Attached PIRSA document shows the proposals received for next round of grants - successful companies will be advised April.
Page 43 clearly shows Callabonna Energy's geothermal SEL's - looks like some of the U tenements may also be subject to grant application (the geothermal licences overlay the U)
PACE Drilling Collaborations: Round 6 63 proposals submitted 49 Minerals 14 Geothermal and Petroleum
Link Provided: www.pir.sa.gov.au/__data/assets/pdf_file/0009/1287... substantial holder notice was a little late in coming - S K Energy has been the major s/h since the merger.
Below is link to SK's website but briefly ..... Founded in 1962 as Koreas first oil refiner, SK Energy, a subsidiary of SK Holdings, is Koreas largest, and Asias fourth largest, refiners and is one of the worlds leading energy and petrochemical companies with 5,084 employees, US$24 billion is sales and 26 offices spanning the globe
SK also want to become a "buyer" of CUU's Uranium - if/when they prove up a resource
Another large (33.3mil shares) investor in CUU is Gieger Counter UK
CUU's sp is currently around 1.2c - to have these 2 (in particular) on the register is a good thing IMO. Most of the other top 20 s/h have their shares in escrow until 23/9/2010 also
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S K Energy is also at the lithium-ion battery forefront...
Smarter, Greener Power
An SK Energy engineer examines the lithium-ion battery products at the companys technology center in Daejeon last week. / Korea Times
SK Taps Innovation in Renewable Energy
By Kim Tong-hyung Staff Reporter
South Korea is leaping on the smart grid bandwagon, eyeing a transition to digital, networked power systems and services. And the SK Group, one of the country's largest business groups with SK Energy, SK Telecom and SK Networks among its key affiliates, expects to factor in guiding the process forward.
The global movement to transform old power networks into smart electric grids is considered one of the most critical renewable-energy efforts by governments yet. Smart grids, which could be described as somewhat of an ``energy Internet,'' are achieved by adding a wide variety of information technologies such as sensors, digital meters and communications networks to the existing wires,
By enabling people to monitor and control energy usage, smart grids can make electricity networks less wasteful and introduce a variety of new, innovative services for homes.
According to the roadmap plan announced by the Ministry of Knowledge Economy, the country will spend about 27.5 trillion won (about $24 billion) through 2030 to finance its smart grid initiative.
The smart grids are also expected to have a central role in other major green technology projects, as policymakers connect the advanced power systems to a future nationwide network of recharging facilities for electric vehicles. By 2030, the recharge facilities at gas stations, mega retail chains and local government facilities will be capable of jolting around 27,000 cars, ministry officials said.
Key Initiator
The private sector will be asked to provide about 25 trillion won of the smart grid budget, and the role of corporate giants like SK will be crucial. And as evidenced by the group's involvement in building the country's first smart grid test bed in Jeju Island, SK appears to be firmly committed as it explores new growth opportunities in renewable-energy technologies.
SK's breadth of business operations puts the group in an ideal position to exploit the country's transition to a digital, networked power grid. The advanced telecommunications networks and technologies from SK Telecom, the country's biggest mobile telephony carrier, and the nationwide network of gas stations operated by SK Energy, the nation's No. 1 refiner, would surely give SK a distinctive edge.
SK Telecom and SK Energy are both involved in the projects at the Jeju test bed, where the companies are developing energy-saving management systems and new business models such as an ``energy marketplace,'' based on monitoring and electricity training.
Another main focus is experimenting with vehicle-to-grid (V2G) systems, in which electric or plug-in hybrid vehicles communicate with the power grid.
In the Jeju test bed, SK Telecom leads a consortium, also joined by high-tech giant Samsung Electronics, to develop ``smart place'' solutions for households and buildings. SK Energy joins SK Networks and carmaker Renault Samsung in the ``smart transportation'' project related to the recharging facilities for electric vehicles.
Although SK's smart grid-related business aspirations have yet to take detailed shape, the group could profit by establishing a middling role between electricity companies like the Korea Electric Power Corp. (KEPCO) and end-users, designing and distributing energy-saving solutions to households, companies and factories.
``It is a mid-to-long term commitment, but we believe that our investment in renewable-energy technology will open business opportunities in other countries like the United States, China and Southeast Asian countries,'' an SK official said.
Cars Are a Critical Part of the Picture
Although it may be too early to predict how the national smart grid will look, there seems to be consensus among policymakers and the industry that electric and plug-in hybrid vehicles will be a key piece of the puzzle. And the idea of V2G concept, in which the battery packs in cars serve as a temporary place to store energy from the power grid, backs this thought.
V2G systems may provide a way to store energy cheaply, since the batteries in the electric cars have already been paid for and the vehicles are parked most of the time. By moving electricity from the cars to the power lines and back, a utility could better respond to the fluctuating power demand. Drivers could also choose to charge their cars for a discount during the night, provided that they agreed to keep their cars plugged in to help supply extra power during afternoon peak hours.
SK Energy has been achieving significant technological advancements in the area of electric cars and batteries in recent years, with the engineers at the company's research center in Daejeon driving the innovations.
After being only the world's third company to develop a lithium-ion separator, a key technology in rechargeable batteries for electric cars, SK Energy has been deeply involved in the lithium-ion battery business for vehicles.
The company is one of the world's rare companies to have a dual strength on both the material and manufacturing sides for lithium-ion batteries, while establishing a reputation for core technologies in lithium-ion separators, battery packs and modules, battery management systems and NMP(N-Methyl-2-Pyrrolidone) production capabilities.
SK Energy last year landed a deal to provide batteries for the hybrid vehicles to be named by the Mitsubishi Fuso Truck and Bus Corporation, which is 85 percent owned by the German auto giant Daimler.
According to government officials, a national smart gird, to be set up by 2030, will allow the country to lower its greenhouse gas emissions by 40 metric tons annually, while reducing overall energy use by 3 percent.
The electricity saved would be equivalent to the output of seven 1-gigawatt nuclear power reactors, the government officials said.
Consumers could also reduce their electricity bills by an average of 15 percent by charging their household appliances and cars during off-peak hours, which would be indicated through smart meters in homes.
(20min delay)