CALGARY, Sept. 1, 2011 /CNW/ - With now less than two weeks to go until
representatives from the Canadian and international geothermal energy
industry are meeting in Toronto for CanGEA's 4th Annual Conference and Investment Forum, CanGEA is now releasing the
final agenda for the conference.
On the first day of the conference, representatives from the Association
and industry participants will be opening the Toronto Stock Exchange.
"While the geothermal power players listed on the Toronto Stock Exchange
have seen a difficult start into the year, recent project updates on
the progress of development to bring clean geothermal power to the
market are promising signs of a positive outlook for the industry", so
Alexander Richter, Director at CanGEA.
On the first day of the conference development, marketing & media,
drilling and direct use of geothermal energy are key topics. Canadian
and international developers will speak about geothermal development in
Canada, the U.S., South America and Asia. For the first time at a
geothermal energy event, marketing aspects of promoting geothermal
energy and geothermal energy activities will be discussed to evaluate
what the industry can do better to promote geothermal energy and its
potential. Two other sessions will then look at geothermal drilling and
the direct use potential for geothermal are
A recent report by the Geological Survey of Canada and a team of leading
scientists in the field of geothermal energy highlights the "enormous
geothermal energy resources that could supply Canada with a renewable
and clean source of power". So we are proud to have the Geological
Survey of Canada represented speaking about the report and the
potential for geothermal in Canada on day two. Other topics are then
geothermal research activities and education in Canada, geothermal
policy and power systems options for geothermal projects.
The second half of day two will then be our annual Investment Forum with
presentations on the Canadian Geothermal Reporting Code, geothermal
exploration risk insurance and geothermal financing.
For the conference, we have been able to attract high-level speakers
from Canada, the United States, Iceland, Switzerland, Indonesia and
Argentina to present their companies and activities.
The full agenda of the conference and registration via www.cangeaevents.ca/toronto
Among the high-level conference speakers are executives of the following
companies: Alterra Power Corp., Jacob Securities, Star Energy, Estrella
International Energy Services, Toronto Star, Glacier Securities, Pratt
& Whitney, MunichRE, Borealis GeoPower, CanGEA, Ormat Technologies,
Íslandsbanki, Axpo AG, DEEP Earth Energy Production, Technip, Ram
Power, TAS Energy and U.S. Geothermal.
The conference provides a great networking opportunity and also a good
insight in the current situation of geothermal development in Canada
We thank our sponsors Scientific Drilling, Estrella International Energy
Services, Yukon Energy, and DEEP Earth Energy Production, who help us
hold the conference.
We also thank our media partners: CNW group, ThinkGeoEnergy.com, Bloomberg New Energy Finance, Energyknows, North American Clean
Energy, altenergymag.com and LowCarbonEconomy.com
Geothermal Energy in Canada
With the expected resource potential of Canada - as confirmed by the
Geological Survey of Canada - electricity generated by geothermal
energy could replace approximately 10 nuclear power plants and provide
up to 10% of Canada's current total electricity generation. It could
provide more than 9,000 permanent jobs and approximately 30,000
temporary jobs in manufacturing and construction.
The industry represents a $25 billion market opportunity for companies
willing to participate in the growth of the industry, despite current
development being scarce and small scale.
Canadian developers, technology and service firms are active globally
and represent a strong share of development activities in the U.S., but
also in South America, Europe, Australasia and elsewhere.
Upcoming CanGEA events
CanGEA's 4th Annual Conference and Investment Forum in Toronto, Ontario,
September 14-15, 2011. Details about the event can be found at: www.cangeaevents.ca/toronto
CanGEA's Annual Geothermal Power Forum in Calgary, November 4, 2011.
Details at: www.cangeaevents.ca/calgary
About the Canadian Geothermal Energy Association (CanGEA)
CanGEA is the collective voice of Canada's geothermal energy industry.
As a non-profit industry association, CanGEA represents the interests
of our member companies with the primary goal of unlocking the
country's tremendous geothermal energy potential. Geothermal energy can
provide competitively priced, renewable, round-the-clock energy to the
Canadian and U.S. markets.
SOURCE Canadian Geothermal Energy Association (CanGEA)
For further information:
Alexander Richter, CanGEA Director,
Phone: (011) 354 618 5304