Alberta
Calgary geothermal tech leader Eavor awarded $130 million CND grant from EU to help European energy security
News Release from Eavor Technologies Inc.
Eavor’s next-generation geothermal project awarded €91,6 million grant from the European Innovation Fund
Eavor Technologies Inc. and Eavor Erdwärme Geretsried GmbH (together “Eavor”), the leader in globally scalable geothermal closed-loop technology, has been awarded a €91,6 million grant from the European Innovation Fund (“EIF”), in support of the Eavor-Europe™ geothermal project already under construction in Bavaria south of Munich near the town of Geretsried, Germany.
The project is the world’s first commercial implementation of an Eavor-Loop™, a showpiece of the zero-emissions heat and power production capabilities of next-generation geothermal technology, and a flagship site for the fundamental ability of Eavor-Loop™ to provide energy security and autonomy, globally.
Construction began in October 2022, with drilling scheduled to commence in July 2023. Two of Europe’s largest drilling rigs are already under a four-year contract with KCA-Deutag. An Organic Rankine Cycle (“ORC”) power plant is being designed and constructed simultaneously with drilling operations in collaboration with Turboden S.p.A., with the first energy production scheduled for Q4, 2024.
John Redfern, President, CEO and Co-Founder at Eavor Technologies Inc., stated: “I’d like to thank the European Commission. We at Eavor are humbled to be included in the EIF program alongside so many prestigious European multinationals. We believe this first commercial Eavor-Loop™ will open the floodgates to the broad implementation of what is the first truly scalable form of green baseload energy. In this way, we hope to help Europe solve its twin existential threats of Climate Change and lack of Energy Autonomy”.
The project will result in 8,2 MWe and ~44.000 tCO2e GHG emissions avoided per year including anticipated heat offtake and power sales. Eavor estimates that ~20.000 homes will be powered with clean energy harnessed from the Earth and up to 600 person-years of drilling services and powerplant/infrastructure jobs will be created during the construction phase of the project.
Philippe Dumas, Secretary General at the European Geothermal Energy Council, stated: “I’m glad to see the EC Innovation Fund supporting the geothermal project submitted by Eavor GmbH to commercially demonstrate innovative renewable district heating and power supply in Geretsried, Germany. Given the energy, climate and food security crisis as well as the need to meet the tripling of the geothermal target by 2030, this innovative project is of paramount importance: it will increase the security of electricity supply, help decarbonise the district heating sector, reduce greenhouse gas emissions and stimulate technological innovation all of which could also be replicated elsewhere.”
Daniel Mölk, President at Eavor GmbH, stated: “Eavor would like to thank regional stakeholders, the Bavarian/German Governments, the community, and operational partners generally. Eavor, and its project partners, Chubu Electric Power Co., Inc. and Enex Power Germany GmbH, are honoured to be so welcomed and supported by all.”
Project Summary
The Eavor-Loop™ at Geretsried, Germany will provide clean baseload energy for district heating and/or power generation. It consists of multiple large underground radiators buried at 4,500 metres. Operating under a natural thermosiphon requiring no pump and no aquifer, clean fresh water will circulate through the radiator carrying the heat to surface.
With practically no greenhouse gas (GHG) emissions during operation, Eavor Loop will avoid almost 100% of the emissions compared to the reference scenario. Eavor Loop is also an environmentally friendly solution: it can be installed virtually anywhere providing the EU with a scalable, secure source of renewable heat and power. An on-site visitor centre will be built and open to the public interested to know more about the technology and the operations of this first-of-kind implementation. – Eavor-Europe™ Webpage
About the European Innovation Fund (EUIF):
With projected revenue of more than €38 billion by 2030 from the EU Emissions Trading System (ETS), the Innovation Fund aims to create the right financial incentives for companies and public authorities to invest in the next generation of low-carbon technologies and give EU companies a first-mover advantage to become global technology leaders. The EUIF focuses on highly innovative technologies and big flagship projects within Europe. The European Commission is tasked with overall management and implementation of the fund and has designed the European Climate, Infrastructure and Environment Executive Agency (CINEA) as the implementing body of the fund.
The first call for large-scale projects awarded grants of €1.1 billion to 7 projects in energy-intensive industries, hydrogen, carbon capture, use and storage, and renewable energy.
