listed on the Australian Stock Exchange with a current market cap of $10M and cash position of $5.4 million with no debt.

The company's primary power generation project is the Geelong Geothermal Power Project, located on the outskirts of the industrial city of Geelong.

Earlier this month, the company announced it had received substantiated support from the local community and government for the project.

On successful proof-of-concept and demonstration stages, the project could displace approx. 1.32m tonnes of CO2 equivalent or 59% of total estimated industrial emissions for the Greater Geelong region.

Greenearth Energy’s domestic geothermal exploration and development focus is on HSA geothermal resources. HSA geothermal resources along with other hydrothermal systems have been successfully developed for power generation since the 1980s HSA geothermal power plants are successfully operating in the United States, Austria, Germany and Australia.

The only commercial geothermal power plant operating in Australia, is a HSA plant in Birdsville, Queensland.

The company has two Government Grant applications pending for the GGPP, which if successful, will see the company drilling its first deep geothermal wells in 2010.

Stage 1 will take place about 9km north of the Anglesea Brown Coal Fired Power Station in mid 2010, where two deep geothermal wells will be drilled to about 4,000m and flow tested. If successful, the wells will be utilised into the company's Geelong Geothermal Power Project.

The demonstration stage will test whether the project is economically viable, while commercialisation will consist of a fully scalable demonstration plant project in 12MW multiple increments to 140MWe supported by existing grid infrastructure capacity (potentially to 90 MW ) with low cost line upgrade to 360MW. "

[Popeye82]

Panax Geothermal - MOU with Santos - Dec 8, 2009
MOU with Santos
www.proactiveinvestors.com.au/.../panax-geothermal-signs-mou…

[Popeye82]

Greenearth Energy awarded $25 million grant for Geelong Geothermal Power Project - PI - Dec 9, 2009
www.proactiveinvestors.com.au/companies/news/3725/greenearth…
http://stocknessmonster.com/news-item?S=GER&E=ASX&N=329732

"Shares in Greenearth Energy (ASX:GER) have rocketed a massive 35% after the company was the recipient of a $25 million grant from the Victorian Government for its flagship Geelong Geothermal Power Project.

Following the announcement, shares in the company shot up 6.5c, or 35%, to 25c.

The company was awarded the grant under the State Government’s Energy Technology Innovation Strategy for large scale, precommercial, sustainable energy demonstration projects.

Greenearth Energy managing director Mark Miller said the company was grateful for the Victorian Government’s support, not only in financial terms but also in terms of a clear endorsement of the company's flagship Victorian geothermal power generation project.

“The community of Geelong and the Surf Coast Shire have provided fantastic support to our flagship project, we thank them and look forward to working with them to deliver communities and industries alike a greener, cleaner, renewable energy alternative," Mr Miller said.

“Our highest priority is now to secure the remaining funding to commence Stage 1, Proof-of -Concept as soon as possible."

Greenearth Energy will work with the Department of Primary Industries in the coming weeks to formalise the required paperwork and execute the funding agreement.

Energy and Resources Minister Peter Batchelor and Environment Minister Gavin Jennings announced that Greenearth Energy’s proposal was the first to share in $72 million for largescale, pre-commercial, sustainable energy demonstration projects.

Mr Jennings said providing funding for sustainable energy projects was just one of the ways the Government was driving investment in cleaner energy sources.

“Geothermal energy is a renewable energy source that has the potential to provide a constant flow of base-load power to the state’s electricity grid,” Mr Jennings said.

“Government investment in this exciting project underscores the Brumby Government’s commitment to ensuring Victoria is a leader in renewable and clean energy development."

Member for South Barwon Michael Crutchfield said the announcement was great news for the Geelong region.

“Victoria’s south-west is rapidly emerging as a cleaner-energy hub and projects like Greenearth’s are creating a climate of opportunity for regional Victoria,” Mr Crutchfield said.

The $25 million grant has been awarded to Greenearth Energy which assists the first two stages of the Geelong Geothermal Power Project.

The Stage 1, Proof-of-Concept stage, has been awarded $5 million to drill a deep geothermal production well, an injection well plus flow testing. The Weatherford Drilling International Rig 828 has been secured for this initial stage and drilling is planned to commence in the second half of 2010.

A separate Australian Government Geothermal Drilling Program application for the maximum $7 million has been submitted and Greenearth Energy are awaiting a decision.

Upon successful completion of Stage 1, an additional $20 million has been granted by the Victorian Government towards the development of the Stage 2, 12MWe Geothermal Demonstration Plant.

"Greenearth Energy are delighted with the vision, leadership and support shown by the Victorian Government through the awarding of this substantial grant," Mr Miller said.

"This decision demonstrates the commitment of the State Government to the environment, renewable energy alternatives and Victorian-based companies who have demonstrated innovative projects that will assist in advancing Victoria in achieving its objectives of being a world leader in the fight against climate change."

Greenearth Energy’s domestic geothermal exploration and development focus is on HSA geothermal resources. HSA geothermal resources along with other hydrothermal systems have been successfully developed for power generation since the 1980s HSA geothermal power plants are successfully operating in the United States, Austria, Germany and Australia.


Profile

Greenearth Energy Limited is an Australian Geothermal energy company that aims to explore for and develop geothermal resources.

Greenearth Energy's flagship commercial development opportunity is the Geelong Geothermal Power Project (GGPP). This is a staged project development that lends itself to a multiple modular installation approach over time that will lead, in stages, to the construction of a geothermal power generation capacity in the Geelong area and the delivery of renewable energy into the Victorian energy grid.

On successful proof-of-concept and demonstration stages, the project could displace approx. 1.32m tonnes of CO2 equivalent or 59% of total estimated industrial emissions for the Greater Geelong region "

[Yakuta]

Habe am Samstag den 05.12 eine recht interessante Reportage auf Arte über Geothermie gesehen

http://www.arte.tv/de/Videos-auf-ARTE-TV/2151166,CmC=2342188…

[Popeye82]

die Entscheidungen zu den Förderprogrammen in Australien scheinen jetzt durch zu sein -hatte den groben Eindruck, dass das Verhältnis der positiven Bescheide bei etwa 1:2 lag:

Greenearth Energy receives $7 million Government funding for Geelong geothermal project - PI - Dec 14, 2009

- by Proactive Investors -
www.proactiveinvestors.com.au/companies/news/3789/greenearth…
http://stocknessmonster.com/news-item?S=GER&E=ASX&N=329939

"Greenearth Energy (ASX:GER) has added another string to its bow with the Australian Government awarding the company $7 million for its Geelong Geothermal Power Project from round two of the Geothermal Drilling Program.

