There’s still time to get into geothermal game

The year 1984 is more than just a George Orwell novel. It’s also when the federal government packed in its geothermal energy program, more or less taking one of Canada’s best renewable resources off the radar screen of the public and investors.

In the 23 years that have passed, the world has become a different place. Drilling technologies have improved dramatically. The ability to detect geothermal hotspots deep below the Earth’s surface has also gotten better. Climate change concerns have drawn much-needed attention to development of renewable energies such as wind, solar, hydroelectric and even wave power.

Around the world, including the United States, a great deal of investment – and in some cases, reliance – has been placed on the ability to tap the Earth’s emission-free geothermal resources. Canada, however, isn’t even on the map.

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