Ottawa pledges support for Saskatchewan geothermal facility
A new geothermal power facility near Estevan, Sask. is receiving $25.6 million in funding from Ottawa.
The project – led by DEEP Earth Energy Production Corporation – is the first of its kind in Canada.
“DEEP’s project has the potential to transform how the province and the country produces energy, while creating good, middle class jobs for Canadians,” said Prime Minister Justin Trudeau. “This is another example of how we’re taking action to fight climate change today while strengthening our communities for tomorrow.”
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 five Megawatt (MWe) facility 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.