Minister for Resources and Energy Martin Ferguson revealed five geothermal energy projects would receive Australian Government funding of $35 million from round two of the $50 million Geothermal Drilling Program.

Following the announcement, shares in Greenearth rose 2% to 25c.

The Geothermal Drilling Program will support Proof-of-Concept projects and help establish Australia as a world leader in geothermal technology development.

This Australian Government funding for the flagship Project's Stage 1 Proof-of-Concept, comes only a week after the Victorian Government, under the Energy Technology Innovation Strategy for large scale, pre-commercial, sustainable energy demonstration projects, awarded Greenearth Energy $5 million for the Stage 1 Proof-of-Concept and, upon successful completion of Stage 1, a further $20 million for the Stage 2, 12MWe geothermal demonstration power plant.

Greenearth Energy's Geelong Geothermal Power Project Stage 1 Proof-of-Concept is in a unique position, being supported by both State and Federal funding totalling $12 million.

Managing director Mark Miller said to now have the Australian Government’s support for the company's Stage 1 Proof-of-Concept underpinned the company's flagship Victorian geothermal power project.

"To have Australian Government and State Government technical and commercial experts independently asses our project and separately award grants for both stages of the Geelong Geothermal Power Project confirms our view of the merit and potential of this substantial base load, renewable energy project opportunity," Mr Miller said.

“We have had stellar support for our project from both industry and community of the Greater Geelong region from day one. We have been greatly assisted; we thank them all and look forward to working hard to deliver these communities and industries alike a clean, base load, renewable energy alternative.

“With such unanimous endorsement in our project we look forward to achieving our immediate priority of securing the remaining funding to commence the Geelong Geothermal Project's Stage 1 Proof-of-Concept as soon as possible."

Greenearth Energy has secured the Weatherford Drilling International 2,000 HP Rig 828 for the company's Stage 1 Proof-of-Concept drilling which is planned to commence in the second half of 2010.

Other companies, including Hot Rock, Geodynamics, GRE Geothermal WA1 Torrens Energy, also received the Australian Government funding through the Geothermal Drilling Program

The program will support more than $180 million worth of investment in the "exciting" new clean energy technology. In addition, geothermal energy was a big winner from the Renewable Energy Demonstration Program, with two projects worth approximately $535 million receiving Australian Government funding of more than $150 million.

Geoscience Australia estimates that if just 1% of Australia's geothermal energy was extracted it could supply Australia's total annual energy requirements for 26,000 years.


Profile

Greenearth Energy Limited is an Australian Geothermal energy company that aims to explore for and develop geothermal resources.

Greenearth Energy's flagship commercial development opportunity is the Geelong Geothermal Power Project (GGPP). This is a staged project development that lends itself to a multiple modular installation approach over time that will lead, in stages, to the construction of a geothermal power generation capacity in the Geelong area and the delivery of renewable energy into the Victorian energy grid.

On successful proof-of-concept and demonstration stages, the project could displace approx. 1.32m tonnes of CO2 equivalent or 59% of total estimated industrial emissions for the Greater Geelong region "

[Popeye82]

G4G Resources Concludes Agreement to Acquire Geothermal Property in Salta Province, Argentina - Dec 18, 2009
http://finance.yahoo.com/news/G4G-Resources-Concludes-iw-161…

[Yakuta]

Liest hier überhaupt noch jemand mit?

[Popeye82]

Reservoir Granted Geothermal Exploration Permit in Serbia - Jan 5, 2010
http://finance.yahoo.com/news/Reservoir-Granted-Geothermal-i…

"VANCOUVER, BRITISH COLUMBIA--(Marketwire - 01/05/10) - Reservoir Capital Corp. ("Reservoir" or the "Company") (TSX-V:REO - News)(Frankfurt:ROC - News)(Berlin:ROC - News) is pleased to report that its wholly-owned subsidiary, Southern European Exploration d.o.o. ("SEE") has been granted an exploration permit for geothermal energy at Vranjska Banja in southern Serbia; the first of its kind to be issued to a private company in the country. SEE has also filed applications for an additional three energy permits in the Vojvodina Province of northern Serbia.

The Vranjska Banja exploration permit covers 17.5 square kilometres in area, which has an elevated geothermal gradient attributed to the presence of Tertiary-age intrusives. The Company's permit surrounds an existing 200 square metre exploitation permit, where two existing geothermal wells (VG-2 and VG-3) have confirmed a high temperature gradient. Well VG-2 intercepted several hot water aquifers, the best of which measured 126 degrees centigrade between 864-890 metres depth. Well VG-3 intercepted a zone containing three intervals with measured temperatures of 124 degrees centigrade, between 1,500 and 1,575 metres depth.

The three permits still in the application phase in the Vojvodina Province of northern Serbia cover targets located in the Pannonian Basin. Historically, some 80 wells have been drilled in this basin, to test the hydrological and geothermal potential of various porous and permeable sedimentary units ranging in age from late Palaeozoic to Quaternary.

In late 2009, the Serbian government introduced feed-in tariffs in line with European Union standards, to encourage investment in renewable energy, establishing a price of 7.5 Euro cents (approximately US$0.107) per kilowatt hour for electricity derived from geothermal sources.

"Given the new feed-in tariffs, we see geothermal as a very viable form of renewable energy for this region and the addition of geothermal projects complements our growing hydroelectric development pipeline," commented Ms. Miljana Vidovic, President and CEO of Reservoir.


About Reservoir

Reservoir Capital Corp. is a Southeast Europe focused project generator, investing primarily in renewable energy. The Company holds two hydroelectric projects, Brodarevo 1 and 2, with 55MW of potential capacity undergoing pre-feasibility studies and an application in process for a third at Vrutci with 32MW potential capacity, all in southwest Serbia. Reservoir has also accumulated a substantial portfolio of precious and base metal exploration projects. Reservoir's common shares trade on the TSX Venture Exchange under the symbol "REO" and on the Frankfurt and Berlin exchanges under the symbol "ROC".

