Projects
Borealis Co-Production Project Approved for $2.6m in Funding from AERI
Alberta Energy Research Institute (AERI), now Alberta Innovates, has recently approved the “Free Energy/Borealis Geothermal Project” under the Clean Air and Climate Change: Technology and Innovation Program. The project goal is to research the effective utilization of geothermal energy from deep oil and gas wells in the Canadian Foothills for the production of electrical power.
After a rigorous evaluation process dating back to late 2008, Borealis was approved for $2.6 million in project funding and has recently partnered with Free Energy Corp. This innovative renewable energy project was one of the few geothermal energy projects accepted by the AERI program and Borealis is looking forward to developing the project in the coming months.
For more information about their Co-Produced Fluid Projects please visit the Borealis project site.
