Victorian Geothermal Assessment Report (VGAR)

Geothermal power offers the prospect of delivering base-load renewable energy if current efforts to prove engineered geothermal systems are successful.

In Victoria, geothermal power has the potential to replace 1-2 GW of electricity currently produced by brown coal fired power stations within the next two decades.

How can one reach that potential?

• De-risk geothermal power extraction in order to encourage energy companies to commit to geothermal investment.
• Develop a proof-of-concept 10 MW hot dry rock engineered geothermal system (EGS) power station.

This can be achieved by establishing a Victorian Geothermal Institute.

• Victorian partnerships: University of Melbourne, Monash University, CSIRO.
• International partnerships with industry and research institutions: USA, Japan, Iceland, Germany, Philippines, Indonesia, etc.
• Active collaboration with the government.

Simultaneously develop turbine technology and efficiency improvement with the University of Newcastle, University of Queensland and others.