Page 174 - Jan 2013

174 | Business World Magazine | January 2013
develop a Hot Sedimentary Aquifer (HAS)
project. Their Renmark exploration project
is the other project that they are operating in
Australia. It is ideally located near two trans-
mission points that are capable of carrying a
least 220 MW of power.
Petratherm is also very active internation-
ally. In Spain they have both sites on the
Canary Islands and the mainland. With Pe-
tratherm entering China, they have found a
role as a partner assisting China through the
Asia-Pacific Partnership; it has also made
Petratherm the only Australian geothermal
company working within the country.
ORIGINALITY IN ALL
STEPS
Kallis says that originality in both their lo-
cation selection and their method of data
collection is the Petratherm difference. He
points to the fact that many other companies
in the same space are relying on data collect-
ed from other exploration companies, where
Petratherm acts on information and intelli-
gence that they themselves have created. Kal-
lis says that the resource they are attempting
to exploit comes from large granite deposits,
and their collected expertise allows them to
find these deposits without having to rely