New Energy

The New Energy Economy is the industrial macro-environment in which we presently exist. Historic ties to industry and industrial development, as a result purely of the use of fossil fuels are being severed over time by the more socially and environmentally and ultimately, commercial imperatives of sustainability. The economy is focussed on moving from increasingly expensive depleting products to those that can sustain long term ventures and markets.

In this respect, the New Energy Economy is not simply a 'green' investment, its credentials are entirely prefaced on the ability to produce commercial returns for investors.

Earth Heat sees the New Energy Economy of increasing relevance and importance over the next 20 year period. As a result, the Company’s business model has been refined to include full cycle subsurface investments that meet appropriate commercial thresholds, including appropriate return on capital employed and internal rates of return above stable benchmarks.

By expanding into the New Energy Economy, companies theoretically can access stable, long term cashflows through projects such as geothermal electricity production and in addition, to shorter term value adding opportunities such as more conventional gas developments.

Earth Heat is positioning itself as a Global New Energy Company powerhouse, poised for substantial growth.