Report summarizes Alberta’s geothermal potential
December 19, 2017 By Ground Water Canada
Calgary – The Pembina Institute, a non-profit think-tank, has released a report outlining Alberta’s potential and barriers to the development of a geothermal energy and heating industry.
The report says Alberta “has significant geothermal resources that may be developed to provide a renewable source of heat and power.”
It identifies similarities between Alberta’s oil and gas sector and argues the province’s emerging geothermal energy industry make Alberta is strongly positioned to develop geothermal energy.
The report recommends the provincial government develop and implement a regulatory framework for geothermal energy, policies to reduce exploration risk for geothermal projects, and policies to improve return on investment.
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