Thank you, Mr. Chairman.
Thank you all for being with us today.
I would like to begin by making the point that electricity has huge potential here in Canada. We all agree on that. We are especially familiar with hydro electricity, which can be developed further, and electricity produced using wind turbines. Furthermore, it is now possible to achieve very high steam temperatures—of about 380 oC—using solar energy. That is well known. Here in Canada, we receive a great deal of sun. This research is on the verge of being completed and will soon be able to be applied.
We also know that deep geothermy can provide electricity all across Canada, something that would make it possible to satisfy all our energy needs between now and 2050. Additional research is required, but it is feasible. Electricity could also be an alternative energy. We can replace energy used for cars, industry and heating. It is a very flexible energy that can replace other forms of energy.
Have you assessed the economic potential of all the possible development options associated with the non-polluting production of electricity, Mr. Turk?