Queensland embraces geothermal energy

Queensland has taken another step forward in developing a robust and vibrant geothermal energy industry by holding the first industry workshop today on the future framework of the industry.

Minister for Mines and Energy Geoff Wilson said amending the existing Geothermal Exploration Act 2004 should simplify the exploration and production processes.

“One of the more immediate issues facing this new industry is developing a framework to drive this emerging industry,” Mr Wilson said.

“I’ve asked stakeholders to look at ways to work with landholders, explorers and producers on issues such as land access.

“This includes the freehold owners or leaseholders who farm the land and holders of any other mining or petroleum tenures over the same land,” he said.

Mr Wilson said the geothermal legal framework needed to be broadly consistent with other mining and petroleum legislation.

“We need to create the right framework to foster this dynamic industry,” Mr Wilson said.

“At the same time, we need a streamlined approach.

“Queensland is a resource-rich state and we must manage our resources for the benefit of all Queenslanders,” he said.

While geothermal energy has been used for more than a hundred years to generate electricity in Queensland, the commercial viability of hot dry rock technology is currently being tested.

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