The projects selected under the €1.8 billion second call for large-scale projects were evaluated by independent experts based on their ability to reduce greenhouse gas emissions compared to traditional technologies and to innovate beyond the state-of-the-art, while being sufficiently mature for deployment. Other selection criteria included the projects’ potential for scalability and cost effectiveness. – Innovation Fund
Reference material: Innovation Fund projects (europa.eu)
About Eavor Technologies Inc.
Eavor (pronounced “Ever”) is a technology-based energy company led by a team dedicated to creating a clean, reliable, and affordable energy future on a global scale. Eavor’s solution (Eavor-Loop™) represents the world’s first truly scalable form of clean, dispatchable, and flexible power. Eavor achieves this by mitigating or eliminating many of the issues that have traditionally hindered geothermal energy. Eavor instead circulates a benign working fluid that is completely isolated from the environment in a closed-loop, through a massive subsurface radiator. This radiator simply collects heat from the natural geothermal gradient of the Earth via conduction. [email protected] | Eavor.com
About KCA Deutag:
With over 130 years of experience, KCA Deutag is a leading drilling, engineering and technology company working onshore and offshore with a focus on safety, quality and operational performance. We operate approximately 81 drilling rigs in 14 countries, either directly or through our affiliates, employing people in Africa, Europe, the Middle East, the Caspian Sea and Canada. KCA Deutag consists of our business units: Land, Offshore and Kenera. Land and Offshore are our operational divisions delivering safe, effective, trouble-free operations across 20 countries. Kenera brings together our design and engineering specialists RDS and land rig and oilfield manufacturer Bentec under one business unit. Kenera was established to expand our offering in both hydrocarbons and energy transition markets, with three dedicated segments covering innovative services, technology and engineering, and manufacturing. For further information on KCA Deutag please visit kcadeutag.com
About Turboden:
Turboden S.p.A., Mitsubishi Heavy Industries froup company, is an Italian firm and a global leader in the design, manufacture, and maintenance of Organic Rankine Cycle (ORC) systems, highly suitable for distributed generation, that generate electric and thermal power exploiting multiple sources, such as renewables (biomass and geothermal energy), traditional fuels, and waste heat from industrial processes, waste incinerators, engines, or gas turbines. Today Turboden expands its technological solutions with gas expanders and large heat pumps to play a broader role in the decarbonisation of the district heating sector and of energy-intensive industrial processes. turboden.com
Alberta
Premier Danielle Smith In Washington for Trump Inauguration Promoting a New Era of Partnership with the U.S.
Premier Smith at dinner with Florida Republican Senator Rick Scott. Facebook
Premier Danielle Smith will travel to Washington, D.C. to solidify Alberta as the answer to North American energy, food and data security during the week of President-elect Trump’s inauguration.
While in the U.S. capital from Jan. 18 to 23, Premier Smith will meet with key decision makers, governors, members of Congress and private sector leaders. Alberta’s on-the-ground presence will help build relationships and start critical conversations that will lay the groundwork for collaboration with the new U.S. administration and reap benefits for Albertans, Canadians and Americans.
Premier Smith will champion Alberta as the largest exporter of oil and gas to the U.S. and highlight the unprecedented opportunity that lies ahead for Alberta to work collaboratively with the new administration to develop secure supply chains and strengthen energy security for the U.S. and Canada. Alberta’s approximately USD $100 billion in energy exports to the U.S. are upgraded into USD $300 billion in value-added products by American workers at refineries in Ohio, Indiana, Michigan and other states, and then sold by American companies all over the world.
“Given the serious threats of tariffs, it is imperative that we do everything we can to engage directly with the incoming administration, members of Congress and key officials to emphasize Alberta’s critical role in North American energy security and economic prosperity. In all my meetings and events in Washington, D.C. I will work to ensure Alberta is recognized as a partner of choice for establishing North American energy security, to reinforce our century-long friendship and to further solidify our trade relationship that greatly benefits both Americans and Canadians.”
