China




China
China, Asia

Overview


Petratherm is the only Australian geothermal developer formally endorsed by the Chinese and Australian governments through the Asia-Pacific Partnership. This involves Petratherm helping China - the world's fastest growing market for electricity - rapidly progress its highly promising geothermal energy opportunities.


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Petratherm recently hosted a high-level Chinese delegation in South Australia as part of its support for developing geothermal energy in China.

The group, involvng the Vice Director of the China Institute of Geo-Environment Monitoring, the Chairman of the Geothermal China Energy Society and the Director of the Fujian Southern Institute of Geothermal and Mineral Spring, have been working with Petratherm through a cooperative agreement.

Petratherm has also completed its Engineered Geothermal Project Prospectivity assessment for China, which formed the basis of an Asia Pacific partnership grant awarded by the Australian Federal Government.  The program identified several new prospective geothermal sites for electricity generation, specifcally in the South East of China where most of the new demand for electricity is required.

 

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