THE GOVERNMENT OF CANADA INVESTS IN GEOTHERMAL ENERGY

Thursday, March 5, 2015

“Whitehorse – On behalf of Minister Aglukkaq, Yukon MP, Ryan Leef announced funding for development into potential renewable sources of natural geothermal energy in Yukon. The Government of Yukon Department of Energy, Mines and Resources’ Energy Branch will work in cooperation with the Yukon Geological Survey and the Canadian Geothermal Energy Association to develop maps and reports that will identify sources of renewable energy. This project will contribute to economic development and energy security in the territory.”What does this mean for the Yukon? While clean, renewable and affordable power are always welcomed, this project is expected to broaden horizons for local entrepreneurs. The northern territory would be an excellent location for the many direct use applications of geothermal heat that will be detailed in our report. These include district heating systems, greenhouses, sidewalk snow melting, fish farms and many more. As we like to say at CanGEA, the only limit to direct use applications is your imagination!The use of geothermal energy is expected to improve food security and promote economic development, creating sustainable, thriving communities.
“Our Government recognizes that reliable, secure, and affordable energy sources foster northern economic development and have the potential to create jobs, growth and long-term prosperity.”Ryan Leef
Member of Parliament for Yukon
“This project will build the knowledge base required for companies who have an interest in geothermal energy production. The initial mapping will significantly decrease the costs associated with geothermal exploration and help promote development of this renewable resource.”Scott Kent
Minister of Energy, Mines and Resources, Government of Yukon
“This is a landmark opportunity for all that live and work in the Yukon.  The Territory is now one step closer to realizing the potential that geothermal heat and power has for the economy, the environment, First Peoples, tax-payers and businesses.”Alison Thompson
Canadian Geothermal Energy Association