This visit will build on the Premier’s previous discussions with the President-elect, key members of his cabinet and other elected officials. With the ongoing threat of tariffs on all Canadian products, including those from Alberta’s leading industries, meeting with officials face-to-face is crucial. This work is a continuation of the efforts that were discussed by all Premiers to do all they could to build bridges with the U.S.
Conversations will also focus on highlighting the deep economic ties that underpin our economies and how they contribute to creating jobs and prosperity on both sides of the border in industries like energy, agriculture, forestry, manufacturing and technology.
Premier Smith will travel with five staff members. Mission expenses will be posted on the travel and expense disclosure page.
Quick facts
- The U.S. is Alberta’s largest trading partner and Alberta is the second-largest provincial exporter to the U.S.
- In 2023, Alberta’s exports to the U.S. totalled USD $115.58 billion, accounting for about 90 per cent of total provincial exports in 2023.
- Energy products accounted for about USD $94.4 billion, or 82 per cent, of the province’s exports to the U.S.
- Other important export sectors included plastics, forestry, meat and machinery.
- Alberta’s government has also launched the Alberta is the Answer campaign, a targeted advertisement campaign focused on reaching key decision makers in the U.S. and amplifying Alberta’s message on the energy partnership it has with the U.S. and how this partnership can grow.
Itinerary for Premier Smith*
| Jan. 18 |
|
| Jan. 19 |
|
| Jan. 20 |
|
| Jan. 21 |
|
| Jan. 22 |
|
| Jan. 23 |
|
Why Alberta?
Alberta is one of the most reliable and secure energy partners for the U.S.
Alberta and the U.S. share the same values – and a border. Alberta is the friendly, freedom-loving democracy right next door.
Alberta has the fourth largest oil reserves on earth, and significant natural gas resources. Alberta already accounts for 56% of all oil imports to the U.S. – twice as much as Mexico, Saudi Arabia and Iraq combined – which is helping to drive job creation and prosperity on both sides of the border. The U.S. must import crude oil in order to refine it and produce light oil, which they export around the world, and Alberta believes that we are a far better trading partner than Iran, Iraq, or Venezuela.
Alberta is also the largest producer of natural gas in Canada and remains positioned to support the U.S. in filling their domestic supply gaps, currently accounting for nearly 60% of U.S. total annual natural gas imports. The reliability and security of those imports cannot be understated.
Furthermore, Alberta has a stronger environmental record, stronger democratic institutions and stronger human rights standards than other energy producers.
This is a win-win relationship. Alberta’s approximately U.S. $100 billion in energy exports to the U.S. is upgraded into U.S. $300 billion in value-added products by American workers at refineries in Ohio, Indiana, Michigan, and other states, and then sold by American companies all over the world.
More than 450,000 kilometres of pipelines already link Canada and the U.S. – enough to circle the Earth 11 times. The province also has ambitions to double its oil production by 2050, and increase its pipeline capacity significantly. Enabling Alberta to export even more crude oil to the U.S. This will help the U.S. achieve global energy dominance and increase energy affordability for Americans.
Alberta is a global leader in responsible oil and gas production
Alberta is the top foreign supplier of energy products to the United States. Alberta has been a global leader in responsible energy production for decades, leveraging cutting-edge technologies that allow the province to continue increasing production while protecting our air, water, and land for generations to come.
Alberta is unapologetic in its goal to increase oil and gas production to meet the world’s basic needs and maintain the quality of life we all enjoy in North America. The province is doing so responsibly and will continue to lead the way with new technologies that support this ambition.
Reliable Alberta energy will fuel the technologies of the future
As the world becomes increasingly electrified, the need for reliable energy is growing and Alberta has the resources to meet that demand.
The province is home to world-class energy industry leaders with the expertise developers are looking for to find innovative solutions to meet their energy needs. Coupled with Alberta’s competitive power market structure, natural incentives for cost-savings and a government committed to reducing red tape, Alberta is a premier destination for AI data centres.
Alberta’s AI data centre strategy arose from a pressing need for AI data centres in North America – a need that is in fact global. With the rapid growth of AI and machine learning, global demand for data centre capacity is expected to triple by 2031.
Alberta is a trusted and safe partner of the U.S. that has the capacity and resources to support these data centres and ensure that U.S. companies remain on the forefront of AI technology and that the U.S. maintains its technology dominance.
