QEC is seeking federal funding for geothermal studies in Nunavut, Canada
Qulliq Energy Corporation (QEC) will seek funding from the federal government in Ottawa/ Canada to help it better understand geothermal resources in the territories.
Recent news from Nunavut, the newest, largest, and northernmost territory of Canada, report that the territorial energy company, Qulliq Energy Corporation (QEC) will seek funding from the federal government in Ottawa to help it better understand geothermal resources in the territories.
There is a lack of drilling data, which in turn makes the potential for the utilisation of geothermal energy seem to appear low.
These are the key points mentioned by a recently published feasibility study for Qulliq Energy Corp. prepared by RESPEC Consulting of Saskatoon, Tuya Terra Geo Corp. of Burnaby, B.C. and Qikiqtaaluk Business Development Corporation. We reported on the report.
The report identifies a few areas of “potentially moderate development potential.” Certainty about possible resources requires though drilling.
“Any geothermal development would need to occur at or near the isolated communities as there is no infrastructure to support energy transfer and resource temperatures will not support large scale power production,” so the report reads.
QEC is generally encouraged by the finding of the report and is seeking federal funding to move forward on further geothermal studies in Nunavut.
More details via the link below.
Source: Nunavut News