Government of Canada Invests in Geothermal Energy in Northern Canada
November 26, 2024
Ottawa, Ontario – The Government of Canada today announced an investment of $50 million in geothermal energy projects in Northern Canada. This investment will help to develop the country’s geothermal resources and reduce our reliance on fossil fuels.
“Geothermal energy has the potential to provide clean, renewable energy to communities across Canada, including in remote and northern regions,” said the Honourable Jonathan Wilkinson, Minister of Natural Resources. “This investment will help to unlock the potential of geothermal energy in Northern Canada and create good jobs for Canadians.”
The funding will be used to support a variety of geothermal energy projects, including:
- The development of new geothermal heating and cooling systems for communities in the Northwest Territories and Yukon
- The construction of a geothermal power plant in Nunavut
- The research and development of new geothermal technologies
Geothermal energy is a clean, renewable energy source that can be used to heat and cool homes and businesses, and to generate electricity. It is a reliable source of energy that is not affected by weather conditions.
The Government of Canada is committed to investing in clean energy technologies that will help to reduce our reliance on fossil fuels and create a more sustainable future for Canada.
The Government of Canada Invests in Geothermal Energy in Northern Canada
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