News
May 13, 2009Canadian Business Magazine Blog: Raising Awareness for Geothermal Power
Canadian Business staff writer Joe Castaldo interviews CanGEA Executive Director Alison Thompson and writes in his blog about the state of geothermal power in Canada. You can read the article here
May 05, 2009
CanGEA Weekly FAQ #4 Posted
Check out CanGEA’s weekly FAQ, now posted.
What is “Base-Load” Power?
May 04, 2009
Emerging Energy Consultants Announces Release of Geothermal Market Study
Emerging Energy Consultants announces the release of its latest report, Global Geothermal Markets and Strategies, 2009-2020 which provides a thorough assessment of salient technical and financial issues in today’s geothermal market, and provides a comprehensive outlook for the industry over the next decade. The report’s highlights include project cost profiles, information on emerging markets, competitive analyses and technology research, including recent advancements in Enhanced Geothermal Systems (EGS). For a summary of the report, and information on how to order, please follow this link. (Report summary is in PDF format)
May 01, 2009
Megawatt Energy Blog: “Geothermal: Canada’s Hottest Natural Energy Resource”
A B.C. renewable energy blog detailing geothermal energy in B.C.
The author, Warren Brazier, attended the CanGEA 2009 Conference.
Apr 29, 2009
CanGEA 2009 Conference and Workshop Successful, A Large Step Forward for Canadian Geothermal Power
CanGEA would like to thank all of the participants who took part in our successful 2009 Conference and Workshop. Over 160 people attended the full 3-day conference session and 250 people were present for CanGEA’s Open House Wednesday evening. The strong positive feedback received from this diverse group of participants marks a resurgent public interest in Canadian geothermal power.
Special congratulations are in order for CanGEA’s Alison Thompson and Craig Dunn, who made the event the largest Canadian gathering of the geothermal community in more than 20 years. Speaker and CanGEA member Ken MacLeod of Western GeoPower Inc. remarked that “[Craig and Alison] have put Canada on the geothermal map without yet producing a single megawatt of power.”
CanGEA Executive Director Alison Thompson shared in the positive outlook for Canadian geothermal resulting from the conference. “I believe that many positive benefits will accrue from the conference including an improvement in the awareness and support for geothermal amongst the general public and our First Nations, and foremost that our governments harness the positive outcome to implement effective geothermal policy in Canada.”
CanGEA would also like to offer special thanks to our international geothermal friends for their continued and highly-appreciated support in helping Canada overcome barriers on the path to a strong geothermal industry.
Apr 28, 2009
Scientific American: “Beyond Fossil Fuels: Daniel Kunz on Geothermal Energy”
An article from the Scientific American featuring Daniel Kunz the president and CEO of U.S. Geothermal, Inc. Kunz discusses the challenges faced by the geothermal energy industry.
Currently the biggest obstacle to geothermal development is the lack of sufficient direct economic incentives for the drilling of geothermal resources. There are no significant technical obstacles that are curtailing current growth and development. Like the oil and gas industry, the geothermal industry would benefit from a strong, specific and appropriate tax incentive tied directly to expenditures made for production and injection well drilling.
To read the full article: “Click here.
Apr 28, 2009
CanGEA Corporate Member News: “SGP Proposes to Re-price and Extend Warrants”
News from CanGEA corporate member Sierra Geothermal Power Corporation:
Sierra Geothermal Power Corp. [TSX-V: SRA] (“SGP”) today announced a proposal to amend the 20 million warrants issued in a brokered private placement of units that closed on May 29, 2007. As 16 million of these warrants are held by an investor owning more than 10 per cent of the Company’s outstanding shares, TSX Venture Exchange regulations consider this investor to be an insider of the Company. Regulations limit the number of warrants held by an insider that may be re-priced to 10 percent of the total number of warrants.
For more information: http://campaign-archive.com/?u=13b43fee2d76566e6f1e01651&id=821b88aeee&e=[UNIQID]
Apr 27, 2009
CanGEA Corporate Member News: “SGP Signs MOU with B.C. First Nation”
News from CanGEA corporate member Sierra Geothermal Power Corporation:
Sierra Geothermal Power Corp. [TSX-V: SRA] (“SGP”) today announced the signing of a memorandum of understanding (“MOU”) on April 17, 2009 with the Da’naxda’xw/Awaetlala Nation to develop geothermal power projects on their traditional lands, covering approximately 800,000 hectares (2 million acres) in the Knight Inlet area of British Columbia, Canada. Under the terms of the MOU, the Da’naxda’xw/Awaetlala Nation has granted SGP the exclusive right to develop geothermal resources within their territory for a ten year period. The MOU may be replaced by a definitive long-term agreement at SGP’s election. The Da’naxda’xw/Awaetlala Nation may benefit from SGP’s activities through the provision of, among other things, employment opportunities through construction and operation of any generation facilities, and financial support of the Da’naxda’xw/Awaetlala Nation’s educational and lodge resort development initiatives by way of a revenue sharing arrangement.
For more information: Click here.
Apr 23, 2009
CanGEA Corporate Member News: “Testing Demonstrates Potentially Commercial Permeability”
News from CanGEA corporate member Western GeoPower Corporation:
Western GeoPower Corp., a renewable energy company, today announced that independent consultants GeothermEx, Inc., have recommended a drilling program at the South Meager geothermal reservoir to target a recently-identified zone of high permeability which has demonstrated commercial potential.
Reporting on the results of airlift-assisted flow-testing of well MC-8, GeothermEx projected that a new deviated well starting from a lower wellhead elevation into the same permeable zone and at a much shorter vertical depth than well MC-8 would flow at the equivalent of more than 6 megawatts (MW) of electrical energy. Well MC-8 itself was unable to sustain self-flow following air lifting due to physical constraints imposed by the deep water table.
For more information: Click here.
Apr 14, 2009
CanGEA Weekly FAQ #3 Posted
Check out CanGEA’s weekly FAQ, now posted.
What is the Difference Between Geothermal “Heating and Cooling” and Geothermal “Power”?
