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Insights into the Worldwide Geothermal Power Market to 2026 - Rise in Demand for Renewable Energy is Helping to Drive the Market

6/19/2020

 
The global geothermal power market was valued at $4.6 billion in 2018 and is projected to reach $6.8 billion by 2026, growing at a CAGR of 5.0% from 2019 to 2026.


Read full article here.

Company nearly ready to tap geothermal energy near Terrace

6/15/2020

 
A longstanding geothermal energy project near Lakelse Lake has cleared a major exploration milestone and is now looking for more government funding. Kitselas Geothermal Inc., which is run in partnership between Kitselas Development Corporation and Calgary-based Borealis GeoPower, first began pre-feasibility studies of geothermal hotspots near Lakelse Lake back in 2014. 


Read full article here.

Alberta has a chance to kick-start clean growth

6/4/2020

 
Geothermal, lithium, and hydrogen production requires many of the same skills as oil and gas production. Existing or abandoned oil and gas wells may also offer low-cost opportunities to tap into these resources. The hottest, deepest wells could be suitable for geothermal. Wells with more wastewater than oil may be best for lithium. And the emerging technical capacity to convert existing wells to hydrogen production offers the potential for cheap, clean fuel for trucking and industry. 


Full article available here.

Green income trusts could accelerate Canada’s energy transition

6/3/2020

 
Canada has a great opportunity to accelerate its energy transition and create a thriving low-carbon economy. How? By creating green income trusts with the same federal tax benefits that prevailed in the early 2000s, therefore giving private investors incentives to massively scale up investments in new low-carbon energy technologies.

Full article available here.
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