Alberta is uniquely positioned to attract investment in this emerging industry because of its geothermal resources, leadership in drilling technology and extensive oil and gas expertise. However, development has been limited as, without a specific regulatory framework, geothermal project applications have been assessed on a case-by-case basis, which is inefficient for both industry and government.
“Encouraging the development of low-emitting geothermal energy will play an important role in Alberta’s economic recovery by attracting investment and creating jobs in this emerging sector. Through this legislation, we are establishing a clear path forward for geothermal projects, while ensuring the resource is developed responsibly and in the best interests of Albertans, including landowners.” – Sonya Savage, Minister of Energy
