Earths Energy Ltd (ASX:EE1) managing director Matt Kay joins Jonathan Jackson in the Proactive Australia studio to discuss the substantial geothermal tenement footprint it has obtained near potential customers in South Australia and Queensland. Kay provides a broad overview of the company before outlining the potential of its tenements and the role they can play in Australia’s energy mix. The MD also explains why geothermal is so important to the energy mix, the rise of geothermal projects overseas including by the likes of Shell, BHP, BP, Chevron and other energy giants and how Earths Energy can help Australia bridge the gap. Finally, Kay talks about the milestones the company is aiming to hit in 2024 and the company’s investment case.
Earths Energy aims to bring geothermal to Australia’s energy mix