"The positive news from the geothermal project of DEEP Earth Energy Production in Saskatchewan are hopefully a kick and positive spark for ongoing and future geothermal development in Canada."
Read full article here. CanGEA member The Village of Valemount put forward a resolution for the Union of BC Municipalities (UBCM) called EB72 “Geothermal Exploratory Drilling Regulations”. On September 23, 2020 the resolution was approved among others. This resolution advocates for the importance of geothermal energy in BC, along with a policy recommendation “to allow for the cost-effective use of shallow exploratory drilling for geothermal energy development in British Columbia.”
Click here to read more about the resolution on page 85 of the 2020 UBCM Resolution Book. Alberta’s Recovery Plan will focus on sector strategies for diversifying the economy in energy, agriculture, technology, tourism and other high-opportunity areas. The details of these sector strategies will be announced this summer and fall. In the energy sector, actions announced in the Recovery Plan include: ... developing a new mineral strategy and increasing investment interest in new emerging areas such as geothermal energy.
Read full article here. 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. 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. |
Archive
December 2020
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