.ALCOA has signalled its intention to power part of its energy-intensive operations in Victoria with geothermal power, signing a memorandum of understanding with Greenearth Energy.
Alcoa, which operates the world's largest integrated bauxite mining, alumina refining and aluminium smelting business, will take up to 12 megawatts of power, contingent on Greenearth proving its resources and technology. If all goes to plan, Alcoa could be using geothermal power by 2014, with the amount supplied subject to commercial negotiations.
The next step is locating a site, which Alcoa has agreed to help do somewhere on its lease, but it would need approval from the Victorian government.
The memorandum is a significant step for the prospects of geothermal power, one of the few renewable resources that can provide base-load energy.
http://www.smh.com.au/business/geothermal-power-pact-for-alcoa-greenearth-20101115-17ui4.html
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