The World Wildlife Fund and the Australian Geothermal Energy Association have produced a report on Australia’s geothermal energy potential.

The main findings of the report are:

  • By 2050 geothermal energy could reduce Australia’s emissions by avoiding approximately 25% of today’s electricity generation emissions.
  • Over 17,000 Australians could be employed in the geothermal energy industry by 2050
  • Jobs from coal, oil and gas (and their associated service and support industries) are readily transferrable to the geothermal industry, thanks to similarities between drilling technologies.
  • Baseload emission-free energy resources like geothermal need targeted support today so so that their development is fast and seamless

Paul Toni, WWF Program Leader for Sustainable Development commented that “When it comes to geothermal energy, we truly are the lucky country. The energy stored in hot rocks near the Earth’s surface in Australia is a thousand fold what we use each and every year.”

The full report, titled "Power to Change: Australia’s Geothermal Future" can be downloaded here.