Investing in geothermal clean tech opportunities
Hinton – Supporting technologies that advance environmental objectives, create jobs and stimulate growth in the clean technology sector is a priority for the Government of Canada.
Today, the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for Western Economic Diversification Canada (WD), announced $400,000 for an engineering and design initiative to determine the viability of a Geothermal District Energy System in the Town of Hinton. The Government of Alberta and Alberta Innovates will provide a total of $800,000, bringing the investment amount for the Town of Hinton’s project to $1.2 million. The proposed system would produce renewable geothermal heat from marginally producing oil and gas wells to heat the town’s public buildings.
Canada’s Innovation Agenda promotes clean growth, good jobs and higher living standards for the middle class. The investment announced today is an example of this vision in action.
“When it comes to clean technology, Canada has the opportunity to be a true global leader – creating good jobs for Canadians while helping to meet our climate change goals. I applaud the Town of Hinton for exploring the use of ground-breaking clean technologies to capture and re-purpose geothermal energy for heating.” – Navdeep Bains, Minister of Innovation Science and Economic Development and Minister responsible for Western Economic Diversification Canada
“Through the Climate Leadership Plan, we are helping the Town of Hinton explore what could be the most transformative geothermal energy project in Canadian history. This technology, which leverages renewable heat produced from existing oil and gas wells, has enormous potential to pave the way for other geothermal projects in Alberta, creating future opportunities to diversify our economy and make life better for all Albertans.” – Shannon Phillips, Alberta’s Minister of Environment and Parks and Minister Responsible for the Climate Change