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Jun 16, 2010Nevada Geothermal Power’s Faulkner 1 Geothermal Development will be First to Access a Loan Guarantee
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Jun 16, 2010
Magma Energy Update on Chilean and Peruvian Exploration
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Jun 15, 2010
CanGEA Celebrates Monumental Step in Membership and Hosts Canada’s largest Geothermal Conference
Calgary, AB – June 15, 2010 – The Canadian Geothermal Energy Association (CanGEA) is pleased to announce that with the latest addition of Raser Technologies Inc. and US Geothermal Inc.; CanGEA now represents all the geothermal energy developers listed on the TSX and TSX-V. Together (with existing members Sierra Geothermal Power Corp., Ram Power, Corp., Nevada Geothermal Power Corp. and Magma Energy Corp.) CanGEA represents over $1.1 billion in market capitalization with member projects across four continents. The Association has seen support for geothermal energy at an all time high as membership has more than doubled in recent months to include Google Inc., Ernst & Young and SNC Lavalin Group Inc. CanGEA is pleased with the display of support for the Canadian geothermal energy industry and is proud to represent the industry’s global leaders in geothermal exploration and development.
Recently, the geothermal energy industry has seen substantial interest and activity as evidenced by Schlumberger’s acquisition of member GeothermEx, Inc. and the proposed acquisition between Sierra Geothermal Power Corp. and Ram Power Corp.. The industry is also seeing an influx of traditional energy players from the oil & gas sector taking a serious look at the geothermal energy industry. With its ability to provide renewable heat and power geothermal energy is ideally suited to tackle some of the oil & gas industry’s major challenges – especially in the Alberta Oil Sands. Schlumberger’s latest acquisition lends support to the trend that geothermal energy is fast becoming one of the world’s greatest sources of clean, renewable, base-load energy.
For CanGEA the strong interest in geothermal energy has been palpable. “We’re seeing interest from nearly all corners of the globe with almost half of our members based outside of Canada”, said CanGEA Marketing and Membership Director - Nicole Robson. With an abundance of geothermal resources Canada is one of the last countries to harness geothermal energy - a fact which CanGEA is working to change as Canada is one of the last countries bordering the “Pacific Ring of Fire” yet to develop geothermal energy. While the industry looks to Canada as the next frontier, CanGEA is actively lobbying federal and provincial governments to embrace geothermal power and its many benefits. “Geothermal is a vital source of energy,” says Robson, “not only can it provide emission-free base-load power but it can also provide the level of investment and job creation that Canada needs to bounce back from this economic recession”.
In the meantime, CanGEA is leading the charge to place Canada firmly on the world stage of geothermal power producing nations. The Third Annual CanGEA Geothermal Power Conference and Trade Show, to take place in Vancouver, BC August 8th - 10th will draw hundreds of representatives from geothermal developers, industry service providers, utilities, and renewable supporters to explore the many opportunities emerging in the industry. Like the resource itself, interest for this clean, renewable energy is heating up and steaming to the surface.
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.
For further details contact:
Nicole Robson – .(JavaScript must be enabled to view this email address)
Marketing and Membership Director
The Canadian Geothermal Energy Association
The Canadian Geothermal Energy Association (CanGEA) thanks CNW Group for its continued support of our association
Jun 14, 2010
CanGEA Congratulates B.Bennett on his Appointment to Minister of Energy, Mines & Petroleum Resources
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Jun 14, 2010
CanGEA responds to article “Interest in Canada’s geothermal energy industry heating up!”
A recent article posted in Power Week Canada reiterated the vast potential for Canada's geothermal resources. In response to this article, and the work of Jacek Majorowicz and Stephen Grasby, CanGEA would like to reaffirm their support for all types of geothermal energy development, including enhanced geothermal systems (EGS). CanGEA Chair & Founder, Alison Thompson, has long been involved in exploring such technologies and was team lead for Canada's first EGS study which examined geothermal potential for cleanly powering the Oil Sands. CanGEA's Third Annual Geothermal Conference and Trade Show (August 9th and 10th) will showcase some of the exciting work being done in EGS and geothermal power for Oil Sands technology. Certainly all available methods of harnessing the vast potential of Canada's geothermal resources should and must be examined to bring this base-load, renewable energy source online to satisfy Canada's clean energy demands.
"To learn more about EGS and Geothermal Power join us at the Third Annual Geothermal Conference and Trade Show in Vancouver, August 9th and 10th.
For more information please see www.cangea.ca/events."
Jun 14, 2010
Magma Energy update on Nevada operations
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Jun 09, 2010
Register Now - Early Bird Pricing Ends June 11th - CanGEA Geothermal Conference - Agenda Available
CanGEA‘s Third Annual Geothermal Energy Conference and Trade Show
August 8 -10, 2010 Vancouver, British Columbia
Canadian Geothermal Energy Association (CanGEA) invites you to join us, as renewable energy developers, manufacturers, suppliers, utilities, engineers, geoscientists, lenders, insurers, power consumers and investors converge to discuss the latest projects, technologies, products and services and regulations. This three day event provides an excellent opportunity to meet and network with the geothermal industry key players.
Download the 2010 Conference Agenda Here
Book now before all seats have been reserved.
Early Bird Rate is in effect until June 11, 2010
Canada’s Largest Geothermal Energy Conference and Trade Show
May 31, 2010
Sierra Geothermal and Ram Power enter into Letter of Intent Ram Power to Acquire Sierra Geothermal
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May 31, 2010
CanGEA releases Member Project Database
The Canadian Geothermal Energy Association (CanGEA) today released the much anticipated CanGEA Member Projects Database. The report outlines all the various CanGEA member projects under development around the world. This inaugural report is the first of its kind for the Canadian geothermal energy industry.
According to the report CanGEA members are currently working on more than 70 projects under development representing more than 1,400 MW, and nearly 2,000 MW of installed geothermal capacity. The projects listed span four continents and eleven countries giving CanGEA members a truly global reach in their operations. While there is currently no geothermal power production in Canada there are nevertheless a number of projects under development which may soon come online to supply Canada’s first few megawatts of geothermal power.
Typically projects have been categorized in terms of resource development. The CanGEA Member Projects Database instead recognizes three levels of Geothermal Resources and two levels of Geothermal Reserves. With increasing geological knowledge and confidence a Geothermal Resource progresses from Inferred, to Indicated, to Measured. Similarly, with consideration of energy recovery and conversion, economic, marketing, environmental, social, legal, and regulatory factors (all Modifying Factors) the resource may be labelled a Probable or Proved Geothermal Reserve.
The CanGEA Member Projects Database utilizes the Canadian Geothermal Code for Public Reporting to provide a framework for comparison among industry players. Included in the Database is the Geothermal Progress Checklist which lays out the framework to categorize projects under development based on geological knowledge and modifying factors such as economic and legal factors. The checklist highlights the necessary steps in the development of a geothermal resource from exploration to production. Applying this framework allows for universal comparison among projects under development while also providing the cursory framework to adhere to the Canadian Geothermal Code for Public Reporting.
For a copy of the CanGEA Member Projects Database please follow the link below. CanGEA encourages interested parties to provide feedback for future iterations of the report and welcomes any questions or comments.
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.
Contact: David Gowland dave@cangea.ca
Policy Director, Canadian Geothermal Energy Association
To view the report click here
May 28, 2010
Setting Geothermal Policies: Nations Considering Many Paths to Bolster the Industry
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