HG Alert: Geothermal Energy in Queensland and Australia - 5 Oct 2009

Queensland’s vast geothermal energy reserves have the potential to provide a significant and climate-friendly energy source for hundreds of years.

In recognition of these resources, the Queensland Government released the Geothermal Energy Bill 2009, and an accompanying consultation paper, in August 2009. The Bill is intended to supersede the current Geothermal Exploration Act 2004. The stated purpose of the Bill is to “encourage and facilitate the safe production of geothermal energy for the benefit of all Queenslanders”. This will be achieved by providing for geothermal authorities to be granted to explore for or produce geothermal energy, and creating a regulatory system for carrying out activities relating to geothermal authorities.

This article provides an overview of the current legislative treatment of geothermal energy in the Australian States and territories, and considers the impact of the Bill on Queensland’s developing geothermal industry.

Please click on the PDF link to download a full copy of this article.

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