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Australian Geodynamics wins $90M to make hot-rock power a reality

Tom Slater, VentureBeat11.06.2009
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Screen shot 2009-11-06 at 11.26.11 AM Geodynamics, a company that draws emissions-free power from hot fractured rocks beneath the earth’s surface, has just won $90 million from Australia’s Renewable Energy Demonstration Program. The Hot Fractured Rock (HFR) technique is basically the extraction of the earth’s heat from broken granite over three kilometers deep in the planet’s crust. The... (Read more)

Reprinted with permission from VentureBeat. Story copyright 2009 VentureBeat Inc. All rights reserved.

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