News
Nov 12, 2008Geothermal Funding Opportunity
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Nov 10, 2008
Corporate Member News Release
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Nov 10, 2008
Corporate Member News Release
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Nov 09, 2008
CanGEA: International Energy Agency Member!
CanGEA Chairman & Executive Director Alison Thompson has confirmed that CanGEA is now a member of the International Energy Agency. CanGEA has been named to the IEA Geothermal Implementing Agreement (GIA) Executive Committee. CanGEA officially became a Sponsor Member of the GIA on 20 October 2008.
CanGEA will be participating in Annexes III, VII and VIII.
Alison Thompson and Membership & Outreach Director Craig Dunn will participate at the 21st ExCo Meeting and GIA-IGA Workshop in Madrid, in May 2009.
Nov 05, 2008
Advances in Geothermal Energy
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Nov 05, 2008
Los Angeles Times: “Utilities putting new energy into geothermal sources”
Marla Dickerson from the Los Angeles Times looks into the California geothermal energy market. The California geothermal potential is the largest in the world, and while the residents want renewable energy, geothermal is still not fully understood.
Geothermal energy may be the most prolific renewable fuel source that most people have never heard of. Although the supply is virtually limitless, the massive upfront costs required to extract it have long rendered geothermal a novelty. But that’s changing fast as this old-line industry buzzes with activity after decades of stagnation.
Billionaire Warren E. Buffett has invested big. Internet giant Google Inc. is bankrolling advanced research. Entrepreneurs are paying record prices for drilling leases in places such as Nevada, where they’re prospecting for heat instead of metals.
To read the full article: LA Times: California and Geothermal
Nov 04, 2008
Corporate Member News Release
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Nov 03, 2008
The Globe and Mail: “Geothermal energy stocks should recover steam if government support lasts”
CanGEA members Sierra Geothermal Power Corporation and Western GeoPower mentioned in this Globe and Mail investment news article.
Few industries have escaped the credit crunch, as access to borrowed funds has become severely curtailed. But one sector that should bounce back relatively quickly when conditions loosen is geothermal energy. That’s because the heavy government support in the U.S. for the business of tapping the earth’s molten core for power make it a safer bet, even in a prolonged downturn, than other industries. That is, as long as lawmakers remain interested in promoting alternative energy if oil prices stay low.
To read the full article: The Globe Investor: Geothermal
Oct 28, 2008
The Globe and Mail: Geothermal’s Potential
Excellent article on geothermal potential and prospects in Canada from the Globe & Mail’s Report on Business.
SUBJECT: Prospects for geothermal energy.
SIGNIFICANCE: With fossil fuel prices well above historical average, geothermal energy investments are increasing worldwide. As geothermal technology improves, its weight in the energy mix is likely to increase substantially.
To read full article: Geothermal’s Potential
Oct 25, 2008
Geothermal Potential Report
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