I will believe it when I see it....
Since 2002, the Geodynamics Annual Reports have spoken of the construction of demonstration power plants as being the key to completing Stage One of their plan.
In 2009, a major blow-out occurred at one of their drill sites, engulfing it in steam. Fortunately, no-one was injured. At the time, Geodynamics claimed the blow-out would delay the commissioning of the demonstration power plant by 6 to 9 months. In other words, it would be up and running by about the beginning of 2010. (!!!!!!)
That 1MW plant was supposed to have been a 20MW plant
In the meantime, the Rudd Government awarded them $90 million, the largest grant ever awarded to a renewable energy project in Australia. Despite the fact that Geodynamics has not yet generated a single watt of energy, it has now been given $100 million of taxpayers’ money.
From its 2007 Annual Report "... working towards a 50 MW commercial demonstration plant expected to be operating by the end of 2011. It is then planned to expand this in nominally 50 MW modules to 500 MW by 2015."
For Kyza ... It will generate electricity sufficient to power around 1,000 homes, and more than enough to meet Geodynamics’ site needs.