For further information on Reservoir Capital Corp. please consult the Company's website www.reservoircapital.ca. "

[Popeye82]

Steven Li: Mergers Abound in Geothermal - Energy Report - Jan 7, 2010

- Although the Copenhagen Climate Conference proved more a lesson in futility than a blueprint for a global energy shift, investors are already chasing green in 2010. But which alt energy source to invest in? One that runs 24/7, according to Steven Li, Senior VP of Technology & Clean Tech at Raymond James. "With geothermal it's always there, all the time," says Li, who examines key drivers for geothermal development and explains how small geothermal companies become "institutionally relevant" in this exclusive interview with The Energy Report. ... -
www.theenergyreport.com/pub/na_u/1294

[Popeye82]

Nevada Geothermal Power to increase production at Blue Mountain Faulkner 1 geothermal plant - NEWN - 08 Jan 2010
www.newenergyworldnetwork.com/renewable-energy-news/by_regio…

[Popeye82]

Greenearth Energy - GGPP Op Planning and Community Consultation to Commence - Jan 11, 2010
http://stocknessmonster.com/news-item?S=GER&E=ASX&N=330955

[Popeye82]

Hot Rock Awarded Three Geothermal Concessions in Chile - Jan 21, 2010
http://stocknessmonster.com/news-item?S=HRL&E=ASX&N=217620

("In commenting on these awards, HRL’s Executive Chairman Dr Mark Elliott noted that “with some 300 volcanoes the geothermal power potential of Chile is fantastic. This combined with a high in-country demand for renewable power and the high quality of the business environment in Chile presents an excellent investment case for HRL to extend its activities into international high temperature volcanic geothermal developments in parallel with its large hot sedimentary aquifer geothermal (HSA) projects in the Otway Basin in Victoria, Australia”. ...")

[Popeye82]

NV Energy to Purchase Power from Central Nevada Geothermal Plant - Feb 10, 2010
www.ram-power.com/News/News-Releases/News-Release-Details/20…

"LAS VEGAS, Feb. 10 /CNW/ - NV Energy (NYSE: NVE) announced today that it has signed a 20-year power purchase agreement with a subsidiary of Ram Power Corporation (TSX: RPG) for energy that will be produced by a new geothermal power plant under development in central Nevada. The 32-megawatt Clayton Valley Geothermal Project is expected to be generating electricity by 2014.

Terms of the power purchase agreement, which is subject to approval by the Public Utilities Commission of Nevada, were not disclosed.

The generating plant is being developed on one of five geothermal leases that Ram Power has acquired from the Bureau of Land Management in Esmeralda County, approximately halfway between Reno and Las Vegas. According to the developer, Clayton Valley has sufficient geothermal resources to produce up to 160 megawatts of electricity, which is enough to serve up to 96,000 households. The project will be developed and operated by Ram Power subsidiary Clayton Valley 1, LLC.

"We're pleased to add more clean renewable energy to our supply portfolio and to expand our use of geothermal power," said NV Energy President and Chief Executive Officer Michael Yackira. "The advantage of geothermal energy is that it's available for our customers around the clock."

NV Energy currently has more than 1,000 megawatts of geothermal, solar, biomass, hydro, waste-heat recovery and wind energy under contract or in the project development stage.

"Based on the 25 years of geothermal project development that Ram Power management has enjoyed in Nevada, we look forward to a successful project and the start of a new era in geothermal power generation in the state," said Ram Power Chief Executive Officer Hezy Ram. "We anticipate the project will be eligible for various federal and state tax incentives once completed."


About NV Energy

Headquartered in Las Vegas, Nevada, NV Energy, Inc. is a holding company with principal subsidiaries, Nevada Power Company and Sierra Pacific Power Company, doing business as NV Energy. Serving a combined 54,500-square-mile service territory, NV Energy provides a wide range of energy services and products to approximately 2.4 million citizens of Nevada and nearly 40 million tourists annually. For more information, visit www.nvenergy.com.


About Ram Power Corporation

Ram Power is a renewable energy company based in Reno, Nevada, engaged in the business of acquiring, exploring, developing, and operating geothermal properties and has an interest in geothermal projects primarily in the United States, Canada, and Latin America. For more information, visit www.ram-power.com. "

[Popeye82]

G4G Resources to Acquire Geothermal Properties in Argentina - Feb 16, 2010
http://cxa.marketwatch.com/TSX/en/Market/article.aspx?guid=h…

[Popeye82]

Petratherm - signs MoU with leading European company - Mar 3, 2010

+ Cooperative development of electricity producing projects on the Iberian Peninsula and the Canary Islands;

+ Direct and external exploration costs to be shared on a 50/50 basis with Special Purpose Vehicles (SPVs) to take forward projects through development phases with each project to be negotiated after sufficient exploration work is completed;

+ Formation of a technical committee, comprising representatives of both parties to oversee the exploration and development program;

+ In relation to the more advanced Tenerife geothermal project, Enel Green Power to;

- contribute 50% of all exploration costs to date and ongoing costs; and
- fund the first deep production well in return for a majority equity stake in the project. ...
http://stocknessmonster.com/news-item?S=PTR&E=ASX&N=177085

[Popeye82]

Panax Geothermal - Minister Ferguson Opens Pioneering Geothermal Project - Mar 8, 2010
http://stocknessmonster.com/news-item?S=PAX&E=ASX&N=218870

[Popeye82]

Antwort auf Beitrag Nr.: 39.089.079 von Popeye82 am 08.03.10 23:25:30

der Satz ist recht verschärft:

"Preliminary analysis by Geoscience Australia suggests that extraction of one per cent of the energy from Australian Geothermal sources could yield 190 million petajoules of energy. This is 26.000 times our primary power usage of 2005. ..."

[Popeye82]

Government of Western Australia grants permits for geothermal projects; The Government of Western Australia has granted ten new exploration permits to companies looking to develop geothermal energy projects in Western Australia - EP/NW - Mar 10, 2010
www.energy-pedia.com/article.aspx?articleid=139358&editionid…
www.ga.gov.au/minerals/research/national/geothermal/index.js…

"The Government of Western Australia has granted ten new exploration permits to companies looking to develop geothermal energy projects in Western Australia. Eight of the new permits were granted to companies exploring the greater Carnarvon basin in Western Australia's north. The remaining two permits focus on the south-east region, near Esperance.

