sec.16Requirement for geothermal viability report— Act , s 65

sec.16 Requirement for geothermal viability report— Act , s 65

For section 65 (4) (a) (i) of the Act , it is a requirement that a geothermal viability report for an area must contain the following information— identification of each geothermal reservoir in the area; an estimate of all classified geothermal resources identified in each geothermal reservoir in the area; the geoscientific information, standards and procedures used to make the estimate mentioned in paragraph (b) ; geological, geochemical, geophysical or geotechnical information a statement whether, in the geothermal permit holder’s opinion, geothermal production in the area is commercially viable; if the geothermal permit holder’s opinion is that geothermal production is not commercially viable—a statement about whether, in the holder’s opinion, it is likely to become commercially viable within 10 years; supporting data, and an analysis of the data, to support the opinions mentioned in paragraphs (d) and (e) . In this section— area means the part of the area of a geothermal permit that is a potential geothermal commercial area. numerical modelling study means a study of the likely performance of a geothermal reservoir using a numerical model. resource assessment means an estimate of the future production of geothermal energy from a geothermal reservoir. supporting data , for an area, includes— technical data relating to the geology of, and the geothermal reservoirs in, the area; and resource assessment and numerical modelling studies for geothermal reservoirs in the area; and market and financial data for the area. an engineering and economic feasibility study showing that geothermal production in the area can be economically and technically justified data showing the uses for the geothermal energy (sec.16-ssec.1) For section 65 (4) (a) (i) of the Act , it is a requirement that a geothermal viability report for an area must contain the following information— identification of each geothermal reservoir in the area; an estimate of all classified geothermal resources identified in each geothermal reservoir in the area; the geoscientific information, standards and procedures used to make the estimate mentioned in paragraph (b) ; geological, geochemical, geophysical or geotechnical information a statement whether, in the geothermal permit holder’s opinion, geothermal production in the area is commercially viable; if the geothermal permit holder’s opinion is that geothermal production is not commercially viable—a statement about whether, in the holder’s opinion, it is likely to become commercially viable within 10 years; supporting data, and an analysis of the data, to support the opinions mentioned in paragraphs (d) and (e) . (sec.16-ssec.2) In this section— area means the part of the area of a geothermal permit that is a potential geothermal commercial area. numerical modelling study means a study of the likely performance of a geothermal reservoir using a numerical model. resource assessment means an estimate of the future production of geothermal energy from a geothermal reservoir. supporting data , for an area, includes— technical data relating to the geology of, and the geothermal reservoirs in, the area; and resource assessment and numerical modelling studies for geothermal reservoirs in the area; and market and financial data for the area. an engineering and economic feasibility study showing that geothermal production in the area can be economically and technically justified data showing the uses for the geothermal energy