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”.