The Carnarvon basin was the second area of Western Australia released to competitive bidding for geothermal exploration. New World Energy received seven of the eight permits awarded in this region while Geothermal Energy received the other.

The south-east area was the subject of Western Australia's third geothermal acreage release. The two permits in this area were granted to Greenpower Energy and cover a combined area of 10,732 sq km, with total work program expenditure of $42.9m planned across six years.

Norman Moore, mines and petroleum minister of Western Australia, said: 'These new permits granted by the Department of Mines and Petroleum enhance what is becoming a robust geothermal exploration sector.'

For further information regarding geothermal energy in Australia, visit Australia Geothermal

"

[Marigold]

Hallo Leute

Ich bin gerade eben auf den Markt Geothermie aufmerksam geworden und versuche mich gerade ein bisschen rein zu lesen.

Hab mir einige Gedanken über die Energiegewinnung der Zukunft gemacht und ich denke schon das Geothermie doch sicher eine große Rolle dabei spielen wird, vorallem weil der photovoltaik Markt langsam abklingt. (meiner meinung)

Im Solar und Windkraftsektor könnte man sicherlich noch etwas rausholen, nur der Markt ist meiner meinung nach, nicht so unentdeckt wie Geothermie.(Bessert mich aus fals ich falsch liege)

Hat jemand erfahrungen bzw. Inforamtionen über "Sierra Geothermal Power" hab sie gerade entdeckt und bin noch auf der suche nach Fakten und berichten, vlt kann mir ja jemand helfen, oder mir eine andere Geothermal AG empfehlen!?
-Danke

Grüße

[Popeye82]

Hot Rocks and Hot Investments… But Don’t Get Burned! - US - Apr 2, 2010
www.uranium-stocks.net/hot-rocks-and-hot-investments…-but-do…

"The geothermal industry has been taking one step forward and two steps back over the last year. On the forward side are grants and interest-free loans aplenty, particularly from governments wanting to jump on the green-energy bandwagon. Pushing back is not only some tough geology with deep, dry-rock drilling projects, but also the public fear of earthquakes along with other environmental issues.

Overall, what we’re seeing is a reality check for geothermal energy. It still leads the pack among the alternative energies as a sustainable source of base-load energy with no storage requirements. However, making the leap from tapping natural reservoirs to actually creating them, as EGS (enhanced geothermal systems) projects are trying to do, is proving harder than a lot of people have thought.

There is definitely a potential of earthquakes occurring in geothermal areas – case in point: the tremors at the Geox project in Landau, Germany. That was neither the first nor last time that these rumblings and geothermal projects have happened in the same neighborhood; after all, areas where hot rocks occur relatively near the surface also tend to be areas prone to earthquakes. The EGS process of fracturing rock layers via hydraulic pressure, necessary to inject and heat the water before pumping it back up, can also trigger seismic shifts in underground rocks.

On December 10, 2009, the Swiss government permanently shut down a geothermal project near Basel that was suspended in 2006 following a series of minor earthquakes. The Basel project was touted as the first commercial hot fractured dry-rock (aka EGS) geothermal project. The next day, AltaRock Energy told the U.S. Department of Energy it was abandoning its project at The Geysers in Northern California, an attempt to expand an existing conventional geothermal project via EGS.

AltaRock’s project at The Geysers was supposed to be the flagship of the Obama administration’s push for clean energy, enjoying the backing in millions of not only federal (read: taxpayer) dollars but also the likes of Google.org and other private investors.

AltaRock appears to have found that the deep drilling of EGS projects requires more than a government check and the tweaks to conventional techniques that some geothermal enthusiasts have suggested. In this case, the start-up company reportedly reached no more than 4,400 feet of its planned depth of 12,000 feet (3,700 meters) before a tricky layer of fibrous rock called serpentinized peridotite caused the holes to collapse.

More evidence that EGS drill programs are for neither the faint of heart nor the thin of wallet comes from Australia. Geodynamics, the only Australian company to reach “proof of concept” with EGS, has experienced a major delay at its Cooper Basin project in South Australia. The company’s goal of a 50-megawatt plant by 2012 was recently set back some two years due to the corrosion and failure of the project’s well casing.

Additional challenges in geothermal development are market access and the long stretch from drill rig to humming turbine. For example, MidAmerican Energy abandoned its Salton Sea project in California mainly due to lack of transmission resources and hence access to market.

In Canada, the Meager Mountain geothermal project north of Vancouver is the poster child for longevity in development. The area was recognized as a possible geothermal site in the mid-1970s, with both test and deep holes drilled for the next 30 years. These days Ram Power continues to pursue the prospect, but it appears the project is currently in stasis.

Quite a list. So what does it all mean for the future of geothermal energy, and particularly for us considering investment in it?

It’s still true that EGS has the potential to unlock previously inaccessible layers of hot rocks and make steam with them – lots of it. However, large uncertainties that hover around several aspects of deep hot rock geothermal projects make it difficult to quantify the risk in exploring and developing them, including degree of alteration and competency of the rocks at depth and chemistry of the geothermal fluids. Hand in hand with technical uncertainties come investment uncertainties.

Then couple those risks with high capital costs, environmental hurdles, and long lead times, and you have some stiff challenges for micro- and small-cap companies with limited technical expertise. The super-green appeal, energy potential, government grants, and possible carbon credits make geothermal energy attractive to companies anyway… but this just adds to investor uncertainty. Not only can the government taketh away what it may give, but you also have the usual “me-too” amateurs muddling the field.

In the past, we at Casey’s Energy Opportunity have reviewed a number of excellent companies pursuing geothermal projects. We still consider the upside potential high and will continue to pursue investment opportunities in the geothermal sector.

However, in response to an infusion of government grants (and many more to come) and venture capital, many companies have rebranded themselves as geothermal developers. A good portion of these companies lack the technical expertise or financial depth to be successful, even with the government carrying part of the financing. Seeing through them requires a sharp investment eye.

There’s some hope on the horizon. The Canadian Geothermal Energy Association released in January the Canadian Geothermal Code for Public Reporting. Standardized reporting should help investors evaluate geothermal companies.

