Alexander Richter highlights this historical milestone in his article entitled "First geothermal resource well authorization issued in British Columbia, Canada" on ThinkGeoEnergy. The article includes a quote from Borealis CEO & president, Alison Thompson:
“We not only drill into mountains, but by working together, we also move them, and Borealis is deeply committed to our team and host community.”
"The Geothermal Resources Act governs development and use of geothermal resources (80 degrees Celsius and above) and the Commission has jurisdiction over the operational requirements."
These authorizations will allow Borealis to go forward with drilling for the collection of geotechnical and temperature gradient information.
Alison Thompson, Borealis GeoPower CEO and president, is quoted in the article as saying:
"The questions we ask are the ones we ask every day in the oil, gas and mining industries, once people see how it works, they will realize that there are existing services, technology, innovations and regulations that are right for geothermal projects." ~translated from French.
Borealis' recent deal with Climeon for the world's first order for a geothermal power plant in Canada makes up part of these transactions, with the delivery of three 150 kW Climeon modules valued at approximately EUR 1,000,000.
In recent years, there has been a strong notion in Canada that Alberta needs to diversify its economy, perhaps geothermal energy could help provide a solution to that problem.