What we plan for Fiji's geothermal electricity
Please bear in mind that the following projects will depend for
success on geothermal drill holes yielding water in sufficient quantity, and hot enough, to power the electricity
generating equipment -- and on the projects being subsequently assessed as commercially viable. The first holes are to be
drilled in 2011.
The following information is not a solicitation for securities, nor does it constitute a prospectus.
Subject to any terms that may be required by law and which cannot be excluded, Geothermal Electric
Limited accepts no responsibility for any loss, damage, cost or expense (whether direct or indirect)
incurred by any person or entity as a result of any information on this website or any error, omission
or misinterpretation in that information or arising from it.
The first project: Savu Savu
Geothermal Electric Limited has been granted a licence to drill for geothermal resources at
Savu Savu, Fijiís most promising geothermal site.
Geothermal water vapour visible on the shores of Savu Savu Bay.
Areas of the sand are too hot for people to walk bare-footed here.
If the drilling program is successful, a small electricity generating station will be built.
It is expected to supply electricity to houses and businesses presently connected to the Fiji Electricity Authority
(FEA) network, immediately reducing the amount of diesel fuel that has to be purchased by the FEA, although the
initial amount will be small. The timing of electricity supply, and the quantity, will be derived through close
cooperation between the company and FEA.
Further holes will then be drilled. If they yield water of sufficient temperature and flow, a
larger plant will be installed, allowing more electricity to be generated. This increased capacity can provide for
new developments currently being planned for the area. Among them are tourist resorts, which consume large amounts
of electricity, especially for air conditioning.
Although output from Savu Savu may be as low as 3 MWe (only double what the demand it is
now), the target is 200 MWe or more, with the possibility of as much as 800 MWe being present. By comparison,
Fijiís total demand at present is about 110 MWe continuously.