Initial Geothermal Project
Our Initial Project is estimated as a 2 MW electrical energy Project along with usable thermal energy. The Project @ 2 MW would generate ~16,469 MWh of electrical energy annually along with ~1.88 MW capacity with a plant factor of ~95%. The available thermal energy from this Project is estimated as an additional at least 12.5 MWt equivalent (110,814 MWh annually) with the same plant factor. Overall estimated development timeline of 36 months.
The thermal energy will be used for heating of Greenhouses, vertical indoor farming and possibly a Geothermal Spa. Development will likely be with closed loop technology.
Using current information from the US EPA calculator the Initial Project electrical & heat energy would displace over
89,000 metric tonnes per year
of greenhouse gases.
The Initial Project is currently being designed for construction on and under farm lands. It could be using our patent pending "GeoREDE" system or a combination of a loop system with a small fractured or undercut area at the base of the production well. Capacity will be finalized depending on actual temperature at depth.
One of our goals is to develop an “off the shelf” design for small Projects from 1 MW to 10 MW electrical energy (by varying depth & number of wells) that can be used in either off-grid situations or specific energy (thermal & electrical) intensive developments. (i.e. industrial or multiple residential). Depending on depth & temperature possible use of multiple CLIMEON type units to capture the energy or single/multiple flash or ORC turbine/gen units will be investigated. Examples of locations where the energy & thermal power could be used include:
• Large scale residential development (district heating & localized energy)
• Large shopping Malls (heat & energy)
• Airports & Stadiums
• Mines (new or active)
• Greenhouse (marijuana) or other agricultural/growing/aquaculture operations including Vertical indoor farming
• Remote First Nation or other communities
We will use a similar approach to the large scale Projects. Once we have a design ready, the same basic layouts and well sizes etc. can be used in areas with similar geology.
In Ontario this would mean we could locate anywhere we have the thermal load requirements just by drilling deeper or adding more wells.
We have been in talks with various First Nations who have shown interest in the unintrusive development of geothermal energy plants on their local environments and lands.