Touted as the cheapest and greenest form of known energy, Australia is just a few years away from using geothermal power, an exploration expert says.Panax Geothermal Ltd on Tuesday announced it will begin drilling its first production well later this year.
Panax managing director Bertus de Graaf said there were only two other geothermal projects being run successfully elsewhere in the world, making his company's well in South Australia's Limestone Coast the nation's first operational geothermal site when open.
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