Clean Energy Australasia Pty Ltd (CEA) was founded in November 2006 with the goal of commercial generation of clean, sustainable base-load electricity using the natural geothermal heat flow from hot rocks and hot sedimentary aquifers .
CEA comprises a strong team of engineers, geoscientists and business professionals well experienced in managing the exploration and development of oil and gas projects, power generation and geothermal projects.
CEA has secured tenements in the Great Artesian Basin in highly prospective areas for geothermal hot rocks and hot sedimentary aquifers. High heat flows and temperatures are proven by the considerable number of petroleum and geothermal wells drilled in the area. This tenement acquisition philosophy is predicated on minimising technical risk, maximising adaptation of conventional petroleum and geothermal technology, and enhancing the prospects for competitive base-load geothermal power generation.
Globally, base-load geothermal power generation is an established industry that is reliable, safe and competitive with more that 100 years of history and more that 13 Gigawatts of installed capacity.
CEA is pursuing development of price competitive base-load geothermal electricity for regional and remote communities, mines and petroleum facilities at off-grid and end-of-grid locations. Base-load geothermal power at these locations potentially is highly competitive compared to existing fossil fuel based local generation such as diesel, and remote coal based generation that carries the burden of unreliable supply, high transmission costs and high carbon emissions.
Mungerannie Bore Lake | Photo: Joe Reichman