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Australian Geodynamics wins $90M to make hot-rock power a reality
Geodynamics, a company that draws emissions-free power from hot fractured rocks beneath the earth’s surface, has just won $90 million from Australia’s Renewable Energy Demonstration Program. The Hot Fractured Rock (HFR) technique is basically the extraction of the earth’s heat from broken granite over three kilometers deep in the planet’s crust. The rocks are astoundingly [...]
Jan 10th, 2011 | Filed under NewsTags: Air Conditioners, Art Form, Boiling Point, Boiling Points, Demonstration Program, Enormous Investments, Geodynamics, Geothermal Power, Heat Exchanger, Hot Rock, Hot Rocks, Liquids, Loop System, Oil Industry, Production Wells, Refrigerators, Renewable Power, Solar Technologies, Superheated Water, Transmission Infrastructure