Instead, the review highlights the highly misleading resource potential of the 3 to 5 km deep rock volume and leads GRV into thinking EGS might be worth pursuing. However the inferred resource number is so high because the inferred resource area is so high - the inferred electrical power generation potential per sq km is actually about 1.7 MWe (3012 MWe divided by 1752 sq km).
So, even if you could create an EGS reservoir 1 sq km in area in the 3- 5 km deep rock volume the largest power station you could operate is 1-2 MWe. To make a 5 MWe power plant you would need to make 3 or 4 EGS reservoirs side-by-side. The cost of this scheme would be ridiculously high.
GRV Price at posting:
10.5¢ Sentiment: Hold Disclosure: Not Held