Meanwhile, on the technical front are several challenges in EGS to work out. In addition to learning how to drill that deep, and to drill that deep despite any unfriendly layers of rock in between, there’s dealing with hot corrosive fluids. Precipitation of minerals in the system as water cools is another problem to solve. EGS projects are sending home some tough lessons that unlocking this considerable geothermal potential requires new technologies, not just extensions of established ones.

To sum it all up, the future of geothermal energy is still sound, and the sector is in the process of sorting wheat from chaff – both in techniques and in the companies using them. More than ever, good assets, technical expertise, and solid financials are the watchwords for geothermal.
Dr. Marc Bustin is an award-winning professor of petroleum and coal geology and one of the leading experts on unconventional oil and gas in the industry. As he says, geothermal resources are still a big contender among the “green energies,” but caution and due diligence are a vital part of investing in that sector. Find out how to profit from geothermal stocks with sound fundamentals and great potential… learn more by clicking here. "

[Popeye82]

[HRL] Hot Rock offered further volcanic geothermal projects in Chile - Australianinvestor - 13-Apr-2010
http://australianinvestor.com.au/news.asp?id=37655
http://stocknessmonster.com/news-item?S=HRL&E=ASX&N=219869

"Hot Rock Limited has been selected by the Chile Ministry of Mines for the award of two geothermal exploration concessions (tenements) -the Tuyatjo 4 and Calerias concessions.

The tender process attracted a high level of competition from both domestic and international geothermal companies, including Ormat, Magma Energy Corporation, Polaris Geothermal and Origin Energy.

This achievement substantially enhances HRL’s geothermal concession holdings in Chile to approximately 2,500km2, which includes three concessions announced to the ASX in January 2010 awarded on the basis of uncontested applications made by HRL.

In addition to these three existing plus two new concessions, HRL has also submitted a further 13 concession applications in northern and central Chile near existing transmission networks on an unsolicited basis to the Chile Ministry of Mining. These have recently been transferred to the Chile Ministry of Energy for final processing and HRL expects to be advised by the Ministry of Energy on the outcome of these applications within the next six months. "

[Popeye82]

[GDY] Innamincka 'Deeps' Joint Venture – Updated work program - Australianinvestor - 13-Apr-2010
http://australianinvestor.com.au/news.asp?id=37661
http://stocknessmonster.com/news-item?S=GDY&E=ASX&N=219882

"Geodynamics Limited, as operator of the Innamincka ‘Deeps’ Joint Venture, has announced an updated forward work program for the development of its geothermal resource in the Cooper Basin.

The updated work program has two main objectives.

Firstly, to allow the Joint Venture to take the final investment decision (FID) on a 25MW commercial-sized demonstration plant (CDP) by early 2013.

And secondly, to produce electricity from the Joint Venture’s 1 MW Power Plant at Habanero by early 2012.

This would be the first electricity production from Enhanced Geothermal Systems in Australia.

Jolokia 1 operations are scheduled to restart in June 2010, following delays from flooding.

Rig 200 is to drill the Habanero 4 and Habanero 5 well doublet and ‘Shallows’ exploration will commence parallel using Rig 100.

Jolokia 2 is to be drilled with Rig 200 to create a second well doublet and a 1 MW Power Plant is to be commissioned by early 2012 using Habanero 4 and 5.

The Final Investment Decision on a commercial demonstration plant is expected by early 2013. "

[R-BgO]

Hallo zusammen,

bin heute erstmals auf diesen Thread aufmerksam geworden, weil ich auf Magma gestossen war.

Im Depot habe ich seit einiger Zeit Ormat und Panax auf der watchlist. Werde jetzt mal die vielen hier genannten Werte dazunehmen.

so weit ich das auf die Schnelle überblicke, hat aber wohl nur Ormat nennenswerte Umsätze, oder?

Und warum ist es hier so ruhig geworden?

Viele Grüße
R-BgO

[sdaktien]

Magma Energy Corperation ISIN: CA5591841062 WKN: A0NDN1 Kürzel Börse Toronto: MXY

Maktkapitalisierung ca 280Mio C$; liquideste Börsenplätze Toronto (43 Kurse) Frankfurt (2Kurse)

Magma ist erst seit gut einem Jahr börsennotiert. Der Umsatz 2009 belief sich auf ca. 5,5MioUS$, wobei ein Verlust von 10MioUS$ (0,04US$ je Aktie) anfiel. Im ersten Quartal 2010 lag der Umsatz bei knapp 1,3MioUS$(-32% zum Vorjahresquartal), erstmalig gab es aber einen Gewinn von 142 000US$. Wenn ich die Dokumente von Magma richtig verstanden habe, insbesondere den MD&A Bericht für Q1/2010 wurde der Umsatz auschliesslich aus dem Soda Lake Kraftwerk in Nevada generiert. Fällt dieses Kraftwerk aus welchen Gründen auch immer aus (im Februar fiel das "Soda Lake plant II" wegen eines Feuers für einige Stunden aus) hat Magma kein Kerngeschäft mehr. Möglicherweise ist es Magma aber gelungen, sich von diesem einen Kraftwerk etwas unabhängiger zu machen, indem man, dem Bericht zu Folge, bei HS Orka eingestiegen ist, einem isländischen Betreiber von Geothermiekraftwerken. Nach dem MD&A Bericht lag der Magma Anteil bei Orka Ende März bei mehr als 40%. Laut der "Presentation July 2010" hat man Orka inzwischen aber zu 98,5% übernommen. Kaufpreis für den laut Bericht größten privaten Energieversorger Islands waren 136MioUS$ in bar und die Übernahme von Bonds im Wert von 95MioUS$. Mit der Übernahme Orkas geht Magma wohl auch eine Wette über die Entwicklung des Aluminiumpreises ein, denn der Strompreis von Orka ist an die Entwicklung des Aluminiumpreises gekoppelt. Orka kam in Q1/2010 auf einen Umsatz von 14MioUS$, Der Gewinn dürfte bei ca 4,3MioUS$ gelegen haben.
Technisch ist Magma alles andere als ein Renner. Nimmt man den Chart in Toronto, der am aussagekräftigsten ist, weil hier der liquideste Markt ist, befindet sich die Aktie in einem klaren Abwärtstrend, der von der 38er bei derzeit ca. 1,27C$ nach oben begrenzt wird. Zwar hat es Magma immer wieder mal geschafft, diese Linie zu durchbrechen, dies waren aber alles Fehlsignale. Wenig Hoffnung macht auch die Markttechnik, denn bei dem jüngsten Absturz seit Anfang Juli hat sich das Handelsvolumen signifikant erhöht, und auch der Stochastik, der währenddessen angestiegen ist (ein äusserst schlechtes Zeichen) dreht schon im überverkauften Bereich wieder nach unten.
Vielleicht spiegelt sich in dem Kursverfall seit Anfang Juli ja eine Verstimmung der Marktteilnehmer wieder, das Magma als Geothermieunternehmen nun in ester Linie von der Entwicklung des Aluminiumpreises abhängig ist.

