Ptr Minerals Limited · ASX:PTR
Ptr Minerals — Petratherm — Resources & Energy Sector Infrastructure Council (RESIC) (October 2009)
16 slides from Ptr Minerals's conference presentation, Oct 21, 2009
Slide 1: MD Presentation to Resources & Energy Sector Infrastructure Council
ASX Release PETRATHERM LIMITED ABN 17 106 806 884 For personal use only MD Presentation to Resources & Energy Sector Infrastructure Council Petratherm Managing Director, Mr Terry Kallis, will later this morning present on the Industry’s and Petratherm’s progress on matters relating to electricity tr
Slide 2: For personal use only
For personal use only
Slide 3: Petratherm RESIC Presentation
For personal use only Petratherm RESIC Presentation Presented by Managing Director Terry Kallis 21 October , 2009
Slide 4: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Any forward-looking statements included in Petratherm makes no representation or Petratherm Limited (Petratherm). The this document involve subjective judgment warranty as to the accuracy, reliability or information contained in
Slide 5: Presentation Overview
Presentation Overview For personal use only › Industry background › Geothermal energy cost drivers › Industry reports from MMA › Industry summary and challenges › Renewable energy policies and geothermal › Network connection issues › Petratherm network solution › Industry network issues › MMA report
Slide 6: Growth in geothermal energy projects
Growth in geothermal energy projects For personal use only Industry Snapshot › Resource potential is huge 26,000 times the annual primary energy production of Australia › GELS/GELAS › Australia 383 › Expenditure more than $1,500 Million Geothermal well › 48 companies in total Exploration licence › 1
Slide 7: Geothermal energy cost drivers
Geothermal energy cost drivers For personal use only Cost Drivers › Temperature › Drilling Depth › Flow Rate › Network Connection › Generation Plant › High upfront costs – drilling, fracture stimulation, connection, plant › Project economics are geology and location specific
Slide 8: Landmark independent industry reports
Landmark independent industry reports For personal use only › Independent reports by McLennan Magasanik Associates – 2007 & 2008 › Geothermal energy is expected to be the lowest cost from renewable energy by 2030 and directly competitive with coal by 2050 › Geothermal energy is expected to build up
Slide 9: Australian geothermal industry summary and challenges
Australian geothermal industry summary and challenges For personal use only › Geothermal energy has the potential to provide large scale, base load and low- cost renewable energy - $120/MWh (50MW) and $80/MWh (>300 MW) › Australia has the key ingredients for developing successful engineered geotherm
Slide 10: Renewable energy policy and geothermal
Renewable energy policy and geothermal For personal use only Strong Federal and State Strong industry networks Government support › Geothermal energy industry › $50 million geothermal drilling development framework program with a maximum $7 million per project › Australian Geothermal Energy › $300 m
Slide 11: Transmission Network Connection Issues
Transmission Network Connection Issues For personal use only › Transmission Costs › Transmission Losses › Transmission Congestion – south east of SA › Marginal Loss Factors › System Security › Quality of Supply › Development approvals, licensing, easements and permits › Network Capacity at each conn
Slide 12: Petratherm - Paralana transmission plan
Petratherm - Paralana transmission plan For personal use only › Close to customer at the Beverley mine – only 10 kilometres away › Plans for mine expansions Four Mile deposit and new areas under exploration › Longer term plan to supply large-scale base load power through entry points at Port Augusta
Slide 13: Industry transmission issues – northern SA
Industry transmission issues – northern SA For personal use only › Many geothermal energy projects in the northern part of South Australia significant challenges to get to market › AGEA NEM Committee to address challenges – work plan › AGEA NEM Concept Paper developed › AEMC review of gas and electr
Slide 14: MMA report and AEMC – industry network solution
MMA report and AEMC – industry network solution For personal use only › 2009 independent report by McLennan Magasanik & Associates (MMA) shows savings in linking geothermal projects in the northern part of South Australia early to the National Electricity Market (NEM) › MMA estimates benefits of $86
Slide 15: Where to from here?
Where to from here? For personal use only › MCE consider AEMC‟s report and submit rules changes to AEMC by December 2009 › AEMC undertake rule change process and complete by September 2010 › AEMO required to undertake National Transmission Network Plan – including candidates for SENEs › AGEA updated
Slide 16: For personal use only
For personal use only www.petratherm.com.au
Petratherm — Resources & Energy Sector Infrastructure Council (RESIC) (October 2009) on 6ix