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Geodynamics completes geothermal power trial, targets commercial development

Geodynamics completes geothermal power trial, targets commercial development

Geodynamics (ASX: GDY) has successfully completed the 1 Megawatt equivalent Habanero Pilot Plant Trial in South Australia and will now focus on developing a firm proposal for development of an initial commercial plant.

This includes establishing a range of development options for the supply of electric power or industrial heat to identified local customers.

These proposals will be used to engage with identified customers to secure off-take agreements and to progress discussions with funding partners to secure financing of the next development stage.

Habanero Trial

The Habanero Pilot Plant operated for 160 days following commissioning on 30 April 2013 and performed better than expected.

Maximum sustained closed loop flow rates of 19 kilograms per second were achieved during reliability trial runs, above the expected maximum performance indicated by previous performance of Habanero 1 as an injection well and system modelling.

A new maximum well-head temperature was achieved at Habanero 4 of 215°C; at the time of completing the trial the well-head temperature at Habanero 4 was still slowly rising after 160 days of production.

The plant demonstrated better than expected reliability and system stability; an extended continuous production run in excess of 50 days was achieved.

 

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