I-Pulse Co-Founder, Chairman, and CEO, Robert Friedland, I-Pulse Co-Founder and Head of Technology, Laurent Frescaline, and Sunrise Energy Metals Managing Director, Sam Riggall, have announced a partnership to deploy and validate I-Pulse’s G-Pulse pulsed power drilling technology in the Millungera Basin, a large scale geothermal clean energy resource located in northwest Queensland, Australia.
I-Pulse subsidiary, G-Pulse, is focused on deploying high pulsed power technology to address one of the most challenging and expensive stages of geothermal development – drilling deep wells into extremely hard rock formations to access hot granites deep beneath the Earth’s surface. Using this technology, the company plans to advance detailed technical programmes designed to unlock the full geothermal potential of the Millungera Basin.
The Millungera Basin is widely considered to be one of the most significant untapped geothermal energy resources identified in recent decades. More than 300 km long and 40 – 50 km wide, the basin contains geological formations dating back 540 million years.
An analysis by Ascendience Geoscience, an independent geoscience consultancy engaged by Greenvale Mining, has confirmed the basin’s geothermal potential, with total identified stored thermal energy exceeding 611 000 PJ at a 90% confidence level. This equates to 600 times Australia’s current annual electrical consumption.