geothermal energy development in the NWT

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Jurisdictional review issued to evaluate the extent of the resource. Companies must pay a security bond, reach an agreement with the landowner for surface access (including compensation for damages) and demonstrate their financial and technical ability to carry out the project.108 Victoria has specific legislation for high-end geothermal resources (more than 70°C at a depth of 1000 m) under the Geothermal Energy Resources Act.109 Lower-temperature resources are regulated under existing planning and environmental laws. Applications from proponents are accepted for established parcels of land.110 Competing applications are evaluated on the merits of the work program proposed, the benefit for society, and the social and environmental impacts of exploration.111 Exploration permits (to explore in an area) can last up to 15 years. Retention leases (for discovered but not yet commercial projects) and extraction leases (to produce geothermal resources) can also both last up to 15 years. South Australia regulates geothermal development under the Petroleum and Geothermal Act.112 A call for tenders is put out for areas that have a potentially high-value resource. Lower-value resource areas require only an application for exploration. The following types of licences are issued: exploration licences (five years), retention licences (five-plus years), production licences, pipeline licences, preliminary and speculative survey licences (one year) and associated facilities licences. More than one exploration or production licence may be issued for petroleum and geothermal for the same parcel. An applicant must submit a work bid (commitment to spend a certain amount on exploration) and prove technical and financial resources to complete the work.113 Western Australia regulates geothermal resources under existing petroleum legislation.114 The act covers the process for exploration permits (six years), specific prospecting authorities, access authorities, drilling reservations, retention leases (five years) and production licences (21 years). Like South Australia, different licences may be issued in an area for different resources (geothermal and petroleum).115 Tasmania regulates geothermal development (greater than 70°C and below 1000 m) under the Mineral Resources Development Act.116 Companies must apply for areas that they want to explore and geothermal tenure is granted as a “Special Exploration Licence.” The Act provides for a number of different licences, including exploration licences (issued for up to 15 years), retention licences (up to 15 years), prospecting licences and mining leases.117 The Pembina Institute 30 Building a regulatory framework for geothermal development in the NWT

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