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Natural Resources committee Absolutely. We call that “measured data”. Somebody has already drilled a well, produced it, and collected all the data possible. You can either repurpose that well or drill a brand new one that's more optimized for geothermal production. Oil and gas wells have a certain diameter.
May 29th, 2018Committee meeting
Alison Thompson
Natural Resources committee The infrastructure, yes.
May 29th, 2018Committee meeting
Alison Thompson
Natural Resources committee That's right. It's the confidence in the measured data, because it's been flowed.
May 29th, 2018Committee meeting
Alison Thompson
Natural Resources committee There's a lot of active interest in Saskatchewan, northern B.C., and all across Alberta. The regulator has not caught up with the interest in using old infrastructure. By that I mean the Alberta Energy Regulator or the B.C. Oil and Gas Commission. Those things are going to be out
May 29th, 2018Committee meeting
Alison Thompson
Natural Resources committee We tried to lay out two alternatives. Either the Geological Survey could drill the wells themselves or you could have investments into consortium-style companies that drill the wells but then share the data. Either way, Canada and other prospectors get to use the data. There just
May 29th, 2018Committee meeting
Alison Thompson
Natural Resources committee That's right.
May 29th, 2018Committee meeting
Alison Thompson
Natural Resources committee I do. That's also a Borealis project that has partnered with the Kitselas First Nation. There are two or three permitted projects in British Columbia. Again, the regulatory provincial body has granted permits. None of those projects exists in Alberta right now, which is unfortuna
May 29th, 2018Committee meeting
Alison Thompson
Natural Resources committee The oil and gas industry does a great job of measuring depth of well and temperature—so, the bottom hole temperature—and then also things like the permeability or the flow rate. Those would be additional things we could ask the oil and gas industry to share more readily. I don't
May 29th, 2018Committee meeting
Alison Thompson
Natural Resources committee 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 o
May 29th, 2018Committee meeting
Alison Thompson
Natural Resources committee It really is. The earth is constantly bubbling away and, obviously, you'd be producing your wells. What you may do is still just spin your turbine as opposed to making electricity. You probably would still produce your system, but you wouldn't necessarily have to put it onto the
May 29th, 2018Committee meeting
Alison Thompson
Natural Resources committee We're at least suggesting that there are 5,000 megawatts in Alberta alone. B.C. has several thousand megawatts as well. It really is a very large resource. However, much like oil and gas, it only exists in certain places, so you really have to match the resource size with where
May 29th, 2018Committee meeting
Alison Thompson
Natural Resources committee Right now the Canadian Geothermal Energy Association is, and we're happy to host that. We really feel that we're just a stand-in until the Geological Survey of Canada is provided a mandate. I think they are very keen, especially the Calgary office, to play this role. They have be
May 29th, 2018Committee meeting
Alison Thompson
Natural Resources committee Absolutely. We are actually the last large country...on the Ring of Fire, the volcanic ring that goes around the earth. We hold that distinction, but, again, probably for only one more year. I think the United States is the largest producer of geothermal in the world. They've bee
May 29th, 2018Committee meeting
Alison Thompson
Natural Resources committee Absolutely.
May 29th, 2018Committee meeting
Alison Thompson
Natural Resources committee That's what CanGEA has done. As a private non-profit, we have leveraged those models. We host them in Canada, as a springing-off point, as a best practice.
May 29th, 2018Committee meeting
Alison Thompson