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Archive for March, 2009

Sasol (NYSE: SSL) studies Uzbekistan gas-to-liquids plant

Posted by johnio78 on March 31, 2009

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Geothermal projects in Mexico hoping for a second chance

Posted by johnio78 on March 31, 2009

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Applied Energy Management , a subsidiary of Lime Energy (NASDAQ: LIME) awarded contract for Geothermal System

Posted by johnio78 on March 31, 2009

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China building more coal-to-liquid demonstration projects

Posted by johnio78 on March 31, 2009

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W2 Energy (Pinksheets: WTWO) Clean Coal Power Plant system can converty any type of coal

Posted by johnio78 on March 28, 2009

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Utilization of geothermal energy in China and the growth rate

Posted by johnio78 on March 28, 2009

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Geothermal power coming to Anaheim, CA

Posted by johnio78 on March 28, 2009

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Plans drwn up for power grid

Posted by johnio78 on March 28, 2009

Posted in Ocean/wave/tidal energy | Tagged: | 1 Comment »

Panax Geothermal (ASX: PAX) Potentially Australia’s Cheapest Clean Energy

Posted by johnio78 on March 27, 2009

Panax Geothermal Ltd has announced its major geothermal power project has the
potential to produce Australia’s cheapest clean energy.

Panax Managing Director Dr Bertus de Graaf said a pre-feasibility study shows the
company’s Penola Project in South Australia’s Otway Basin has the potential to generate
zero emission base-load power at a total cost of $63 per megawatt hour.

“These projected costs are highly competitive with other renewable forms of power
generation, such as wind or solar thermal, and are on par with gas-fired power
generation but without the carbon dioxide emissions and associated penalties,” he said.

“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 pre-feasibility study was based on a three stage development,
starting with a Demonstration Plant based on one production well and finishing with a
Phase 2 plant based on 10 production wells and eight injection wells.

He said the $63 per megawatt hour cost of the Panax phase 2 plant compared well to
$107/MWh for wind and solar thermal projects, $62/MWh for gas-fired power generation
and $55/MWh for black coal.

“Given our close proximity to the national grid, the cost of connecting to the power grid
adds approximately $2 to the total cost per MWh net output,” he said.

“The potential costs of financing and future benefits of carbon credits have been
excluded to facilitate a true comparison with other forms of established power
generation.”

Panax’s pre-feasibility study has been backed by internationally recognized United
States-based geothermal consulting firm GeothermEx.

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Fluor and Airtricity granted rights to develop 700 MW Offshore Wind Farm in Scotland

Posted by johnio78 on March 21, 2009

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