Eavor Technologies Inc. has developed a closed-loop geothermal system that pulls heated water from the ground to provide heat or energy. Graphic from Eavor Technologies Inc. (Contributed illustration)

Eavor Technologies Inc. has developed a closed-loop geothermal system that pulls heated water from the ground to provide heat or energy. Graphic from Eavor Technologies Inc. (Contributed illustration)

Geothermal technology being tested in central Alberta drawing international interest

Calgary-based Eavor Technologies is marketing closed-loop geothermal technology

The future remains bright for the geothermal energy technology that is being tested and showcased at a site just west of Sylvan Lake.

Eavor Technologies Inc. drilled a pair of 2.4-kilometre deep wells connected by a pair of underground pipelines for its closed-loop geothermal system in central Alberta in the fall of 2019.

The $10-million demonstration project circulates liquids through kilometres of underground well bores, picking up heat before returning to the surface. The heated liquid can then be used for heating or to create power using heat-to-energy technology.

Eavor president and CEO John Redfern said the central Alberta project continues to operate and will remain the test bed for new innovations and other tweaks to the geothermal technology. A $300-million (200 million euros) project is well into its planning stages and awaiting final approval of $90 million worth of European innovation funding.

The company has many other projects on the go, in Germany, Japan, U.S. and Canada. Facilities in Nevada or in Alberta maybe the first to get up and running and producing power for customers.

“Even those projects are starting later (than the Germany one), there is still a possibility they will get done sooner,” he said, adding he could not divulge any details of the potential Alberta project yet.

Alberta is a cheap place to build, but on the down side energy prices are low and there is no credit given for Eavor’s green technology. However, the technology is well suited to providing power for energy industry facilities, with the added bonus of reducing carbon intensity.

While carbon taxes have been widely condemned by the Alberta government, in certain circumstances they benefit Eavor by making its technology more competitive with natural gas, which has been relatively cheap for many years.

Investors, including the Alberta government, which provided $2 million of the initial $13 million raised, have shown their support for Eavor’s vision. A financing road completed in February raised $40 million with contributions from energy industry players BP and Chevron.

Eavor now has 25 people, most former Alberta oil and gas employees, working out of its Calgary office and there are others working oversees, along with contractors.

Because a lot of the company was able to keep its foot on the gas despite the pandemic.

“We were lucky in that we had already raised some money and already got the pilot project underway,” he said.

Other research and development and the preliminary work behind upcoming commercial projects could largely be done virtually.

“We seem to be able to have dodged the worst aspects of (the pandemic) and maintained momentum. The main focus has been extending and improving the product and also getting the first versions of the product in a commercial development.”

News tips

Like us on Facebook and follow us on Twitter

Just Posted

Alberta’s chief medical officer of health Dr. Deena Hinshaw is asking Albertans to do their part by observing gathering limits, staying home if unwell, wearing masks and maintaining physical distance. (Photo by Chris Schwarz/Government of Alberta)
Three new Central zone COVID-19 deaths, Alberta adds 1,433 cases

Red Deer down to 802 active cases of COVID-19

Alberta’a chief medical officer of health Dr. Deena Hinshaw said Thursday that there are more than 328,000 vaccine appointments booked over the next seven days. (Photo by Chris Schwarz/Government of Alberta)
Alberta surpasses 2 million doses administered of COVID-19 vaccine

Red Deer down to 835 active cases of COVID-19

Alberta Premier Jason Kenney arrives at the 2021 budget in Edmonton, Thursday, Feb. 25, 2021.
‘We did not unite around blind loyalty to one man’:Kenney faces internal call to quit

Senior backbench member Todd Loewen, in a letter posted on Facebook, called on Kenney to resign

Alberta continues to wrestle with high COVID-19 case numbers. (NIAID-RML via AP)
Red Deer up to 858 active cases of COVID-19

Province reports additional 1,799 cases of the virus

ALERT seized drugs and a variety of guns from a home in Lacombe on May 5 after an investigation. (Photo courtesy of ALERT)
Guns and drugs seized in Lacombe

Lacombe Police Service and ALERT worked together in a joint investigation

Marc Kielburger, screen left, and Craig Kielburger, screen right, appear as witnesses via video conference during a House of Commons finance committee in the Wellington Building in Ottawa on Tuesday, July 28, 2020. The committee is looking into Government Spending, WE Charity and the Canada Student Service Grant. THE CANADIAN PRESS/Sean Kilpatrick
Trudeau didn’t violate conflict rules over WE Charity, watchdog says

Federal ethics commissioner Mario Dion found that former finance minister Bill Morneau did violate the rules

Chief Public Health Officer Theresa Tam listens to a question during a news conference, in Ottawa. THE CANADIAN PRESS/Adrian Wyld
Restrictions will lift once 75% of Canadians get 1 shot and 20% are fully immunized, feds say

Federal health officials are laying out their vision of what life could look like after most Canadians are vaccinated against COVID-19

Chris Scott, owner of The Whistle Stop Cafe, was put in handcuffs after an anti-restriction protest Saturday in the parking lot of the business. (Screenshot via The Whistle Stop Facebook page)
Alberta RCMP investigating possible threat to police after Mirror rally

Online images show RCMP members, vehicles in crosshairs of a rifle

An Israeli attack helicopter launches flares as he flies over the Israeli Gaza border, southern Israel, Thursday, May 13, 2021. (AP Photo/Ariel Schalit)
Singh calls for halt on Canadian arms sales to Israel as violence escalates in region

Government data shows Canada sent $13.7 million in military goods and technology to Israel in 2019

New homes are built in a housing construction development in the west-end of Ottawa on Thursday, May 6, 2021. THE CANADIAN PRESS/Sean Kilpatrick
Budget’s foreign-homebuyers tax could bring in $509 million over 4 years, PBO says

Liberals are proposing a one per cent tax on vacant homes owned by foreign non-residents

A Canadian flag patch is shown on a soldier’s shoulder in Trenton, Ont., on Thursday, Oct. 16, 2014. The Canadian Forces says it has charged one of its members in the death of an army reservist from British Columbia during a training exercise at a military base in Alberta last year. THE CANADIAN PRESS/Lars Hagberg
Canadian Forces member charged in death of army reservist during training exercise

Cpl. Lars Callsen has been charged with one count of negligence

A youth plays basketball in an otherwise quiet court in Toronto on Saturday April 17, 2021. The Canadian Civil Liberties Association is urging the federal and provincial governments to fight COVID-19 pandemic by focusing on proven public health policy interventions including paid sick leave, and education rather than punitive enforcement measures. THE CANADIAN PRESS/Chris Young
Provinces issued more COVID-19 tickets during 2nd wave: CCLA report

‘A pandemic is a public health, not a public order, crisis,’ reads the report

Prime Minister Justin Trudeau holds a press conference in Ottawa on Tuesday, May 11, 2021. Trudeau is rejecting accusations from Alberta’s justice minister that his federal government is part of a trio rooting for that province’s health system to collapse due to COVID-19. THE CANADIAN PRESS/Sean Kilpatrick
Alberta justice minister sorry for saying feds, others rooting for COVID disaster

Earlier Tuesday, prior to Madu’s apology, Trudeau rejected the accusations

Most Read