Monday, July 27, 2015

Canada:

B.C. Geothermal Projects Promising, but ‘Very High Risk’ (The Vancouver Sun)

However, Borealis GeoPower eager to work on proposal with BC Hydro


Two potential geothermal energy projects near Pemberton, near Whistler in British Columbia (B.C.) could generate electricity for about seven cents a kilowatt hour — only slightly higher than the 5.8 cents to 6.1 cents a kilowatt hour cost estimate of the Site C dam project.

That's the conclusion of a recent Kerr Wood Leidal Associates study on the economic viability of geothermal resources in B.C., which considered nine of the most favorable geothermal sites in the province.

There are no geothermal energy projects operating in B.C. but the study estimated the cost per kilowatt hour for the nine sites would range from 6.9 to 7.1 cents for Pebble Creek and Meager Creek near Pemberton to 17.6 cents for Clarke Lake near Fort Nelson.

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