Developing Geothermal Resources
DEEP Earth Energy Production Corp., (DEEP) a privately held corporation is leading the way on renewable geothermal energy development by introducing renewable baseload power generation to the SaskPower grid. This project will use innovation, proven technology, and a highly skilled work force to develop and construct Canada’s premier geothermal power facility.
After more than a decade of preliminary work and preparatory engineering, DEEP is positioned to be the first producer of large-scale geothermal power in Canada. DEEP has the geothermal rights within 39,120 hectares (approximately 100,000 acres) with the potential for approximately 140 MW of geothermal power. This could offset approximately 385,000 tonnes/year of CO2e, removing the equivalent of 85,000 cars off the road annually. The permit block is located along the Saskatchewan-North Dakota border, approximately 30 kilometres southwest of Estevan.
DEEP is not a reporting issuer in any jurisdiction and its’ shares are not listed or posted for trading on any exchange or over-the-counter market or website. Potential investors are cautioned that any representation to the contrary by any person is false. If you are interested in participating in the Company’s current Private Placement, please find those details here.
Hot Sedimentary Geothermal Power 101
How are Geothermal Resources Produced?
Uses of Geothermal Energy
Hot water produced from geothermal reservoirs can also be used in applications other than direct power production. Some of these applications include:
Space heating, district heating and cooling processes;
Hot springs and spas;
Augmentation of existing power generation plants;
Seed and grain drying.
Benefits of Geothermal
A small company in Saskatchewan is building what could become Canada’s first geothermal power plant, which could launch a green revolution for the energy industry and the people who work in it.
Pipelineonline.ca – April, 25 – DEEP is taking its last steps towards a final investment decision and major financing
SASKATOON – After several years of drilling and testing, Deep Earth Energy Production Corp. (DEEP) thinks they have figured out how they are going to make their geothermal power production facilities work.
DEEP continues to advance the Company’s first ~35 Megawatt (MW) geothermal power facility in southeastern Saskatchewan; as a Canadian first, the facility is planned to produce emission-free baseload power.