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Clarke Lake Geothermal project gets $40 5MIL cash injection

Clarke Lake Geothermal project gets $40.5MIL cash injection April 5, 2021 Aerial photograph of the Fort Nelson First Nation’s proposed geothermal development site at Clarke Lake in the northeast corner of the province (February 2018). Photo courtesy B.C. Ministry of Energy, Mines and Petroleum Resources. April 5, 2021 – The Clarke Lake Geothermal Development Project in northern British Columbia got an injection of nearly $40.5 million in federal investments to develop its geothermal electricity production facility, and showcase its commercial viability. The wholly owned and Indigenous-led project is being developed in the existing Clarke Lake gas field, and will use the mid-grade geothermal heat resources in its reservoir to reduce emissions by displacing fossil fuels, reports Natural Resources Canada, adding the project will also demonstrate “the value of geothermal energy as a viable clean energy technology for rural, Indigenous and northern communities”.

Energy efforts making headlines across Canada

From electric vehicles to geothermal energy, our focus is on reducing emissions by 2050 Steam rising from the Nesjavellir Geothermal Power Station in Iceland. (Photo: Gretar Ívarsson) April 1, 2021 Across Canada, there’s a focus on, and investment in, energy efficient activities. Here’s what’s been in the headlines lately:  Quebec electric vehicle company gets $185 million for battery plant A Montreal-based company is building a lithium-ion battery assembly plant thanks to $185 million from the federal and provincial governments. The projecxt is expected to add about 135 jobs and produce 14,000 batteries a year once complete (currently estimated for 2023).  The company, Lion Electric, already has its name on zero-emission transit buses a vehicle the federal government has committed to purchasing 5,000 of during the next five years. There are already about 300 Lion vehicles on the road. 

$40m government funding for Clarke Lake geothermal project

$40m government funding for Clarke Lake geothermal project
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