Australia, Carbon Credits, Clean Energy, Geothermal, Renewable Energy

Western Australia Introduces Geothermal Legislation

August 15, 2007 (ABC Western Australia) – Legislation to allow for the exploration of geothermal power is being introduced in State Parliament today.

The Minister for Energy, Fran Logan, says hot rock geothermal energy is one of the cleanest forms of power.

Mr Logan says a 500 megawatt zero-emission geothermal facility would produce enough electricity to power 700, 000 homes and is akin to taking 850, 000 cars off the road.

Hot rock energy is created using high temperatures found deep underground.

While the royalty rate for petroleum is ten per cent, Mr Logan says the rate for geothermal production will be 2.5 per cent and the money reinvested in renewable energy projects.

“That income stream that comes from that will not go into Treasury, but it will go into the low emissions energy fund which has been set up as part of the climate change statement,” he said.

Carbon Credits, Geothermal, Indonesia

Chevron Expands Geothermal Operations in Indonesia

110-MW Darajat III Unit to Provide Renewable Energy for Approximately 700,000 Additional Homes

SAN RAMON, Calif., Aug. 13 /PRNewswire-FirstCall/ — Chevron Corporation today announced the start of commercial production at its 110- megawatt (MW) Darajat III geothermal power plant in Garut, West Java, Indonesia. Production from the Darajat III unit, operated by Chevron’s subsidiary Chevron Geothermal Indonesia, Ltd., increases the total capacity at the Darajat geothermal facility to 259 MW. The combined output from Chevron’s Darajat and Salak geothermal operations now produces sufficient renewable energy to supply approximately 3.9 million homes in Indonesia.

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