NewEnergyNews: Canada Can Move From Oil to Geothermal

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    Friday, May 06, 2016

    Canada Can Move From Oil to Geothermal

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

    Carol Linnitt, May 3, 2016 (DeSog Blog)

    "Abandoned oil and gas wells in Alberta are on the rise…[and] Alberta’s fledgling geothermal industry sees massive opportunity…There’s currently no permitting framework for geothermal in Alberta, leaving the renewable energy out of play…[but the] oil business has drilled 400,000 wells in Alberta alone…[and] found all the hot water the province has...[The] mass exodus of oil and gas producers…has quadrupled in the last 12 months…[leaving] very skilled workers that have exactly the skillset that a successful geothermal project needs…Geothermal energy draws on the earth’s natural warmth to create a renewable form of energy with a low environmental footprint and virtually no carbon emissions. Importantly, geothermal provides reliable base load capacity, similar to a hydro dam or gas-fired power plant, enabling system stability…Despite being home to enormous geothermal potential, Canada is the only country on the Pacific Ring of Fire that doesn’t use the resource to produce commercial-scale energy…But Alberta has yet to see a single geothermal operation materialize…” click here for more

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