Geothermal

Geothermal Power

A good environmental record should not be solely about not doing the wrong thing. That would be an easy mistake, but at Icon Energy it does mean more than that. Icon Energy has a pragmatic approach to Geothermal Energy as a future viable prospect in Australia. To this end Icon has produced two geothermal designs for patenting during this year. These are hoped to be developed in combination with funding granted from the Queensland State Government and the University of Queensland's Centre for Geothermal Excellence.

Geothermal Energy is a positive renewable energy source. The energy source is clean and unlimited. Like other 'renewal energy' sources, heat from within earth is never going to be depleted, at least not any time during humanity's time on the planet. So utilising this boundless heat energy to create electricity is indeed an excellent concept. But like all ideas it needs development and proof of concept work to be conducted before the economic viability can be proven.

Here is a very brief rundown on how it works. You can drill down into a hot subterranean heat source in order to run a liquid down, through it, and back out again. At that point you have the heat energy in the liquid now up top and usable. If you cycle a second liquid with the right properties in close proximity with that heat, it can expand and run a turbine and electricity generator. Aside from some capital equipment and minor maintenance, you get endless, free, clean energy.

The Icon Energy inventions and innovations for geothermal energy plant designs are targeted at efficiencies to make these systems economically viable in practice. With support from the State Government and the University of Queensland, we are seeking to prove that is in fact the case. Ultimately, it may well make electricity greener and cheaper than ever before. It may take a little time, in fact we know it will, but taking the first steps now is good strategic planning for this alternate energy source.