QUEENSLAND Premier Anna Bligh has announced a $15 million five-year contribution to a new energy research.
The grant will include funding for a new centre for ‘hot rocks’ called the Queensland Geothermal Energy Centre of Excellence.
In addition to $15 million from the Queensland Government, UQ will provide in-kind contributions valued at $3.28 million over five years, and a further $2.05 million will be raised from external sponsors.
The centre will be the biggest of its type in Australia and UQ will work with the United States, Iceland, and Australian collaborators.
“The Cooper and Eromanga Basins beneath Queensland and South Australia are believed to be among the best and hottest in the world, and hold enough water to supply the needs of a hot rocks power plant,” UQ Deputy Vice-Chancellor Professor David Siddle said.
Professor Hal Gurgenci