Hier die Links zu den erwähnten Berichten

http://www.magmaenergycorp.com/s/FinancialStatements.asp - dort findet sich der MD&A Bericht als PDF

http://www.magmaenergycorp.com/s/Presentations.asp - auch ein PDF, hat sich bei mir beim öffnen der Seite automatisch runtergeladen.


Ormat Technologies: ISIN: US6866881021 WKN:AoDK9X Kürzel NYSE: ORA

Marktkapitalisierung ca. 1,3Mrd$ liquideste Börsenplätze: NYSE (158Kurse) Frankfurt (5 Kurse)

Bei Ormat an Informationen zu kommen ist wesentlich einfacher. Das Unternehmen ist im S&P 500 und bereits seit 2004 an der Börse. Aufgrund der Ergebnisse seit 2006 und den Schätzungen bis 2011 kommt Ormat auf ein Ergebniswachstum von ca 24% p.a. Bei einem angenommenen Ergebnis je Aktie von 1,22$ für 2011 (Quelle Börse Online) läge der faire Wert bei ca 29$. Da Orad an der NYSE momentan mit ca 28$ bewertet wird, würde ich das Unternehmen als am unteren Rand der fairen Bewertung einstufen. Etwas unter die Räder kam Ormat wohl im laufenden Geschäftsjahr, hier soll auch das Ergebnis je Aktie von 1,51$ in '09 auf 0,55$ in 2010 zurückfallen. Laut der Quartalsergebnisübersicht von CNBC sollen vor allem die ersten 2 Quartale sehr schwach sein, währenddessen sich die Ergebnisse des 2. Halbjahres und dann auch 2011 wieder so um die 20 bis 30 cent je Aktie einpendeln sollten. In Q1 war es wohl so, dass Ormat unter einem insgesamt schwächeren Geschäft bei gleichzeitigen Mehrausgaben für neue Kraftwerksprojekte litt, was zu einem Ergebnis von nur 0,04$ je Aktie führte. Ob sich dies bis zum Jahresende signifikant ändert bleibt abzuwarten.
Auch Ormat (Chart New York) befindet sich in einem Abwärtstrend, allerdings ist dieser nicht ganz so steil wie bei Magma. Bei Ormat wird dieser Trend durch die 100Tage-Linie begrenzt, die bei derzeit ca 29,5€ liegen dürfte. Auch hier zeigt sich beim Stochastik wenig Dynamik, der stieg aber immerhin mit dem Kurs und nicht dagegen. Inzwischen hat aber auch der Stochastik wieder gedreht, im neutralen Bereich, und deutet damit wieder fallende Kurse an. Positiv entwickelt sich jedoch das Handelsvolumen, das während des Rückgangs der letzten Tage ebenfalls stark absank. Sicherlich sind bei Ormat die Chancen für eine Bodenbildung etwas höher als bei Magma, dazu darf aber der erst im Juni erreichte Tiefkurs von 26,55$ (52Wochentief) nicht mehr unterschritten werden.

Panax Geothermical ISIN: - WKN: A0M965 Kürzel Australian Stock Exchange: PAX

Liqidester Börsenplatz Australien (13 Kurse) Berlin, Frankfurt (jeweils ein Kurs ohne Umsatz) Marktkapitalisierung wahrscheinlich ca. 14MioA$. Die Taxen in Frankfurt und Berlin erscheinen mir ausserdem etwas niedrig. Aufgrund des letzten Kurses in Australien müsste hier eigentlich eine vier vorne stehen.

Bei Panax an Informationen zu kommen ist noch schwieriger als bei Magma, das liegt aber weniger am Unternehmen selbst, als an der Seite der ASE, die überhaupt keine Basisdaten hat.
Aufgrund des Geschäftsberichts von Panax komme ich auf eine Marktkapitalisierung von ca. 14MioA$. Der Verlust je Aktie liegt bei einem Cent, wenn ich es richtig verstanden habe. Was anderes wichtigeres ist mir aber aufgefallen: Panax scheut nicht davor zurück, über die Ausgabe neuer Aktien frisches Kapital einzusammeln. So gab es 2007 90Mio Aktien, 2008 111Mio Aktien, 2009 bereits 235Mio Aktien (jeweils zum 30.6). Es ist also durchaus möglich dass sich die Aktienanzahl auch im laufenden Jahr wesentlich vergrößert hat. Aufgrund dessen und der sehr spärlichen Informationen, ist eine fundamentale Einschätzung meiner Meinung nach nicht möglich.
Auch Panax ist in einer Abwärtsbewegung (Chart ASE), die sich nach dem missglückten Stabilisierungsversuch im Frühjahr noch einmal verschärft hat. Momentan sehe ich auch nicht wo das enden soll. Das Handelsvolumen ist an schwachen Tagen teilweise sehr hoch, der Stochastik kriecht ohne Dynamik im überverkauften Bereich rum. Anzeichen für eine Kurserholung sind weit und breit derzeit nicht in Sicht.

Ich halte momentan alle 3 Werte für wenig attraktiv. Magma ist eigentlich kein reines Geothermieunternehmen, Ormat hat in diesem Jahr mit bislang schwächeren Ergebnissen zu rechnen und Panax ist aufgrund der Illiquidität und der Unsicherheiten über die Ausgabe neuer Aktien erst recht kein Investment. Hier drängt sich auch der Eindruck auf, dass man das Unternehmen am Leben hält, solange frisches Kapital reinfliesst. Ist dies nicht mehr der Fall, fährt das Ding halt vor die Wand. Dann wird das nächste Unternehmen gegründet.

