RNE 0.00% 0.1¢ renu energy limited

power and water, page-53

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    # Stockmarket release dated 30th May 2005 notes flow rate in HAB 2 of 20kg per sec equals 15 MW of geothermal energy.
    # Assume this is total heat energy. Say conversion factor is 80% (Jukes assumption of T1 less T2 equals 85%) therefore we could possibly extract 80% of 15 MW equals 12 MW left after converting and running the input pump.
    # Todays flow rate is approx 23kg per sec. If correlation is linear (Jukes formula suggests that linear assumption is conservative as temp differential goes straight to the bottom line) then 23 divided by 20 times 12=14 MW

    Front cover of quarterly in Jan 06 from memory showed a central well with 6 surrounding wells. If each flows to above criteria this may support 80 MW (Seems high)


    Release notes that kill weight drilling fluid was being displaced by water and approx 23 kg per sec of water flowed. Not sure at what water injection pressures the displacement occurs but the general nature of this release (and company history of announcements) indicates to me that the release is likely to be conservative.

    Between Jukes theory and above we may be getting a rough idea of what the numbers mean.

    Feel free to correct if the above is in error.

    Anybody know what technically constitutes proof of concept and how this release places GDY for bonus. Looking at the lead times for open and closed circ testing I am backing us out.






 
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