31 Jul 2013

CanGEA releases the “Geothermal Technology Roadmap: Global Best Practices Summary – Exploration through Generation”

On July 22, 2013, the Canadian Geothermal Energy Association (CanGEA) released the “Geothermal Technology Roadmap: Global Best Practices Summary – Exploration through Generation”. The report outlines aspects of geothermal energy development, including: exploration, reservoir modeling, drilling, stimulation and completions, power conversion and the direct use of heat.

The report is available for download here. The dual aims of the report are to increase investor confidence by increasing their knowledge base and to arm Canadian and global geothermal project developers with information to make better technology decisions.

This Geothermal Technology Roadmap reviews what other leading nations and agencies have already published and thus informs our target audience, geothermal developers and investors, of the state-of–the-art technologies and techniques in the industry and enables them to consider applications to their own projects. For technology providers, this report will inform research and business plans by discovering what priority areas of research still remain unsolved and by identifying step-out applications for the markets they currently serve. Further, Small and Medium Enterprises (SMEs) are of special importance when considering the audience, as these organizations most often lack the internal resources to accumulate the type of information presented in this Geothermal Best Practices Summary in a comprehensive manner.

The “Geothermal Technology Roadmap: Global Best Practices Summary – Exploration through Generation” is part of a larger initiative, known as the Canadian Geothermal Technology Roadmap & Implementation Plan (TRM&IP), that intends to identify, address and remove roadblocks to the development of the geothermal energy industry in Canada.

The CanGEA report is quite different than the recent IGA Exploration Best Practices document insofar as it outlines aspects of international geothermal energy development, including: exploration, reservoir modeling, drilling, stimulation and completions, power conversion and the direct use of heat.