VUL 2.68% $3.83 vulcan energy resources limited

German impacts, page-495

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    @Virgon

    1) It should be known that geothermal opponents have a conflict of interest with geothermal companies!

    2) It is immensely important to inform yourself. Do your own Research!

    3) I am active on the Hotcopper forum because I have noticed that geothermal opponents are putting their personal opinions on several stock market forums and it will be difficult for Australians to research information from Germany.Since I have my own money invested in Vulcan and live in Germany, I try to bring in a lot of information that will give investors a better insight.

    4) If you need a short answer, I recommend reading the final report of the Citizens' Council for Geothermal Energy Breisgau.Here, 40 randomly selected citizens were involved in an information and dialog process.
    https://www.badenovawaermeplus.de/downloads/erneuerbare-energien/geothermie/abschlussbericht-erdwaerme-breisgau.pdf#page=56
    The majority of the citizens involved are in favor of hydrothermal geothermal energy.

    5) In what context should the agenda item "Presentation of the topic of lithium extraction from geothermal energy" of the Hassloch municipal council be seen?
    The municipal council meeting Hassloch on 21.09.2022 to the agenda item was a contentwise information determined by geothermal opponents.

    5a) Meeting Hassloch Municipal Council on 21.09.2022.
    https://sessionnet.krz.de/hassloch/bi/vo0050.asp?__kvonr=14386

    Quotes: "In the meeting of the municipal council on 15.06.2022 the chairman welcomed Dr. Kreuter, Mr. Weimann, Mr. Zeilinger and Mr. Eichner from the company Vulcan Energy as well as Mr. Hübner and Mr. Farak from the State Office for Geology and Mining."

    "As no representatives of the Ortenau district could be present it was decided to invite them to another meeting. In addition to the Ortenau district, one representative each of the Bürgerinitiative Geothermie Landau e.V., the Energieagentur RLP, the Pfalz-Parterre as well as Vulcan Energy and KIT's were invited."

    5b) Hassloch municipal council meeting of 15.06.2022, "Antrag der Fraktion Bündnis 90 - Die Grünen vom 20.01.2022: Antrag Projekt Lithium-Gewinnung in Hassloch".
    https://sessionnet.krz.de/hassloch/bi/vo0050.asp?__kvonr=13332

    Lithium risk analysis
    https://sessionnet.krz.de/hassloch/bi/getfile.asp?id=5244492&type=do

    6) I take out selected contributions of the Geothermiegegner exemplarily.

    6a) Mr. Müller, BI Landau
    https://www.youtube.com/watch?v=1QSQZXBG81E&t=2400s

    Quote (minute 40:00): "The net efficiency in power generation is something like 2 to 7%."

    Answer Mr. Weimann, Vulcan Energy
    https://www.youtube.com/watch?v=1QSQZXBG81E&t=5805s
    Quotes (hour 1:36:45): "Geothermal is a great heat pump. That means from 1 kW of electricity, we can get orders of magnitude of 30 to 50 kWh of heat there."

    6b) Mr. Müller
    https://www.youtube.com/watch?v=1QSQZXBG81E&t=2467s
    Quote (minute 41:07), "There is a highly explosive isopentane in this system..."

    Answer Mr. Weimann
    https://www.youtube.com/watch?v=1QSQZXBG81E&t=5742s
    Quotes (hour 1:35:42): "Let me give you the example of a gas station. That's where these quantities of explosive fuels are stored. When they carry out maintenance or something, the mining office doesn't stand next to it, no mining office comes, no one comes."

    6c) Mr. Müller
    https://www.youtube.com/watch?v=1QSQZXBG81E&t=2484s
    Quote (minute 41:24): "And Insheim is actually the earthquake generator..."

    Answer Mr. Weimann
    https://www.youtube.com/watch?v=1QSQZXBG81E&t=5915s
    Quotes (hour 1:38:35): "We've had absolutely safe operations for about 9 years.... This traffic light was once worked out. That you have different levels here (1 to 6).... We've been in the range below 1 for over 9 years, so we're in the 1 range."

    6d) Mr. Müller
    https://www.youtube.com/watch?v=1QSQZXBG81E&t=2613s
    Quotes (minute 43:33): "This is in Pohang. South Korea. And you see what the damage looks like there..."

    Question: What is the difference between petrothermal and hydrothermal geothermal energy?
    Vulcan Energy relies on hydrothermal geothermal energy!

    6e) Tobias Meyer Mayor city Hassloch
    https://www.youtube.com/watch?v=1QSQZXBG81E&t=3004s
    Quotes (minute 50:04): "...in the hour and a half that you quoted, we worked for half an hour with critical questions. It was not now that the true doctrine could be spread there.... I think you will not come short today as an opponent."

    Meant is the meeting of the local council Hassloch on 15.06.2022.

    6f) Mr. Roser, BI südlicher Oberrheingraben
    https://www.youtube.com/watch?v=1QSQZXBG81E&t=3919s
    Quotes (hour 1:05:19): "In 2020, we had a major loss event in our area, the Vendenheim deep geothermal project accident..."

    Question: What is the difference between petrothermal and hydrothermal geothermal?
    Vulcan Energy is committed to hydrothermal geothermal energy!

    6g) Mr. Roser
    https://www.youtube.com/watch?v=1QSQZXBG81E&t=4179s
    Quotes (Hour 1:09:39): "They're asking for 13 million in insurance, for example."

    Answer Mr. Weimann
    https://www.youtube.com/watch?v=1QSQZXBG81E&t=6030s
    Quotes (hour 1:40:30): "And I can't understand the insurance amounts that were mentioned.... The power plant in Insheim has much higher insurance. We are there with a corresponding insurance sum of 50 million. And that has been defined as sufficient by the insurance industry and also by the mining authority."

    Any translation with deepl.com.
 
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