The Canadian authorities introduced it would present $25.6 million Canadian ($19.28 million) in funding for the nation’s first geothermal power facility.
In an announcement on the finish of final week, the workplace of Prime Minister Justin Trudeau stated that the 5 megawatt (MW) undertaking, spearheaded by the Deep Earth Energy Production Corporation, would generate sufficient power to power round 5,000 houses.
The facility is positioned close to Estevan, within the province of Saskatchewan, and can create 100 jobs throughout its development section.
In a press release, Trudeau stated the undertaking had “the potential to transform how the province and the country produces energy, while creating good, middle class jobs for Canadians.”
The growth of a brand new geothermal facility will bolster Canada’s renewable power manufacturing. Currently, 66 p.c of Canadian electrical energy comes from renewable sources, in keeping with the Canadian authorities. The nation is acknowledged as a world chief in hydropower alongside international locations similar to China, Brazil and the United States.
While the geothermal power sector in Canada is nascent, a well-developed sector exists throughout the border within the U.S.
Described by the U.S. Department of Energy (DOE) as a “vital, clean energy resource,” geothermal power refers to warmth from beneath the Earth’s floor which can be utilized to supply renewable power.
The DOE provides that geothermal power “supplies renewable power around the clock” however emits little or no greenhouse gases.
In 2017, geothermal power vegetation within the U.S. generated round 16 billion kilowatt hours, in keeping with the U.S. Energy Information Administration. This represents simply 0.4 p.c of utility-scale electrical energy technology within the U.S. and due to this fact remains to be solely a small a part of the nation’s complete power technology.