Canada: An Alternative Energy Oasis (Greener Ideal)
In Canada, there are many different alternative power technologies, but those that are more affordable and offer better technology maturity are: geothermal, biomass, wind and solar.
As of yet, there is no geothermal generation of electricity on Canada’s Pacific coast, but Western Geo-Power Corporation is in the final stage of the evaluation to generate electricity for Yukon Energy Corporation and Yukon Cold Climate Innovation Center.
Most geothermal resources are distanced from populations, but recent technologies have been working on expanding the reach of this energy to the distant communities.
Investors are seriously looking into Canada’s geothermal energy production and planning development projects. It’s estimated that development for geothermal installations will take only about three years, whereas it takes five or more to create a large coal plant.
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