This document discusses geothermal development in Canada. It provides an overview of Canada's current electricity supply sources and natural resources sector. It introduces the Canadian Geothermal Energy Association (CanGEA) as the collective voice of Canada's geothermal energy industry that promotes geothermal energy potential through outreach events. The document outlines some of CanGEA's member companies and current geothermal projects in Canada at different stages of development. It also notes some of the international geothermal activities of Canadian companies. Finally, it discusses challenges around the public perception of geothermal energy and the need for improved representation, marketing, and visibility to help position geothermal energy.
HomeRoots Pitch Deck | Investor Insights | April 2024
GRC Annual Meeting, Oct. 24, 2011
1. GEOTHERMAL
DEVELOPMENT IN CANADA
Alexander Richter
Canadian Geothermal Energy Association (CanGEA)
ThinkGeoEnergy.com
@thinkgeoenergy
24 October 2012 – GRC Annual Meeting, Opening Session, San Diego/ California
12. • Collective voice of Canada's geothermal
energy industry
• Non-profit industry association
• Promotion of geothermal energy potential
• Outreach events
• Geothermal Reporting Code
14. Toronto Stock Exchange
& the Geothermal Reporting Code
Leading exchange in mining sector
Strong oil & gas presence
4 geothermal companies listed
TSX & ASX leading in “geothermal”
listed companies
ASX: most money spent in Australia
TSX: most money spent in U.S.
Called of merger with London Stock
Exchange
Basis for transparency, consistency
and confidence in the public reporting
of geothermal information
17. Canadian projects
Project Developer Location Status
Canoe Borealis GeoPower
British Feasibility phase
Reach
Columbia
Lilloet
Alterra Power/ British 3 permits
2149749 Ontario Inc.
Columbia
South Ram Power
British Under
Meager
Columbia
development
Swan Hills
Borealis GeoPower
Alberta
Co-produced
fluids project of
2MW
Ft. Liard
Borealis GeoPower
Northwest Feasibility for
Territories
1MW pilot
project
Con Mine
City of Yellowknife
Northwest Feasibility study
Territories
for district
heating project
Estevan
Deep Corp.
Saskatchewan
Feasibility
18. International activities
U.S.
Chile
Peru
Nicaragua
Iceland
Canada
Borealis GeoPower
x
Caldera Geothermal
x
Alterra Power
x
x
x
x
x
Nevada Geothermal Power
x
Ram Power*
x
x
x
x
*Ram Power acquired Canadian players: Polaris Geothermal, Sierra Geothermal and Western GeoPower
Other companies:
• Enbridge, TransAlta, Estrella International, Canadian Advanced ESP,
Mining firms, financial firms …