News
Apr 30, 2010G4G Resources announces lifting of trading halt
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Apr 29, 2010
CanGEA Hosts Networking Reception at World Geothermal Congress
Calgary, AB – April 29, 2010 – The Canadian Geothermal Energy Association (CanGEA) in partnership with Foreign Affairs and International Trade Canada hosted the Canadian Geothermal Networking Reception in Bali, Indonesia as part of the 2010 World Geothermal Congress. The event brought together more than 100 delegates of different disciplines from around the world to learn about the Canadian geothermal industry highlighting Canadian companies Magma Energy Corp., Nevada Geothermal Power, Borealis GeoPower, Sierra Geothermal Power and CanGEA. On behalf of the Association we would like to thank all of those who attended and also extend a special thanks to the Department of Foreign Affairs and International Trade for their generous support and hard work.
The World Geothermal Congress takes place every five years and was last held in Turkey in 2005. This year’s event comprised of over 2,000 delegates representing the full spectrum of the geothermal industry, including developers, service companies, academics, and government officials. For more information on the World Geothermal Congress please click here.
CanGEA Chair, Alison Thompson, delivered the Canadian Country Update at the Congress highlighting the recent growth in the industry and the challenges that lie ahead in bringing geothermal power online in Canada.CanGEA continues to advance the geothermal industry both within Canada and abroad. Through participation in international conference such as the World Geothermal Congress and active policy reform CanGEA has made real progress in fostering the development of the Canadian geothermal industry. As the leading authority in geothermal education and awareness in Canada, CanGEA is well positioned to represent the needs and ambitions of its members in bringing the industry forward. For more information on joining CanGEA please see our website at www.cangea.ca.
About CanGEA: CanGEA is a national industry association that believes we can provide competitively priced, emissions free, renewable, base-load energy to Canadians and to U.S. export markets. CanGEA works on behalf of our members to facilitate the growth of geothermal power projects and promote publicly listed companies on the Canadian Exchanges.
Apr 22, 2010
G4G announces revised terms of agreement to acquire interest in geothermal properties in Argentina
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Apr 21, 2010
CanGEA Comments on BC Hydro Site C Project Developments
CANADIAN GEOTHERMAL ENERGY ASSOCATION (CANGEA) COMMENTS ON B.C. HYDRO SITE C PROJECT DEVELOPMENTS
Calgary, AB – April 20, 2010 – Recently the Government of British Columbia announced its plans to move forward with the 900 megawatt Site C Clean Energy Project on the Peace River; despite concerns from critics regarding the project and its environmental impacts. CanGEA is pleased to see the province expand its base-load power generation capacity but stresses that geothermal power should be considered as it is an attractive alternative to hydro, both in the short and long term. As BC Hydro forecasts that B.C.’s electricity needs will grow by 20 to 40 per cent over the next 20 years, geothermal energy can help address those needs.
“The province has a real need for new base-load power sources, especially as intermittent renewable energy sources make up a larger percentage of the generation capacity” said David Gowland, Policy Director at CanGEA. Traditionally base-load power has been supplied by large scale hydro facilities, but geothermal power is better suited to fill this role as it operates at capacities equal to or higher than hydro with very little surface disturbance. “Where large scale hydro plants have long lead times and the potential for negative environmental impacts, geothermal power can be developed relatively quickly to generate renewable base-load power as well as provide residential and commercial heating” said Gowland.
While there is currently no geothermal electricity generation in the province, there is optimism that the recent geothermal permit auction has sparked the industry and reignited the push to embrace new sources of base-load power. In fact, the Canadian geothermal industry has seen strong interest from developers and also investors. This year alone CanGEA has welcomed 15 new members so far including geothermal developers and service companies both nationally and internationally. Unlike other nations whose governments have provided large incentives for geothermal resource development, the Canadian market place has not seen strong financial support from the government resulting in the Canadian industry lagging behind that of the US and Mexico with very similar geology
All politics aside, one thing is certain; the demand for clean, renewable power is sure to increase, whether it is consumed within the province or exported to our neighbours to the south. And while no single energy source can meet this demand, it is clear that a diversified energy portfolio with complementary generation from renewable sources like hydro, geothermal, wind, solar, and tidal power will be best suited to effectively balance environmental concerns and satisfy the power demands of the future.
About CanGEA: CanGEA is a national industry association that believes we can provide competitively priced, emissions free, renewable, base-load energy to Canadians and to U.S. export markets. CanGEA works on behalf of our members to facilitate the growth of geothermal power projects and promote publicly listed companies on the Canadian Exchanges.
Visit us at http://www.cangea.ca.
Contact: David Gowland
Policy Director, Canadian Geothermal Energy Association
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Apr 15, 2010
Senator Harry Reid Visits NGP’s Blue Mountain Geothermal Plant
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Apr 07, 2010
Ram Power to Enter Agreement with Imperial Irrigation District
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Apr 07, 2010
CanGEA featured on Alberta Primetime - Interview available online
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Apr 05, 2010
Attention All CanGEA Corporate Members, 2010 Board Nominations Now Open - Last Day to Nominate
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Apr 01, 2010
Magma Energy Completes Purchase Of A Further 2.16% Interest In Icelandic Geothermal Energy Producer
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Apr 01, 2010
SGP Awarded Knight Inlet Geothermal Parcel
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