Geothermal power set to rise in Canada
Technology capable of generating power from lower water temperatures is opening up substantial potential
Canada has long trailed other countries on geothermal energy, despite tremendous potential on the seismically active west coast and sedimentary basin stretching from British Columbia to Manitoba. In fact, it is the only country bordering the Ring of Fire—the horseshoe-shaped geological area on the edges of the Pacific Ocean that triggers many of our planet’s most extreme earthquakes and volcanoes—to not have a commercial-scale geothermal power plant in operation. But this is about to change, with a project by Deep Earth Energy Production (Deep) in southeastern Saskatchewan—c.1,000km inland from the west coast—nearing commercialisation. In addition, Calgary-based Eavor Technologies is well o
Also in this section
16 April 2024
US and European oil majors snap up smaller players and look to accelerate development in a region deemed to possess all the key elements for successful CCUS deployment
15 April 2024
Demand for credits seen rising 20% this year despite issues around integrity and standardisation
11 April 2024
Volatile allowance prices and small size of voluntary market undermine ability to drive investment, says Oxford Institute for Energy Studies
8 April 2024
Chevron New Energies is lead investor in funding round by Colorado-based provider of post-combustion capture technology