Yes, we are. I welcome the question, Mr. Chair, about geothermal energy.
I would say that this is the missing link in Canada. If you travel in Europe, if you travel in the U.S. and many countries, you would see its presence. You might wonder why we don't have any more here. It's not because we don't have opportunities. If you look at the geothermal map that we produce at NRCan, you will see that we actually have plenty of resources in the country—in the east, west, south, and in the north as well where we have fantastic potential to develop this.
Perhaps because we have such abundant energy supply in all forms—renewable energy and fossil—it was somewhat overlooked. We really felt it was missing in our game because it was such an attractive proposition. We were very happy to announce recently a project in Saskatchewan, the project DEEP, which is looking at having an industrial-scale electricity generation capacity using geothermal energy.
We just announced a couple of weeks ago another project, the Eavor-Loop. This one, I want to say, is in Alberta, but I reserve judgment on that. Interestingly, it is looking at oil and gas experts, horizontal drillers. Those same people who do horizontal drilling in the oil and gas sector brought their expertise to do two vertical drills and then make a geothermal plate that is even more stable, efficient and productive. This is a world first. We're really pleased to see it. one. We are curious to see how the demo turns out.