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