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been in some disagreements with their co-venturer, AMP Capital Partners LLC as to how to handle the Kalina Cycle technology and the solution was to incorporate Global Geothermal, which is owned 70% by Wasabi and 30% by AMP Global Geothermal Due to these changes in the industry, Global Energy now owns all the rights to the Kalina Cycle as well as the over 200 international patents associated with it. The company’s primary business model is to license the technology for up-front fees as well as follow-on fees bases on size and use of the licensee’s power plant. They also provide engineering services, equipment procurement, and project management services through their subsidiary Recurrent Engineering Current Licensed Companies A number of companies have received licenses from Global Geothermal or the previous companies with licensing power, and are working with Global Geothermal to make the best use of the Kalina Cycle technology. Exorka A geothermal energy company in Iceland, Exorka specializes in low temperature geothermal sources. In 1999 they built the first geothermal power plant using the Kalina Cycle in Husavik, northern Iceland. According to their website the plant produces 2MW of power from a flow of 90 kg/s at 248oF (120oC) geothermal brine. Exorka acquired the rights to the Kalina Cycle in 1999, with these rights extending to Iceland and most of Western Europe. They are currently in the late development and finance stages of five projects in Germany. Each project is about a 5 MW binary geothermal power plant. It is expected that these projects will come online in 2010. Geodymanics Geodynamics is an Australian geothermal energy company that focuses on hot fractured rock geothermal energy. In 2004 they acquired the rights to use the Kalina Cycle technology in Australia and New Zealand. As of now they do not have a plant running that uses the technology. In 2007 they merged with Exorka to form Exorka International Limited. Raser Technologies A publically traded technology licensing company, Raser, was formed in 2003 with a goal to improve the efficiency of rotating electromagnetic and heat transfer applications. They have also got into the geothermal energy industry as well as into waste heat recovery with the goal to make it as efficient a process as they can using their skill and technological knowledge in heat transfer and motors. To this end they become a Kalina Cycle technology licensee in 2006. Raser controls large amounts of geothermal land in Nevada and Utah where they are developing a 20 MW binary geothermal plant. They also are working on a 10 MW geothermal plant in New Mexico. It is hoped that these plants will go online in 2010. Raser not only has Kalina license rights to geothermal applications but also to industrial waste heat applications. They are working closely with 70PDF Image | Optimizing Heat Recovery Systems for Power Generation in Rural AK
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