Deep “Hot-rock” Geothermal Moves Ahead in Australia

[Reuters] Generating electricity using the heat of ancient rocks buried deep below the red sands of the Australian outback? Spurred by high commodity prices and a drive to reduce Australia’s reliance on coal, several companies are looking to harness hot rock temperatures of up to 300 degrees Celsius (570 Fahrenheit) to unleash green energy. A combination of nature’s bounty, government support and entrepreneurial spirit may well help Australia win the race to generate electricity for commercial purposes from the rocks, which some say could produce more than the country’s known oil or coal reserves. Read the full story at the following link.
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