Clearing a path for geothermal resource development

Overview

Bill 36: the Geothermal Resource Development Act, builds on Alberta’s strong record of responsible resource development by creating a dedicated regulatory framework to encourage investment, help diversify the economy and create jobs.

Bill 36 establishes a legislative foundation for a robust and effective regulatory framework to enable further development of the resource.

Geothermal energy is the natural heat that originates from the Earth. It can be used for heating and cooling or to generate clean electricity. Alberta is well suited to support this industry because of our geothermal resources, opportunities for co-production with oil and gas, opportunity to repurpose inactive oil and gas wells, and leadership in drilling technology.

Key changes

Bill 36: the Geothermal Resource Development Act:

• outlines rules and processes for industry to ensure geothermal resources are developed responsibly and in the best interests of Albertans
• establishes the legislative authority for land use and liability management
• protects landowners and mineral rights owners
• establishes government’s authority to receive revenues, such as royalties and fees

Next steps

Bill 36 received royal assent on December 9, 2020 and will take effect upon proclamation.

We will work with industry partners and other stakeholders and groups to help inform geothermal policy development and implementation.

News

• Laying the groundwork for geothermal development (October 20, 2020)
• Setting the stage for clean geothermal development (October 7, 2020)