Am ehesten kommt momentan wohl Ormat in Frage. Da wird Geld verdient, das Unternehmen hat eine ordentliche Größe und die Transparenz, die den anderen Beiden so ein wenig fehlt. Aber auch hier sollte man erstmal schauen, dass sich eine Bodenbildung vollzieht.

[R-BgO]

http://www.greentechmedia.com/articles/read/nevadas-big-bet-…

[Popeye82]

[HRL] Otway Basin Geothermal Resource increased to 180,000PJ - Australianinvestor - 27-Jul-2010
www.australianinvestor.com.au/news.asp?id=38661
www.stocknessmonster.com/news-item?S=HRL&E=ASX&N=222324

"Hot Rock has announced that its total geothermal resource estimate has increased by 170% at the company’s Otway Basin permits in Victoria.

The substantial increase is due to the addition of two new Hot Sedimentary Aquifer (HSA) geothermal reservoirs into the resource estimate, namely Penola and Tantanoola, located to the south-west of Casterton, Victoria. As such, total Inferred and Indicated Geothermal Resources have increased by 112,700 PJ to now stand at 180,000PJ.

At HRL’s flagship Koroit Geothermal Project near Warrnambool, where HRL has earlier declared a 66,600 PJ geothermal resource, a drilling and testing program has now been finalised. Backed by a Federal Government grant of $7 million, the company is on track to commence drilling its first production appraisal well early next year. "

[Popeye82]

[GRK] Substantial inferred geothermal resource for Alkimos permits - Australianinvestor - 9-Aug-2010
www.australianinvestor.com.au/news.asp?id=38772
www.stocknessmonster.com/news-item?S=GRK&E=ASX&N=500933

"Green Rock has engaged Hot Dry Rocks Pty Ltd (HDR), a leading Australian geothermal consulting company, to provide a Geothermal Resource estimate for its Alkimos Permits GEP2 and GEP39 north of Perth.

HDR reports that the Permits, covering 340 square kilometres, contain estimated Geothermal Resources amounting to 61,000 PJ of stored heat (equivalent to1.9 million MTtr,yrs).

Richard Beresford, Green Rock's Managing Director, said "Ten production projects of 10MWg' each running for 50 years would use less than one percent of the stored heat right beneath this major new community development. We are very excited by the potential for geothermal to supply a large part of the community's energy needs with this renewable and continuously available resource.” "

[Popeye82]

Canada's Big Geothermal Potential; Some 5,000 MW of potential power exists to be tapped - TER/Reuters - Aug 9, 2010

- Nicole Mordant -
www.theenergyreport.com/pub/na/7041
www.cangea.ca/news/archive/the-power-within-geothermal-energ…
http://watch.bnn.ca/commodities/march-2010/commodities-march…
http://watch.bnn.ca/market-morning/february-2010/market-morn…

"Canada has the potential to generate enough clean, low-cost electricity from geothermal sources to power 5M homes, the country's geothermal association said on Monday.


As things stand though, the resource-rich country does not produce a single unit of geothermal energy.

This is a result of a lack of government funding, a shortage of land made available for development, a dearth of knowledge and the existence of other cheap and more traditional power sources like hydro and natural gas, Alison Thompson, chairman of the Canadian Geothermal Energy Association said.

"Geothermal is practically the lowest-cost electricity, not only of the renewables," Thompson told delegates at an industry conference in Vancouver, showing a slide where only coal-generated power was cheaper.

In Canada, as in the United States, most of the geothermal resources are found in the West. Thompson said Canada has at least 5,000 megawatts of geothermal resource in the western provinces of British Columbia, Alberta, Yukon and Northwest Territories.

The industry wants the Canadian federal and provincial governments to invest in mapping studies and provide early stage financial support, as the U.S. has.

Ironically, Canada has an abundance of geothermal developers but most of the companies are active in the U.S.—the world's biggest producer of geothermal energy.

Some 27% of geothermal development in the U.S. is carried out by Canadian-based companies, said Alexander Richter, director of sustainable energy at Islandsbanki, an Icelandic bank active in geothermal financing.

Geothermal companies have set up shop in Canada largely because of the financial community's comfort with financing mining projects, which are similar to the earlier stages of geothermal development.

Canadian-listed geothermal developers include companies such as Magma Energy Corp., Ram Power Corp. (TSX:RPG), Nevada Geothermal Power and Sierra Geothermal Power Corp. "

[Popeye82]

Geothermal Sector Survey - CG - Sep 22, 2010
https://survey.confirmit.com/wix/p1396217278.aspx?__sid__=KR…

[SeeeD]

Ich weiß nicht ob die Risiken in diesem Thread bereits erwähnt wurden.
Falls doch entschuldigt bitte den Post.

In der Gegend in der ich Wohne gibt es zwei Geothermiewerke (im Umkreis von 10km).
Seit der Inbetriebnahme der Kraftwerke gab es an beiden Standorten vermehrt Erdbeben.
Es wird nur spekuliert ob die Kraftwerke schuld sind oder nicht. Aber es sieht so aus, als würde es an diesen liegen.

Gegen die Errichtung eines neuen Kraftwerks wird von den Bürgern heftigst demonstriert.
Dementsprechend bin ich sehr skeptisch was diese Kraftwerke und deren Zukunft angeht.


Gruß

[Popeye82]

[EHR] Earth Heat Resources to develop major geothermal resource in Rift Valley - Australianinvestor - 22-Oct-2010
http://australianinvestor.com.au/news.asp?id=39347
www.stocknessmonster.com/news-item?S=EHR&E=ASX&N=180064

"Earth Heat Resources Limited, an ASX listed New Energy Company, has announced that it has entered into an agreement to explore and develop a major geothermal resource in the Rift Valley in Africa. A Joint Venture Agreement (‘JV’) has been signed with the Djibouti Ministry of Energy and Natural Resources and Electricite de Djibouti in relation to the Fiale Geothermal Development Project (‘Fiale Project’), located in the Lake Assal region of Djibouti. Considered to be one of the most strategic geothermal opportunities within the Africa Rift Valley, Lake Assal is an area of recent volcanic activity, known from drilling in the 1980s and has recently come under intense focus of international geothermal power players.

