GDY are (at least in this initial stage) avoiding the Kalina Cycle technology, and will be pursuing an organic Rankine Cycle setup (cheap, safe, and well established).
The focus is on proving viability - and at the moment, the Cooper Basin projects are far from requiring the Kalina Cycle to be the most attractive renewable power project in Australia.
From the discussions I have had with management, the Kalina Cycle is a very real option for improving the output once we have achieved the fabled and widely-debated 'proof-of-concept'. Until then, they just want to prove extractability (a word I may have just invented).
Seems a decent time to top up at the moment.
Cheers
RNE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
