DEEP is developing Saskatchewan’s geothermal resources for power generation. Using its geological expertise and first-mover advantage, DEEP will harness high quality geothermal resources with existing technology to establish a long term renewable baseload power supply. DEEP’s long term goal is to develop hundreds of megawatts of baseload power facilities from small repeatable 5 megawatt (MW) power plants. Each 5 MW facility would power approximately 5000 households.
DEEP has secured a Power Purchase Agreement (PPA) contract with SaskPower. This is the first PPA in Canada issued for a geothermal power facility.
DEEP is underway with a ~$8M Bankable Feasibility Study with the first of 3 Milestones now complete. DEEP is now underway with Milestone 2, which includes the drilling and testing for production, and injection zone viability. Final testing and reservoir modelling from the program will refine the assumptions made on the resource in the Prefeasibility Study and effectively outlay the best design parameters for what will be Canada’s first geothermal power generation facility.
