Geothermal

Alberta has vast geothermal resources that present an opportunity to diversify our economy, create immediate and long-term jobs, provide clean, renewable energy and lower our GHG emissions. However, compared to the rest of the world, Alberta’s geothermal energy potential is largely untapped.

Experts are saying that geothermal energy is the “next hot thing in Alberta” because of its potential as a clean, renewable resource that could power a new, sustainable energy industry using the same infrastructure as the oil and gas industry.

There is currently a lot of enthusiasm among companies, researchers, and communities to explore these opportunities. In fact, a number of different companies are already working on different geothermal projects and several others are looking to enter the sector.

Geothermal offers a range of clean technology solutions for today’s industrial processes. It’s also a potential source of electricity. Geothermal energy is a “right-now” jobs prospect for those in the skilled trades, information technology and geospatial mapping.

Rachel Notley

Our Proposals

1. Develop a Geothermal Energy Royalty Regime

2. Build and Promote Local Private Markets for Geothermal in Alberta

3. Support Municipalities and Community Generation

4. Incentivize Geothermal Innovation in Alberta

5. Create Synergies with Oil and Gas

6. Convert Oil and Gas Liabilities into New Assets

7. Work with the Federal Government on Advancing Geothermal Opportunities

8. Promote the Export of Alberta Geothermal Services and Technology

Please read our full report for rationale of each proposal and background information on why it is beneficial for Alberta expand into Geothermal.