Friday 17/4/2009 Page: 81

GeoDynamics, led by managing director Gerry Grove-White, plans to start supplying Innamincka with free renewable energy by the middle of this year. GeoDynamics also said it had submitted an application for $90 million of funding under the Federal Government's Renewable Energy Demonstration Program. "Following the announcement on March 30 that proof of concept has been achieved in its Cooper Basin project, the company believes it has satisfied all of the eligibility criteria and merit criteria of the program in relation to the development of a commercial demonstration plant," it said. Last week, GeoDynamics received a $560,000 grant from the State Government to pay for half the cost of connecting the pilot plant to Innamincka.
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