News

Issue No. 41 - June/July 2008

SA Geothermal industry worth $700m

SA is becoming a world-class producer of geothermal power, snaring 80% of the nation’s $820 million investment in geothermal exploration according to PIRSA.

“Eventually, the country is going to be wanting several or more gigawatts of this emission-free base-load energy, and the largest part can come from SA,” Director of PIRSA’s Petroleum and Geothermal Division, Barry Goldstein told the recent 2008 Paydirt resources and energy investment conference.

“Rest assured that t...

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