PDF Publication Title:
Text from PDF Page: 031
Jurisdictional review Royalties In South Australia, Tasmania and Western Australia, the royalty rate for geothermal energy is 2.5% of the value at the wellhead.118 In New South Wales, the royalty rate is 4% of the value of recovered resource.119 Victoria charges a varying rate of royalty agreed upon in the lease conditions.120 3.6 New Zealand Resource potential and installed capacity New Zealand has an abundance of premium high-temperature geothermal systems. In 2010, there were 4,000 MW of installed capacity with an additional 1,100 MW of high temperature resources available.121 Geothermal energy is primarily for electricity generation, but is also extensively used for direct use purposes. 90% of New Zealand’s primary geothermal energy development is found in one region (Waikato),122 however there are also significant resources in other regions. Definition of geothermal resource The Resource Management Act (1991) defines geothermal energy as “energy derived or derivable from and produced within the earth by natural heat phenomena; and includes all geothermal water.” Geothermal water is defined as “water heated within the earth by natural phenomena to a temperature of 30 degrees Celsius or more; and includes all steam, water, and water vapour, and every mixture of all or any of them that has been heated by natural phenomena.”123 Resource ownership, rights issuance and tenure Existing geothermal licences distributed under the former Geothermal Energy Act of 1953 were converted to water permits when the Resource Management Act came into effect in 1991. Under the new Act, resource allocation and the management of development are handled by regional governments. Each region develops a Regional Policy Statement and a Regional Plan as an integrated framework for all development, including geothermal.124 118 South Australia Primary Industries and Resources “Geothermal Energy: Royalties and Fees.” http://www.pir.sa.gov.au/geothermal/investing_ in_sa/royalties_and_fees; Australia Resources, Energy and Tourism, Australian Geothermal Industry Development Framework. 119 Government of New South Wales, Mining Regulations (2003). 120 Government of Victoria, Geothermal Energy Resources Act (2005), S. 103. 121 Colin Harvey et al. “2005–2010 New Zealand Country Update,” in Proceedings of the World Geothermal Congress 2010 (Bali, Indonesia, April 25-30, 2010). http://www.nzgeothermal.org.nz/Publications/2005-2010-New- Zealand-Country-Update_0168.pdf 122 Environment Waikato, Operative Waikato Regional Policy Statement (2000). 123 Government of New Zealand, Resource Management Act (1991). 124 Ibid., S. 88. The Pembina Institute 31 Building a regulatory framework for geothermal development in the NWTPDF Image | geothermal energy development in the NWT
PDF Search Title:
geothermal energy development in the NWTOriginal File Name Searched:
building_a_regulatory_framework_for_geothermal_in_the_nwt.pdfDIY PDF Search: Google It | Yahoo | Bing
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
IT XR Project Redstone NFT Available for Sale: NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Be part of the future with this NFT. Can be bought and sold but only one design NFT exists. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Turbine IT XR Project Redstone Design: NFT for sale... NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Includes all rights to this turbine design, including license for Fluid Handling Block I and II for the turbine assembly and housing. The NFT includes the blueprints (cad/cam), revenue streams, and all future development of the IT XR Project Redstone... More Info
Infinity Turbine ROT Radial Outflow Turbine 24 Design and Worldwide Rights: NFT for sale... NFT for the ROT 24 energy turbine. Be part of the future with this NFT. This design can be bought and sold but only one design NFT exists. You may manufacture the unit, or get the revenues from its sale from Infinity Turbine. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Supercritical CO2 10 Liter Extractor Design and Worldwide Rights: The Infinity Supercritical 10L CO2 extractor is for botanical oil extraction, which is rich in terpenes and can produce shelf ready full spectrum oil. With over 5 years of development, this industry leader mature extractor machine has been sold since 2015 and is part of many profitable businesses. The process can also be used for electrowinning, e-waste recycling, and lithium battery recycling, gold mining electronic wastes, precious metals. CO2 can also be used in a reverse fuel cell with nafion to make a gas-to-liquids fuel, such as methanol, ethanol and butanol or ethylene. Supercritical CO2 has also been used for treating nafion to make it more effective catalyst. This NFT is for the purchase of worldwide rights which includes the design. More Info
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
Infinity Turbine Products: Special for this month, any plans are $10,000 for complete Cad/Cam blueprints. License is for one build. Try before you buy a production license. May pay by Bitcoin or other Crypto. Products Page... More Info
| CONTACT TEL: 608-238-6001 Email: greg@infinityturbine.com | RSS | AMP |