Wednesday, August 29, 2012

Australia:

Hot Rocks go Cold (Australian Broadcasting Corporation News)

Audio interview with Geoff Ward, CEO and managing director of Geodynamics; Cameron Huddleston-Holmes, geothermal energy stream leader at the Commonwealth Scientific and Industrial Research Organisation (CSIRO); and Russell Marsh, policy director at the Australian Clean Energy Council.

What happened to geothermal energy? Not long ago power from the heat under the earth's crust was seen as the great hope - a renewable resource that could provide baseload electricity.

Now, technical difficulties and a lack of funding have dissipated the hope, and geothermal power is virtually non-existent in Australia. Origin Energy, for instance, recently decided to write-off it's investments in one of Australia's only active geothermal companies.

Those in the industry still believe geothermal power has a future, but they all agree, it will take many years. (MP3 Download - WMA Download)