Geodynamics Overview
Geodynamics Limited was registered as a public company in November 2000. The Company was formed solely to focus on developing renewable geothermal energy generation from hot fractured rocks (HFR) in Australia.
The Company was formed by Dr. Doone Wyborn and Dr. Prame Chopra from the Australian National University in Canberra (leading experts in HFR geothermal energy), and Dr. Bertus de Graaf,...More»
Geodynamics Limited was registered as a public company in November 2000. The Company was formed solely to focus on developing renewable geothermal energy generation from hot fractured rocks (HFR) in Australia.
The Company was formed by Dr. Doone Wyborn and Dr. Prame Chopra from the Australian National University in Canberra (leading experts in HFR geothermal energy), and Dr. Bertus de Graaf, who has a track record in resource development.«Less
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Funding
| Date | Type | Capital Amount | Post-Money Valuation | Investors |
|---|---|---|---|---|
| 11/2009 | Other | 90M | Unknown |
Products
| Name: | Geodynamics |
| Product URL: | http://www.geodynamics.com.au/IRM/content/hfr_hfrexplain_hfrgeothermal.html |
| Description: | Hot Fractured Rock (HFR) Geothermal Powerplant The HFR geothermal process is a closed system, with two loops. The first loop uses water to extract heat from the buried hot rocks. The simplest hot dry rock power plant comprises one injection well and two production wells. Cold water is pumped under pressure down an injection well where it flows through an underground heat exchanger in the hot granite. It is then returned to the surface through production wells. Because this loop operates under pressure, the super heated water remains a liquid, with no steam generated. The heated water (> 200oC) returns to the surface under pressure. The high temperatures of the hot water are transferred to the geothermal power station loop via a heat exchanger. This second closed loop uses liquids with a low boiling point (similar to those used in fridges and air conditioners) and this drives a turbine system. |
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