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Geothermal better for B.C. than Site C: CanGEA


February 9, 2015
By Ground Water Canada

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Feb. 9, 2015, Victoria – Feb. 9, 2015, Victoria – Without adjusting for other significant benefits such as reduced
transmission costs and increased permanent jobs, the geothermal unit energy
cost of $56-$73/MWh compares positively to the updated Site C cost to
ratepayers of $58-$61/MWh, says a Canadian
Geothermal Energy Association report.

Feb. 9, 2015, Victoria – Without adjusting for other significant benefits such as reduced
transmission costs and increased permanent jobs, the geothermal unit energy
cost of $56-$73/MWh compares positively to the updated Site C cost to
ratepayers of $58-$61/MWh, says a Canadian
Geothermal Energy Association report.

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Alison Thompson, chair and managing director of CanGEA, provided a technical briefing on the CanGEA
Geothermal Report on Feb. 4.

“To paraphrase Minister Bill Bennett, there is every
possible way that geothermal can be the answer to our prayers at the present
time,” she said. “If the B.C. Government treats geothermal energy as a
priority, not an afterthought, geothermal will provide firm energy beginning in
2018 at a lower cost than Site C and in a manner that benefits ratepayers,
taxpayers, First Nations, the economy and the environment, not to mention
having a carbon footprint that is lower than Site C.”