Origin's hot Chile play  

Posted by Big Gav in , , ,

The Climate Spectator reports that Origin are expanding their geothermal interets further throughout the southern hemisphere - Origin Energy Chasing Geothermal Power In Chile.

Origin Energy has further expanded its overseas geothermal portfolio and followed the path of smaller Australian companies by taking a significant interest in the South American geothermal industry. Origin said on Monday it had bought a 40 per cent take in Energía Andina (EASE), which it described as Chile's leading geothermal exploration company, and is 60 per cent owned Antofagasta Minerals.

Origin's head of finance and strategy, Karen Moses, said preliminary assessments indicated that geothermal could provide 16,000MW of power in Chile. "It is our view that geothermal can provide large-scale renewable baseload energy and Chile has significant potential from a resource and growing local demand perspective," she said in a statement. EASA, which was founded in 2008, has a portfolio of eight geothermal exploration projects in the Northern and Central regions of Chile. The stake was bought from Empresa Nacional del Petróleo following a competitive bidding process.

Origin has exposure to 290MW of geothermal generation through its majority stake in New Zealand’s Contact Energy, and is also involved in a consortium with India’s Tata Power PT Supraco Indonesia for a potential 300MW project on the island of Sumatra. It has an interest in the Geodynamics’ Innaminckka Deeps projects, and also recently began drilling as operator of the Innamincka Shallows project that is seeking to target more conventional geothermal resources in the Cooper Basin of South Australia.

0 comments

Post a Comment

Ads

Ads

Statistics

Locations of visitors to this page

blogspot visitor
Stat Counter

Total Pageviews

Ads

Books

Followers

News

Loading...

Blog Archive

Labels

australia (581) global warming (364) solar power (332) peak oil (316) electric vehicles (191) wind power (171) renewable energy (170) ocean energy (154) csp (143) geothermal energy (142) smart grids (139) solar thermal power (133) tidal power (132) coal seam gas (127) nuclear power (121) oil (114) lng (111) geothermal power (110) iraq (108) china (106) solar pv (106) energy storage (104) green buildings (104) natural gas (101) agriculture (85) biofuel (75) oil price (75) smart meters (72) wave power (68) electricity grid (63) energy efficiency (63) uk (63) google (54) coal (52) internet (51) food prices (48) shale gas (48) surveillance (48) bicycle (47) big brother (47) thin film solar (41) biomimicry (38) canada (38) ocean power (37) scotland (36) new zealand (35) air transport (34) algae (34) water (34) queensland (32) credit crunch (31) politics (31) bioplastic (30) concentrating solar power (30) california (29) geoengineering (28) offshore wind power (28) population (28) shale oil (28) cogeneration (27) saudi arabia (27) resource wars (26) arctic ice (25) batteries (25) censorship (25) cleantech (25) woodside (25) bruce sterling (24) drought (24) ctl (23) tesla (23) economics (22) carbon tax (20) coal to liquids (20) distributed manufacturing (20) indonesia (20) iraq oil law (20) origin energy (20) brightsource (19) limits to growth (19) rail transport (19) ultracapacitor (19) buckminster fuller (18) santos (18) ausra (17) exxon (17) lithium (17) cellulosic ethanol (16) collapse (16) electric bikes (16) mapping (16) michael klare (16) ucg (16) atlantis (15) bees (15) geodynamics (15) iceland (15) psychology (15) concentrating solar thermal power (14) fertiliser (14) al gore (13) biodiesel (13) brazil (13) carbon emissions (13) cities (13) ethanol (13) investment (13) kenya (13) ambient energy (12) biochar (12) bucky fuller (12) matthew simmons (12) public transport (12) texas (12) victoria (12) cradle to cradle (11) desertec (11) energy policy (11) lithium ion batteries (11) otec (11) terra preta (11) amory lovins (10) chile (10) fabber (10) gazprom (10) goldman sachs (10) gtl (10) hybrid car (10) internet of things (10) severn estuary (10) tinfoil (10) toyota (10) volt (10) alaska (9) biomass (9) carbon trading (9) distributed generation (9) esolar (9) fuel cells (9) jeremy leggett (9) pge (9) sweden (9) afghanistan (8) antarctica (8) arrow energy (8) big oil (8) eroei (8) floating offshore wind power (8) four day week (8) guerilla gardening (8) linc energy (8) methane (8) methane hydrates (8) nanosolar (8) natural gas pipelines (8) pentland firth (8) relocalisation (8) us elections (8) western australia (8) bloom energy (7) boeing (7) chp (7) climategate (7) copenhagen (7) fish (7) stirling engine (7) vinod khosla (7) airborne wind turbines (6) apocaphilia (6) bolivia (6) ceramic fuel cells (6) cigs (6) futurism (6) jatropha (6) local currencies (6) nigeria (6) ocean acidification (6) saul griffith (6) somalia (6) t boone pickens (6) scenario planning (5) space based solar power (5) varanus island (5) garbage (4) kevin kelly (4) low temperature geothermal power (4) oled (4) tim flannery (4) v2g (4) club of rome (3) global energy grid (2) norman borlaug (2) peak oil portfolio (1)