Offenders and accused who pose a public safety risk may now be subject to 24-7 court-ordered electronic monitoring by Alberta Correctional Services as part of their community supervision conditions
Alberta’s government is taking action to combat rising crime and restore safety by launching an electronic monitoring program as part of its Safe Street Action Plan.
Alberta’s government is keeping a promise and implementing a new ankle bracelet monitoring program in response to the country’s problematic bail system. The ongoing catch-and-release policy brought in by Ottawa forced Alberta’s government to take additional action to protect families and communities.
Starting Jan. 15, the new provincial ankle bracelet electronic monitoring program to help hold high-risk and repeat offenders accountable will officially launch. Through this program, offenders and accused who pose a public safety risk may now be subject to 24-7 court-ordered electronic monitoring by Alberta Correctional Services as part of their community supervision conditions.
“Ottawa’s Bill C-75 has broken the bail system. We are taking an important step toward combating rising crime. High-risk offenders pose a significant risk to public safety and require enhanced supervision in the community. As government, it’s our duty to protect Albertans and their communities. Ankle bracelet electronic monitoring is another tool in the toolbox for courts to consider when determining sentencing or bail conditions, helping us combat rising crime and create safer Alberta communities.”
Announced alongside other measures to enhance community safety in last spring’s Public Safety Statutes Amendments Act, 2024, individuals under a court-ordered electronic monitoring condition will be required to wear a Global Positioning System (GPS) tracking device monitored by a new unit within Alberta Correctional Services, ensuring compliance and consistent oversight of high-risk offenders on bail and community release throughout the province.
Ankle bracelet electronic monitoring will protect Albertans and communities by helping to secure offender-restricted areas, such as victims’ residences, places of employment or any other area deemed off-limits as part of an individual’s bail or community-release conditions. Probation officers within Alberta Correctional Services continue to supervise individuals under provincial community-based court conditions and bail supervision. Previously, this supervision primarily occurred during regular business hours and did not involve the use of GPS electronic monitoring ankle bracelets. Anyone under court-ordered electronic monitoring conditions will be informed of the program requirements, including the tracking of their location.
“Alberta’s government continues to call for federal bail and sentencing reform to stop violent criminals from re-entering our communities. We remain committed to prioritizing the safety of Albertans through measures like the use of ankle monitors, strengthening the Crown Prosecution Service, the courts and policing to protect Albertans from violent criminals.”
Following extensive stakeholder engagements and an open technology vendor procurement process, the launch of the provincial electronic monitoring program enhances community supervision with around-the-clock monitoring and adds to the various methods and community supports already used by probation officers, including regular reporting, referrals to community programs and ongoing engagement with policing partners. Additionally, this program aligns Alberta with programs in other provinces across Canada.
Quick facts
- The new program will supervise individuals whose conditions include court-ordered electronic monitoring.
- Alberta’s electronic monitoring program is supported by $2.8 million to cover implementation costs for the 2024-25 fiscal year.
- In August 2024, the government selected SCRAM Systems as the technology vendor for the ankle bracelet electronic monitoring program through an open procurement process.
- The estimated end date for the electronic monitoring vendor contract is March 31, 2029.
Related information
Nanaimo syringe stabbing reignites calls for involuntary care
Mark Carney would be bad for Canada
ESG Is Collapsing And Net Zero Is Going With It
50,000 Students Missing: Trudeau’s Immigration Circus Hits New Low
-
Addictions5 hours ago
Nanaimo syringe stabbing reignites calls for involuntary care
-
Dan McTeague19 hours ago
Mark Carney would be bad for Canada
-
Business21 hours ago
ESG Is Collapsing And Net Zero Is Going With It
-
Censorship Industrial Complex20 hours agoMark Zuckerberg Tells Joe Rogan That Biden Admin Would ‘Scream’ And ‘Curse’ At Meta Employees To Censor ‘True’ Content
-
Business6 hours agoFDA bans commonly used food dye
-
Alberta7 hours ago
Electronic monitoring of repeat offenders begins
-
Brownstone Institute2 days agoIt’s Time to Retire ‘Misinformation’
-
Artificial Intelligence1 day agoDeath of an Open A.I. Whistleblower