On October 7, 2020, the Government of Alberta (the Government)
announced its plan for geothermal energy development in the
province (Setting the Stage for Clean Geothermal
Development).
The Government proposes to begin discussions this fall with key
stakeholders, and introduce legislation for the exploitation of
geothermal energy. According to the Government, a strong geothermal
sector has the potential to create jobs in the oil and gas industry
and create economic opportunity for Indigenous and rural remote
communities, while lowering greenhouse gas emissions.
The proposed geothermal legal and policy framework will create
greater policy and regulatory certainty, provide industry with
clarity on rules and processes, establish an approach to land use
and liability management, and protect landowners and mineral rights
owners. The announcement follows on the heels of the Government
sharing its Natural Gas Vision and Strategy. These plans
are particularly important to