Saskatchewan driller hits 'gusher' with ground-breaking geothermal well that offers hope for oil workers
A first for Canada and the world, the well can produce enough electricity to power 3,000 homes
https://financialpost.com/commodities/energy/saskatchewan-driller-hits-gusher-with-ground-breaking-geothermal-well-that-offers-hope-for-oil-workers https://financialpost.com/commodities/energy/saskatchewan-driller-hits-gusher-with-ground-breaking-geothermal-well-that-offers-hope-for-oil-workers
"She added that the project was de-risked in part by funding from the federal government, which committed $25.6 million in funding in January 2019 for the project. All told, the geothermal power project is expected to cost $51 million."
Looks like an opportunity to put some oil workers back to work and invest in some renewable clean energy.
A first for Canada and the world, the well can produce enough electricity to power 3,000 homes
https://financialpost.com/commodities/energy/saskatchewan-driller-hits-gusher-with-ground-breaking-geothermal-well-that-offers-hope-for-oil-workers https://financialpost.com/commodities/energy/saskatchewan-driller-hits-gusher-with-ground-breaking-geothermal-well-that-offers-hope-for-oil-workers
"She added that the project was de-risked in part by funding from the federal government, which committed $25.6 million in funding in January 2019 for the project. All told, the geothermal power project is expected to cost $51 million."
Looks like an opportunity to put some oil workers back to work and invest in some renewable clean energy.
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