Epoch Energy, a Calgary based company, and the Edmonton are suggesting to re-open an abandoned gas well. For what purpose? To heat close by municipal buildings. There are 12 public buildings within the raidus of the gas well, including schools, governement offices, a hospital and the RCMP detachment. Should this be possible, they would cut its CO2 emissions by 3,795 tonnes a year.
Question we are all thinking, how much is this going to cost? The proposed project is an estimated $10.2 million, BUT within 16 years the project will be pay for itself as these buildings would be saving that much at the current rate of nautral gas.
"It would be a huge boon for the economy of this province," said Johnathon Banks, a University of Alberta geologist who's working on the project.
"It makes sense," said Hinton Mayor Rob Mackin. "We were built on resources and this is just an extension of that."
The Alberta Energy Regulator has some questions that they need answered, however if the answers are in favour, the possibilities are large. Alberta has thousands of oil and gas wells that offer possibilities.
If all goes according to plan, this pilot project could be up and running as early as 2019. In just under two years, Canada could be getting its first geothermal heating system.
Source: CTV News