Earth Heat has been appointed by the Djibouti Ministry of Energy and Natural Resources as the operator of the Fiale Project and subject to completion of all documentation, will enter into a binding PPA in support of its investment.

Under the terms of the JV, Earth Heat has the right to drill, extract, analyse, undertake all necessary works, and obtain all necessary rights to land access, permits and approvals covering the Fiale Project. The Fiale Project has had five wells drilled to date and has shown highly promising results, particularly in terms of productivity. Temperatures have been recorded up to 359 degrees Celsius at 2000m (commonly >250C at 1000m).

The work program to establish a 150MW Geothermal Development is broken up in three tranches, the first being to define, develop and install a 50 MW plant as soon as feasible. Tranches two and three will be to define and expand on the resource in 50MW increments to total capacity. "

[Popeye82]

[GRK] Very large Geothermal Resources in North Perth Basin Permits - Australianinvestor - 28-Oct-2010
http://australianinvestor.com.au/news.asp?id=39367
http://stocknessmonster.com/news-item?S=GRK&E=ASX&N=512032

"Green Rock Energy Limited has announced very large geothermal resources at its North Perth Basin Permits identified by independent estimate.

Stored heat totalling over 1 million PJt (petajoules thermal) is estimated in seven of Green Rock’s North Perth Basin Permits within a region of rapid power demand growth.

The Indicated Geothermal Resource (based on temperature data recorded in existing wells within the target reservoir) is 26,000 PJt, easily sufficient to support a target of 100MW of power generation capacity.

Green Rock is planning to define drilling targets in the first half of 2011. "

[Popeye82]

US Geothermal Energy Market Report ´10 - IB - Oct 4, 2010

"Íslandsbanki releases its 4th annual U.S. Geothermal Energy Market Report, this year with a special feature on the Canada Geothermal Energy Market.

The report highlights the continuing growth of the U.S. geothermal energy sector, as well as the challenges ahead for the industry.


The report was released at the beginning of the 3-day Geothermal Energy Expo and GRC Annual Meeting, the largest geothermal energy event in the world.

Alexander Richter, who heads the research activities in the bank‘s geothermal energy team, introduced the report as part of his speech at the Opening Session of the conference, highlighting the need for the industry to prepare for the growth ahead.

The key findings of the report include the increased number of projects, with today 152 geothermal power projects in the United States with a capacity potential of up to 7,050 MW. The report highlights the increase in demand for drilling rig and drilling finance. With a financial demand of US$13 billion for drilling in the next 4 years alone , the industry faces not only a challenge to attract the necessary capital, but will also see a strong competition for qualified staff and technologies.

The stimulus legislation definitely has helped spur interest in the sector. The investment tax credits and cash grants, as well as the loan guarantees and research and development allocations show a positive impact, but cut backs to the loan guarantee program funds and pending legislative efforts are reason for concern.

Íslandsbanki was – like in recent years - represented at this largest gathering of industry players from the U.S. and internationally hosting 160 exhibitors and attracting more than 3,000 visitors. Growing from year to year, this year‘s event has been the biggest ever attracting an increasingly international crowd.

This is fourth time the geothermal energy team of Islandsbanki was represented at the event with a booth, highlighting the committment of Islandsbanki to the geothermal energy industry om the U.S.

Íslandsbanki has released the U.S. Geothermal Energy Market Report with the start of the conference. ..."
www.islandsbanki.is/servlet/file/store156/item72316/version4…


Rest ´10

Kanada:
www.islandsbanki.is/servlet/file/store156/item67689/version3…

Island:
www.islandsbanki.is/servlet/file/store156/item61173/version3…

[R-BgO]

http://www.renewableenergyworld.com/rea/news/article/2010/11…

[R-BgO]

http://www.theenergyreport.com/pub/na/7782

[married]

Nach " Japan " ....

wundert es mich schon ein wenig, dass der letzte Beitrag zum Thema hier von Dezember 2010 ist / war.

Auch die Geothermie sollte in der Energiediskussion
bald wieder einen größeren Stellenwert einnehmen können.

Zum Stand der Forschung und Technik selbst wurde hier genügend beigetragen, so
dass man sich nun durchaus nach einem evtl. "passenden" Unternehmen umsehen kann.

Keine Kaufempfehlung, nur als Diskussionsbeitrag gedacht:

Eine börsennotierte kanadische " early - stage " Gesellschaft habe ich durch Zufall entdecken können: NVG

Mit einer Markkapitalisierung von gerade Mal rund 3 Mio. sicher noch nicht in aller Munde, bzw. breit durchdiskutiert.

Die letzten news zeigen hier auf die geplante geothermal exploration als zweites Standbein von NVG.

Viel interessanter aber die neuesten Personalien:

2011-03-31 14:29 ET - News Release

Mr. Mel Stevens reports

APPOINTMENT OF NEW TEAM MEMBER ON ADVISORY BOARD

Nass Valley Gateway Ltd. has appointed Dr. Mory Ghomshei, PEng, PGeo, to the company's advisory board. Dr. Ghomshei is currently an adjunct professor at the University of British Columbia, teaching courses on energy resources of the ground and is conducting research in geothermal energy resources and systems. He also teaches professional training courses on integrated geothermal energy and energy sustainability at the Association of Professional Engineers and Geoscientists of British Columbia (APEGBC). As an international geothermal expert, Dr. Ghomshei has developed guidelines for geothermal power development for the World Bank, and has participated in exploration and development of several geothermal fields around the world. As the chair of the Canadian Geothermal Energy Association (CANGEA) from 1989 to 2007, Dr. Ghomshei contributed to the promotion of geothermal energy throughout Canada and around the world.

Nass Valley's advisory board presently consists of Alan Moore, a former chairman of Greenville Enterprises Inc., the Nisga'a village government development corporation, Bert Kelm, PEng, a former Western Canada district manager for Ascolectric Ltd., with considerable experience in electrical engineering and project management, and Rick Morrison, a former bank branch manager for Aboriginal banking and small business.

The company is also pleased to announce the acquisition of Nass Energy Inc. as one of its wholly owned subsidiaries. Nass Energy Inc. intends to perform geothermal exploration and resource assessment primarily in northwestern British Columbia, Canada. The ultimate goal would be to build the first geothermal plant in Western Canada in the northwestern part of B.C.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aNVG-18256…

Meinungen dazu ?