3/
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.
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greenvale energy ltd
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3/Instead, the review highlights the highly misleading resource...
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Last
5.5¢ |
Change
0.004(7.84%) |
Mkt cap ! $29.98M |
Open | High | Low | Value | Volume |
5.3¢ | 5.7¢ | 5.3¢ | $26.62K | 490.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 34191 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 56886 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 34191 | 0.051 |
1 | 53100 | 0.049 |
1 | 20000 | 0.045 |
1 | 11500 | 0.044 |
1 | 11879 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 56886 | 1 |
0.056 | 50000 | 1 |
0.064 | 99206 | 1 |
0.069 | 100000 | 1 |
0.085 | 250000 | 1 |
Last trade - 15.47pm 30/07/2025 (20 minute delay) ? |
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