Hydrothermal energy is a profound power.
Amid the need for greener baseload power, our investment case is compelling
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Australia needs more baseload power that’s carbon free.
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We have the technology to convert the earth’s heat into electricity.
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We have a dominant thermal acreage position with power network access.
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2MW start up provides cash for 1,000MW growth pathway.
“Hydrothermal energy doesn’t have the same issues with intermittency, weather, transmission and storage that you have with solar and wind. It is the game changer in renewables that Australia has been looking for.”
Paul McKenna
Executive Chairman
Meet the pioneer’s of cleaner hydrothermal energy in Australia.
Paul McKenna
Chairman
+30 years experience in technical, corporate/commercial roles and held senior and executive roles in Energex, Citipower, Ergon Energy, Enertrade, and Arrow Energy focussed on the development, sustainable growth and profitability. A GAICD and current Chairman of Revolver Resource Holdings Limited (ASX:RRR) and has served as Managing Director of Northstar Energy, Coal of Queensland and Territory Gas. Proven expertise in advancing resource projects towards production readiness.
Shaun Scott
Non-Executive Director
Helped pioneer Queensland coal seam gas industry from “novelty” status to a $20 billion per year export industry. As CEO of Arrow Energy Ltd, Shaun led the growth of that business from a $20m coal seam gas explorer until its $3.5 billion acquisition by Shell and Petro-China. Highly experienced independent non-executive director on publicly listed and private company boards. Currently a non-executive director of ASX listed Comet Ridge Ltd.
Pat Williams
Non-Executive Director
+30 years experience in global resources industry having held senior roles at various mining operations. Working through a range of senior production and management roles with BHP and Anglo, Pat gained a strong operational management expertise over a 15-year duration. As COO of global mining services company Runge Ltd, Pat stewarded the business through IPO and various M&A transactions. Pat is currently the Managing Director of Revolver Resources Limited ASX:RRR.
Brian MacDonald
Non-Executive Director
A professional engineer, and highly experienced Company Director and Executive with +30 years experience in Australian resources industry. Previously, Managing Director of Vale Australia, AMCI Australia, Coal Group CEO of MIM Holdings, Director of the Mount Isa Mines operating group companies, and Senior Executive within Thiess Group. Brian also serves as a Non-Exec Director of Revolver Resources ASX:RRR, the Queensland Mining Council, Australian Coal Association and the Australian Coal Industry’s Research Program.
Tim Duignan
Non-Executive Director
Highly regarded Engineering Executive, with +30 years experience in energy industry across technical, corporate and commercial functions. Senior Executive and Chief Executive at Country Energy, Enertrade and Territory Generation. Managing Director of a private equity backed energy development group. Tim is a fellow of the Institute of Engineers Australia, a certified Engineering Associate and MAICD. He also served as a panel member on the Finkel National Hydrogen Advisory Panel and Committee member for Engineers Australia.
Our hydrothermal technology is ready to go.
We’ve partnered with technology leaders to commercialise our vast thermal resource.
Our acreage covers Australia’s nest thermal fairways.
Existing petroleum wells across our acreage may be repurposed to avoid expensive drilling costs.
Our technology partner University of Newcastle has developed the perfect formula for Australian conditions.
We have secured an exclusive licence to use proprietary heat exchanger technology.
Organic Rankine Cycle is world’s best hydrothermal generator.
We are targeting the shortfall of baseload capacity.
We will help serve Australia’s renewable energy target of 75% by 2035
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Independent but eligible for funding
Northstar’s hydrothermal projects are not subsidy dependent but we expect them to be highly eligible for government funding.
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Australia’s renewable energy commitments
The Australian Government is achieving its renewable energy target through initiatives like the Capacity Investment Scheme, which is underwriting investment in a total of 23GW of bulk renewables by 2030.
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Revenue stability through government contracts
Government contracts underwrite project revenues between a floor and a ceiling, removing some of the project risk.
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ARENA driving innovation and investment
ARENA’s Future Made in Australia Innovation Fund is providing $1.7 billion over 10 years to unlock private capital for new green industries. Another $1.5 billion over seven years is being provided by ARENA to develop and commercialise renewable energy technologies.