Yes, it depends on the temperature and flow-rate of hot water and steam coming out of a well, and how many wells you can economically drill in the area available. In volcano-hosted, high temperature, hydrothermal systems you can get a lot of energy out of a small number of wells in a small area, so the drilling cost per MWe is relatively low. This project will require a large number of wells over a large area for a relatively high cost per MWe, and you will need to pump the water out with even higher cost.
I can see a series of tiny local power plants of less than 0.5 MWe located around one or two wells, equivalent to a few paddocks of solar panels, but I can't see how this inferred resource report can ever lead to a profitable project of significant scale.
- Forums
- ASX - By Stock
- STX
- Ann: Mid-West Geothermal Power Project Inferred Resource
Ann: Mid-West Geothermal Power Project Inferred Resource, page-42
-
- There are more pages in this discussion • 63 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STX (ASX) to my watchlist
|
|||||
Last
28.0¢ |
Change
0.030(12.0%) |
Mkt cap ! $801.0M |
Open | High | Low | Value | Volume |
24.5¢ | 28.3¢ | 24.5¢ | $7.221M | 26.82M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 293004 | 27.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.0¢ | 820079 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 80250 | 0.275 |
14 | 1138369 | 0.270 |
5 | 465632 | 0.265 |
12 | 320576 | 0.260 |
3 | 252621 | 0.255 |
Price($) | Vol. | No. |
---|---|---|
0.280 | 482958 | 11 |
0.285 | 933593 | 12 |
0.290 | 299158 | 9 |
0.295 | 279001 | 7 |
0.300 | 1053232 | 15 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
STX (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online