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Tax credits rev up Canada’s CCS sector
Recently finalised investment tax credits have brought much-needed clarity for Canadian CCS developers, but carbon price uncertainty remains a concern
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Cenovus sees major role in reducing emissions
Canadian firm and its oil sands peers are targeting net zero by 2050 and are perfectly positioned to address the challenges of the low-carbon transition, says CEO Jon McKenzie
Certainty key for Canada’s CCS industry
Project developers need clarity on long-term carbon pricing and streamlining of federal and provincial regulation, president and CEO of International CCS Knowledge Centre tells Carbon Economist
Canadian Prairies’ role in the energy transition
Federal department PrairiesCan speaks to Carbon Economist about the energy sector in the region
Natural hot pools in Banff
Canada Geothermal
Vincent Lauerman
Calgary
4 February 2021
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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

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