Queensland Geothermal Locations
- Nine tenures close to population centres and transmission lines.
- EPG2028 surrounds Fortesecure’s $1B Gladstone hydrogen project.
- EPG2023 (Julia Creek) adjacent to CopperString 2.0
- Up to 50 blocks per location totaling over 31,500 km2
Geothermal projects in Australia have focused on High-temperature reservoirs above 180°c which exist only in remote and deep formations.
GREENVALE is focusing on technology which has become widely adopted over the last few years with the use of Binary Cycle Systems that use lower temperature reservoir water of between 80-120°C and a heat exchanger process to operate a turbine in a closed loop.
Binary Cycle Systems are currently contributing over 4,100MWh of energy in the US, with capacity growing by up to 4% per year.