Eavor’s closed-loop geothermal system works kind of like a radiator, the company’s president said. (Eavor Technologies Inc.) A $10-million geothermal project under construction in central Alberta is being hailed as a "game-changer" because it doesn’t need to use fracking or water and creates no greenhouse gas emissions. Alberta Infrastructure Minister Prasad Panda called the pilot project a "game-changer" after visiting its site near Rocky Mountain House on Wednesday. The project — which has been dubbed the Eavor-Loop — is the first of its kind, said John Redfern, president and CEO of Calgary-based Eavor Technologies. Geothermal energy is a form of renewable energy that comes from heat stored in the earth. The closed-loop geothermal project works kind of like a radiator, Redfern said. "It’s using a lot of traditional building blocks but rearranging them in unusual fashion," said Redfern. "For example, we’re doing a lot of the stuff opposite what you usually do. You know, usually when you’re drilling a well you’re trying to avoid hitting another well. In our case, we’re trying to intersect with another well…. We’re starting a few kilometres apart, drilling down a few kilometres, then turning right and drilling toward each other and connecting one […]
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