"60% of California's North Coast is powered by geothermal energy"
Geothermal energy is delivering clean, base-load and low cost electricity in 25 countries as well as commercial heating in 70 countries... And we think BC should be benefitting too! While not yet fully utilized, geothermal energy is an important part of Canada’s energy future, creating new investment and jobs in Canadian communities while also contributing to a cleaner environment for future generations.
Join Chief Geologist of Borealis GeoPower, Craig Dunn, as we explore the Canadian energy industry’s efforts to develop geothermal energy. Craig will discuss his company's ground-breaking field work completed this past summer that proved new exploration techniques from other industries to be valuable. Anders Kruus, a financial specialist will also be presenting.
Borealis GeoPower received an investment of $2.4 million from Sustainable Development Technology Canada towards its Optimized Geothermal Exploration Project.
"Borealis GeoPower’s optimized geothermal exploration methodology is a carefully ordered set of processes and technologies that builds up an increasingly accurate picture of a geothermal resource, allowing the drilling of production wells precisely where they have the highest probability of hitting commercially-viable amounts of hot water. The program involves cutting-edge exploration techniques and innovative sub-surfacing reservoir modelling to help reduce the overall risk associated with exploration drilling." - Borealis GeoPower, 2015
British Columbia deserves a clean, emissions-free energy source. You may be unaware of the new information about the feasibility of geothermal power and the capabilities of Canadian developers and service providers. But, we want to let you know how technology transfer opportunities have changed the game and made geothermal projects more favourable than ever!
Come learn about the many economic, environmental, and social benefits of geothermal and how it can change British Columbia's energy landscape.
"Geothermal is the only true baseload renewable energy so a country not capitalising on it would be mad." - The New Zealand Herald
Geologist, Entrepreneur, Energy fanatic and lover of earth, Craig Dunn is always on the go. He is the co-founder of multiple organizations in a variety of fields, including geopower exploration, technology and social good; as a father of two, he is always thinking of the world that we are leaving for the next generation. He lives by the idea that “Make beautiful ideas reality and the world will follow”.
After moving to Calgary and working in the environmental sector, Mr. Dunn got his first taste of what the energy industry was all about. In 2003, Mr. Dunn founded WellDunn Consulting, a geological consulting firm for the oil and gas industry in both conventional and unconventional oil and gas exploration across the Western Canadian Sedimentary Basin. Always pursuing the cutting edge projects, Mr. Dunn worked on many early stage programs from the Bakken in SE Saskatchewan to tight gas plays in NE BC. With a passion for renewable energy, he moved on to work multiple geothermal exploration projects in the US and Canada with some of the first public geothermal companies in Canada.
Mr. Dunn was one of key personnel involved with the resurgence of the Canadian Geothermal Energy Association (CanGEA) on the board of directors and as the Outreach Director. His work has helped to establish CanGEA’s education program, helped to promote a national study for geothermal potential in Canada and co-authored many geothermal reports including Geothermal Policy Best Practices (2009). His work with CanGEA, led him to his role as founder and Chief Geologist with Borealis Geopower. He is considered one of the leading experts and pioneers in geothermal energy exploration and development initiatives in Canada. Mr. Dunn supplies both project management and geological expertise for the development of high temperature geothermal energy. Borealis Geopower has multiple ongoing geothermal power projects across Western Canada working to bring the first Geopower projects online.
Anders Kruus, MBA, CMA:
Anders will be presenting on his financing experience with Canadian geothermal developing companies DEEP, Alterra Power Corp. and Borealis GeoPower.
Mr. Kruus is a versatile finance professional with more than 20 years of leadership success in corporate finance, investor relations, sales and capital markets. Capital & cash flow-driven, with experience and talents that have repeatedly produced strong results through business planning, process improvement, positive team leadership, leveraging of technology and innovative deal structuring.
He received his MBA from the University of Toronto after completing his degree in Economics and Political Science from Carleton University. Mr. Kruus has industry experience in banking & investments, renewable energy, commercial & residential real estate, and SaaS startups.
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