Clean Energy Australasia (CEA) is assessing opportunities for partnerships with energy and power companies and interested investors to explore and develop clean renewable 24/7 base-load geothermal power for remote and regional communities, mines and petroleum facilities in western Queensland and north-east South Australia, with potential growth to supply the national electricity market in south eastern Australia 

Australian Electricity Market

Australian electricity generation is transitioning from fossil fuels dominated by coal to renewable energies principally solar and wind. This is resulting in electricity supply uncertainty due to  shortage of 24/7 base-load power in the Australian electricity market as ageing coal fired power stations are retired.

This situation provides an outstanding opportunity for clean renewable 24/7 base-load geothermal power to enter and provide security of supply to the Australian electricity market. Please refer to maps below for further information.    

    

CEA Market Opportunities

CEA's tenements are well positioned to support remote energy markets where the present supply arrangements are unreliable and/or under significant price stress. Consequently our main focus is towards:-

  • NE SA - Cooper Basin
    • Oil and Gas Production - substitute power supply capability for Moomba plant and satellite facilities
    • Power for potential carbon dioxide injection projects - Moomba Carbon Storage and enhanced oil recovery (EOR) 
    • Near to medium term potential 25 - 100MW
    • Longer term large scale potential to National Electricity Market (NEM)
    • Large scale requires major investment in transmission network
  • Western QLD - Longreach, Winton, Windorah, Quilpie, etc.
    • Electricity subsidised by QLD government due to long distance grid and off grid situations
    • Positioned on high quality geothermal prospects for local geothermal power by 1MW pilots
    • Longreach near term growth potential is supported by existing 66KV transmission line to Barcaldine (25MW capacity)
    • Minor transmission reinforcement yields long-term growth potential into eastern Queensland and the National Electricity Market (NEM)
  • NE SA - Roxby Downs
    • Current power supply 125MW electricity grid connected to NEM
    • Expected significant growth to 650MW could be met via a new grid connection to NEM and/or new gas power station and gas pipeline with gas supply from Moomba
  • NW QLD - Mt Isa - Major Minerals Province
    • Gas fired power generation under significant price stress from LNG export competition
    • 500 MW local demand actual and latent (un-met)

The map below distinguishes these market regions relative to CEA's tenements


photo of Boiling water from Cooper Basin Borephoto of Boiling water from Cooper Basin Borephoto of Boiling water from Cooper Basin Bore

Boiling water from Cooper Basin Bore | Photo: Joe Reichman