initial feedback from the conference, page-12

Regarding the pilot plant costs Jukes - the HTM Wilson report on Geothermals (don't have a URL to hand - I looked at a saved copy of the PDF - let me know if you don't have it) comments:

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The power plant at the surface for both HSA and EGS is very similar. We understand the capital cost of binary power plants to be relatively standard at approximately US$2M/MW.
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Interesting on several counts:

- "relatively standard" costs sounds like this is all derisked off-the-shelf technology;

- I'd have thought a binary thermal power plant was quite a bit more complex than a Pelton turbine, so the HTM numbers should provide a valid upper limit for the power plant cost of about A$13M (including switchgear I assume);

- This suggests that manufacture and installation of each of the CETO III units weighs in at over A$750K - does that sound about right? Seems a bit exy but I suppose its possible.