Learn more about the Village of Valemount's intention to build a Geothermal District Heating System in the Rocky Mountain Goat's article: Cleaner, Greener and Cheaper: Village to apply to heat buildings with geothermal heat.

www.therockymountaingoat.com

In an article featured on CBC News, Borealis CEO and CanGEA Chair, Alison Thompson, speaks about Alberta's renewed commitment to the geothermal energy industry and its ability to draw from Alberta's existing Oil and Gas sector.

"Geothermal is the perfect example of one such bridging opportunity, because it draws on the skills of our people, the potential within the earth, and the aspirations of a low-carbon emissions future."

​Read the full article, here.

The Government of Alberta announced that it is set to have discussions with stakeholders and introduce Provincial geothermal legislation this fall. This will create greater policy and regulatory certainty for the geothermal industry, investors, and Albertans.

Borealis CEO and Canadian Geothermal Energy Association (CanGEA) Chair, Alison Thompson, says:

"The Government of Alberta’s support for the geothermal industry through the introduction of regulations and policies will create new opportunities for the energy sector, while also allowing Alberta to integrate renewable resources into the existing energy industry. CanGEA believes that Alberta has tremendous accessible geothermal resources suitable for district heating and other space heating opportunities spread throughout the province. Some locations can also support electricity projects. CanGEA applauds the Alberta government’s leadership in developing regulations and policies that will allow industry to deliver social, economic, and environmental results to Albertans and all of Canada."

Read more: Government of Alberta Press Release

Borealis was mentioned in an article discussing the development of the geothermal industry in Canada.

Read More:
​https://www.thinkgeoenergy.com/is-the-geothermal-energy-industry-in-canada-gaining-ground/

Fran Yanor of the Rocky Mountain Goat newspaper in Valemount, BC reported on Prince George-Valemount MLA Shirley Bond engaging in a BC legislative committee debate about geothermal heating energy with BC's Minister of Energy, Mines, and Petroleum Resources, Bruce Ralston.

Borealis, the Village of Valemount, and MLA Shirley Bond continue to advocate for the use of geothermal energy for heating and cooling in the Province of BC.

Read more.

Borealis was profiled in CRIN's July Newsletter as a member company.

The Clean Resource Innovation Network (CRIN) is a group of forward-thinking oil and gas industry professionals, innovators, financiers, policy makers, incubators & accelerators, academics and students committed to the success of the hydrocarbon energy sector, the people and communities that it touches, and a strong, carbon-competitive and diversified Canadian economy.

As an Alberta-based geothermal energy company, Borealis is a proud CRIN member.

“Geothermal energy shares many synergies with the oil and gas industry – all the way from the need to secure a good land position to the use of innovative subsurface and facilities technologies,” - Alison Thompson, Chief Executive Officer of Borealis.

Borealis is proud to diversify the Canadian economy while utilizing the technology, skills, and experience that the Canadian oil and gas industry has developed to date.

Learn more about CRIN, and consider joining the network, here.

An update on Kitselas Geothermal Inc., a Borealis project under development with majority partner Kitselas Development Corp, was featured in the Terrace Standard, a local newspaper, and on ThinkGeoEnergy, a geothermal energy industry news website.

Please Note: There are no plans to generate electricity from the Kitselas Geothermal Inc. project, as could be inferred from the articles linked above.