Geodynamics successfully starts Habanero 1 MWe EGS pilot plant

In great news this week, Australian Geodynamics Limited (ASX:GDY) announces that the company’s 1MWe Habanero Pilot Plant has been successfully commissioned and has produced Australia’s first Enhanced Geothermal Systems (EGS) generated power.

The company has now commenced the planned demonstration trial and testing program which is scheduled to run for approximately 100 days with completion in August 2013.

Managing Director and CEO Mr Geoff Ward said “The generation of power at our 1MWe Pilot Plant is a major milestone for Geodynamics, geothermal power in Australia and EGS technology globally. The commencement of the demonstration trial is the culmination of  many years of hard work and the application of rigorous engineering and field operations.

I congratulate all the team involved in delivering this milestone. The Habanero EGS
Project is a globally significant demonstration of EGS geothermal capability.

I would like to acknowledge the support of the Australian Government through the Australian
Renewable Energy Agency’s provision of the Renewable Energy Demonstration Program grant funding. This has been critical to allowing Geodynamics to achieve this milestone and demonstrate world leading capability in this area of geothermal technology. We look forward to successfully completing the planned testing program.”

Source: Company announcement via email