ARENA Chair Greg Bourne said ARENA convened the group to analyze the geothermal sector in Australia and present the Board with options for realizing the potential of geothermal in the coming decades.
“The IGEG report and supporting studies establish a robust evidence base that should inform the design of future policy and programs to support the long term commercial development of geothermal energy in Australia. This will ensure that geothermal energy is developed as a viable source of energy on a sustainable, commercial level without long-term subsidy,” Mr Bourne said.
Chair of the International Geothermal Expert Group, Professor Quentin Grafton, said that the report provides a robust evidence base.
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