Leading Australian geothermal exploration and development company, Geodynamics Limited has received the Clean Energy Council (CEC) Innovation Award.
The Clean Energy Council is the peak body representing Australia's clean energy sector, with CEC members involved in the development of clean energy technologies such as bioenergy, cogeneration, energy efficiency, geothermal, hydro, solar, solar hot water, marine and wind.
The award recognises the leading edge technology developed and deployed in producing Australia’s first Enhanced Geothermal Systems (EGS) power with the commissioning of the 1MWe Habanero Pilot Plant in Innamincka, South Australia. The Innamincka Deep Granite EGS resource is Australia’s most advanced geothermal energy prospect with the potential to generate large scale base load power and make a significant contribution to Australia’s clean energy future for decades to come.
Acknowledging the recognition by peers in the clean energy industry, Geoff Ward, CEO and Managing Director of Geodynamics says that the industry is evolving rapidly with many technologies, products and systems improving the delivery of clean energy and bringing real benefits to consumers.
The Habanero EGS Project is a globally significant demonstration of EGS geothermal capability, and is supported by the Australian Government through the Australian Renewable Energy Agency’s provision of the Renewable Energy Demonstration Program grant funding. Mr Ward says that the funding has been critical in enabling Geodynamics to achieve the 1MWe pilot plant commissioning milestone and demonstrate world leading capability in this area of geothermal technology.
He also thanked the CEC for their tireless work in advocating for the clean energy sector and the significant contribution made by the organisation to ensure a fact based debate supports the development of sustainable and economically beneficial energy policy for Australia.