New lease of life for hot rock sustainable energy in Western Australia

Western Australian Sustainable Energy Association Inc. (WA SEA) welcomes Mines and Petroleum Minister The Hon Norman Moore's announcement of the preferred applicants in the first geothermal release in Western Australia.

The Western Australian Sustainable Energy Association Inc. (WA SEA) welcomes Mines and Petroleum Minister The Hon Norman Moore's announcement of the preferred applicants in the first geothermal release in Western Australia. The applicants are from seven companies or consortiums covering 36 permit areas.


Mr Moore said the expected expenditure for geothermal exploration for the 36 permits in the Perth Basin is more than $560 million in the next six years.

WA SEA congratulates the successful tenders, and in particular Green Rock Energy Limited and New World Energy Limited. These companies are leading proponents of geothermal energy in Western Australia and have between them won the largest share of the lease areas.

And both Green Rock Energy Limited and New World Energy Limited are active members of the WA SEA, the only industry body advocating substantive action on sustainable energy in Western Australia.

Both companies are supporting developments in the Western Australian market, and New World Energy has recently signed a Memorandum of Understanding with Synergy for the supply of electricity from its Perth Basin projects.

"We are excited by our association with Synergy as it validates geothermal energy as a significant potential energy source for the State and will assist us to deliver reliable, emissions-free energy to WA consumers," said New World Energy Managing Director, Mr John Libby.

"Removing barriers to market entry, providing incentives for private sector for innovative investment in Western Australia's energy network is the key to security of WA energy supplies," says Dr Ray Wills, Chief Executive of WA SEA, the business chamber for sustainable energy industries in WA.

"Western Australia must ramp up use of our massive renewable energy resources and these projects will diversify and grow Western Australia's sources of energy, increase WA's industry base, and create a more robust environment for business and a more sustainable economy for the State," says Dr Wills.

WA Sustainable Energy Association Inc. (WA SEA) Media Release - 31 January 2009

Media Contact:
Dr Ray Wills 0430 365 607

Editors notes:
1. Media release from The Hon Norman Moore, Minister for Mines and Petroleum; Fisheries; Electoral Affairs, http://www.mediastatements.wa.gov.au/Pages/WACabinetMinistersSearch.aspx?ItemId=131220&minister=Moore&admin=Barnett
2. Green Rock Energy Limited - http://www.greenrock.com.au/
3. New World Energy Solutions Pty Ltd - http://www.newworldenergy.com.au/
4. The Western Australian Sustainable Energy Association Inc. (WA SEA) is a chamber of businesses variously promoting, developing and/or adopting sustainable energy technologies and services that minimise the use of energy through sustainable energy practices and maximise the use of energy from sustainable sources. WA SEA is supported by a growing membership of over 200 industry members from a diversity of businesses. www.wasea.com.au

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