Hello. The TEFS will be interesting. I tried to learn about geothermal today. It was hard work. I found a German geothermal project is estimated to cost Euro$368M or AUD$616M for 8.2MW. I don't understand electricity very well but if my guesses are correct, this would produce around AUD$13m pa in revenue (before costs) at current German prices of AUD$179/Mwh. If this is a terrible return on investment.
https://www.eavor.com/blog/eavors-and-turbodens-closed-loop-technologies-move-forward-in-geretsried/
https://www.globaltradealert.org/intervention/139526/state-loan/germany-eib-provides-financing-for-eavor-loop-ieu-gt
https://www.upstreamonline.com/energy-transition/bp-and-chevron-become-part-owners-of-deep-geothermal-innovator-eavor/2-1-963461
Disclosure: Not held
Ann: Study confirms geothermal attractiveness of Paralana, page-3
Add to My Watchlist
What is My Watchlist?
