Canada announces country's first geothermal power plant

By nat blo

The Canadian government announced this week a project to create the country’s first geothermal power plant. The facility has received US$19.3mn in funding from the Canadian government and is expected to create 100 jobs around the Estevan, Saskatchewan site during the construction phase.

The five megawatt capacity facility, once operational, will harness heat from the Earth’s crust to produce enough energy to power 5,000 homes in the surrounding area, the equivalent of removing 7,400 cars from the road. Led by DEEP Earth Energy Production Corporation the project will use drilling techniques from the oil, gas, and mining industries. The surrounding area, the Williston Basin, is believed to be capable of supporting several hundred megawatts of geothermal power production.  

SEE ALSO: 

Canadian Prime Minister, Justin Trudeau said in a statement: “Today’s announcement is an investment in the future of Saskatchewan, and all our children. DEEP’s project has the potential to transform how the province and the country produces energy, while creating good, middle class jobs for Canadians. This is another example of how we’re taking action to fight climate change today while strengthening our communities for tomorrow.”

The project is part of Canada’s continued initiative to pivot further towards renewable energy reliance. Currently, 66% of Canadian electricity is produced by renewable sources.

Excess heat from the facility will also be channelled into a 45 acre greenhouse for commercial use by local residents.

Share

Featured Articles

Sustainability, ESG, net zero in focus at must-attend event

Sustainability takes centre stage at two-day hybrid conference featuring thought leaders covering circular economy, scope 3, ESG, B Corp, net zero, DE&I

Must-attend sustainability events for executives in 2022/23

Discuss and debate the most pressing issues around sustainability at these nine executive events – from London to Abu Dhabi, San Diego to Singapore

Meet the CEO on a mission to nurture women leaders in Africa

The argument for women leaders in Africa is compelling, yet numbers are small. But one female leader is on a mission to change that – Awamary Lowe-Khan

BCG's Daniel Weise on supply chain and procurement strategy

Leadership & Strategy

Flexible work perks heat up as the war on talent rages

Human Capital

Meet the COO: Former Israel Defense Force cyber lead Parnes

Technology & AI