Investor Presentaiton
ADDITIONAL UPSIDE.......
Spa*ark Energy_8
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Hybrid energy systems, combining two or more sources of energy,
are becoming commonplace.
Using geothermal fluid as feed for (e.g.) a thermal power plant, or
alternatively, further heating of geothermal fluid have both been
used to increase efficiency and output. For example, the large
multi-renewable generator ENEL, recently added a biomass facility
to a geothermal power plant, increasing plant capacity by nearly
40%*.
Tasmania has a large resource of under-utilised forest biomass with
more than 3Mt per year of residues potentially available.
The idea of using this for energy applications is actively promoted
by the Tasmanian Government#.
Regardless of the reservoir temperature at Lemont, further heating
of the geothermal fluid should significantly increase the output.
Tasmania has a large timber industry which
generates ~3Mtpa of residues, much of which
is currently under-utilised.
* http://www.thinkgeoenergy.com/enel-inaugurates-combined-biomass-and-geothermal-plant-in-italy/
# https://www.cg.tas.gov.au/__data/assets/pdf_file/0003/123465/Tasmania_Delivers_-_Biomass_2017.pdfView entire presentation