RNE 14.3% 0.8¢ renu energy limited

short term weakness, page-4

  1. 38 Posts.
    flow rates If I have my facts straight, at the moment the flow rate GDY has seems to be enough for the equivalent of 5 MW electricity generation (was it about 12 lt per minute at above 200 deg c). If you get about $500,000 (give or take 100%) per per annum for one MW, then the potential revenue might be $2.5 million per annum from what they have.

    It is very early days!

    I'll consider buying when they have a few more holes providing some extra flow.

    If anyone thinks my wires are crossed - don't hesitate to correct my figures here! Hope this is helpful.

    If you are interested in the history of geothermal technology, a good link is http://geoheat.oit.edu/bulletin/bull23-4/art4.pdf
    This details what happened at Fenton Hill in the US which was abandoned (used much inferior technology to what is available at GDY, but a great story if you want to understand what is going on).

    Hope this stimulates some thinking.
 
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