OUR GREAT MINDS

    by Tina Olivero

    Prime Minister: Supports Canada’s first geothermal power facility

    “Today’s announcement is an investment in the future of Saskatchewan and all our children. DEEP’s project has the potential to transform how the province and the country produce energy while creating good, middle-class jobs for Canadians. This is another example of how we’re taking action to fight climate change today while strengthening our communities for tomorrow,” said the Rt. Hon. Justin Trudeau, Prime Minister of Canada.

    The Government of Canada is taking strong steps to protect the environment and grow the economy while creating good, middle-class jobs and more opportunities for Canadians.

    The Prime Minister, Justin Trudeau, today announced support for a new geothermal power facility near Estevan in Southeastern Saskatchewan. The energy project, led by DEEP Earth Energy Production Corporation, is the first of its kind in Canada and taps into a new renewable energy resource.

    Geothermal energy harnesses heat from the earth’s crust and transforms it into electricity to power our homes and businesses year round. DEEP’s geothermal facility will build on Saskatchewan’s leadership in the energy sector, using familiar drilling technologies from the oil, gas, and mining industries to tap into this reliable energy source.

    The Government of Canada will provide $25.6 million in funding for the five Megawatt (MWe) facility, which will produce enough energy to power approximately 5,000 homes all while taking the equivalent of the yearly emissions of 7,400 cars out of the atmosphere. The project will create 100 jobs during construction, provide the provincial power grid with clean, renewable energy, and create new business opportunities for local communities.

    The Government of Canada will continue to make smart investments in research and innovation to develop new clean energy technology, and meet our climate goals and create economic growth that benefits everyone.

    Quick Facts

    • Funding for this project is being provided through Natural Resources Canada’s Emerging Renewable Power Program. In 2014, Natural Resources Canada contributed $1 million through its ecoENERGY Innovation Initiative for a pre-feasibility study for this project. Natural Resource Canada’s Clean Energy Innovation Program and Innovation Saskatchewan also contributed $350,000 and $175,000, respectively, towards test drilling. The total cost of the project is $51.3 million.
    • The local community will channel excess heat from the facility to a 45-acre greenhouse for commercial use. Sustainable, affordable clean heating for major commercial greenhouses present new opportunities for the Saskatchewan agricultural sector.
    • The project will pave the way for additional investment in the Williston Basin, which has the capacity to support several hundred MWe of power generating capacity.
    • Canada is a world leader in the production and use of energy from renewable resources. In Canada, 66 per cent of electricity production is from renewable sources, such as hydroelectricity.
    • On January 9, 2019, Canada officially became a member of the International Renewable Energy Agency, joining 159 countries in an intergovernmental organization devoted to providing clean, sustainable energy for the world’s growing population.

    Associated Links

    Source:  Prime Ministers Office, Government of Canada
    pmo-cpm.gc.ca
    Tina Olivero

    30 years ago, Tina Olivero looked into the future and saw an opportunity to make a difference for her province and people. That difference came in the form of the oil and gas sector. Six years before there was even a drop of oil brought to the shores of Newfoundland, she founded The Oil and Gas Magazine (THE OGM) from a back room in her home on Signal Hill Road, in St. John’s, Newfoundland. A single mother, no financing, no previous journalism or oil and gas experience, she forged ahead, with a creative vision and one heck of a heaping dose of sheer determination. With her pioneering spirit, Ms. Olivero developed a magazine that would educate, inspire, motivate and entertain oil and gas readers around the world — She prides herself in marketing and promoting our province and resources in unprecedented ways. The OGM is a magazine that focuses on our projects, our people, our opportunities and ultimately becomes the bridge to new energy outcomes and a sustainable new energy world. Now diversifying into the communications realms, a natural progression from the Magazine, The OGM now offers an entirely new division - Oil & Gas Media. Today, The Oil and Gas Magazine is a global phenomenon that operates not only in Newfoundland, but also in Calgary and is read by oil and gas enthusiasts in Norway, Aberdeen, across the US and as far reaching as Abu Dhabi, in the Middle East. Believing that Energy is everyone’s business, Ms. Olivero has combined energy + culture to embrace the worlds commitment to a balance of work and home life as well as fostering a foundation for health and well being. In this era of growth and development business and lifestyle are an eloquent mix, there is no beginning or end. Partnering with over 90 oil and gas exhibitions and conferences around the world, Ms. Olivero's role as a Global Visionary is to embrace communication in a way that fosters oil and gas business and industry growth in new and creative ways.

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