Thursday, 21 July 2016

Geothermal - Alberta

Geothermal Could Put Thousands from Alberta’s Oil and Gas Sector Back to Work


Abandoned oil and gas wells in Alberta are on the rise — but where many see a growing liability, Alberta’s fledgling geothermal industry sees massive opportunity.
“We’ve got these old wells that we know are hot and we’re going to fill them with cement and walk away,” says Tim Davies, CEO of geothermal company Turkana. “It’s just stupid.”

The oil business has drilled 400,000 wells in Alberta alone

Canadian Companies Going Abroad for Geothermal Opportunity

What a missed opportunity!

Thirty-one years ago, when the Site C dam in B.C.’s Peace Valley was rejected for the first time, BC Hydro was told to investigate alternatives sources of energy, specifically geothermal energy, by the B.C. Utilities Commission.


But the Crown corporation has utterly failed to do so, according to the report of the joint review panel on the Site C project, released last month.

The $7.9-billion dam would flood 107 kilometres of the Peace River and its tributaries, threatening endangered wildlife and putting farmland under water.  

Why haven’t alternatives been researched?





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