The worldwide average for geothermal cost is about $40 per megawatt hour. That's about what Alberta is paying these days or about half of what is paid in British Columbia. It's really because it's a long-life asset. The countries involved, New Zealand and Iceland, and the state of California have been producing for over 50 years. They get to the point where they don't even turn off the machine at the end of life. They'll just refurbish it. It's much like a hydro dam or a nuclear plant in that it has a very long life. As for the operating cost, of course, the fuel is free.
It's very competitive, but you have to get over the idea that drilling wells is risky. So, as opposed to feeling that it's risky, if we could use the data and metadata that's available or at least organized by organizations like the Geological Survey of Canada, we'd be better prospectors ourselves and, obviously, the cost would go down.