Community Benefits of Algar Geothermal’s technology
Algar Geothermal’s technology provides the opportunity to reduce food insecurity in urban areas, and especially in Northern Rural Communities. Food insecurity has severe consequences on health and well‑being; it has been linked to malnutrition, infections, chronic diseases, obesity, distress, social exclusion, depression and suicidal ideation. Imagine living in a northern community that is isolated from the food supply chain that most of us take for granted. Food is flown in, resulting in high prices, limited quantities, and limited product selection. With the benefits of Algar Geothermal’s technology, a circular economy has potential, giving increased employment opportunities in horticulture, trained skills required to operate the facility, control of the goods produced, as the community provisions food the community actually wants.
Benefits of Algar Geothermal’s technology for business sectors
| Sector | Project type | Market potential |
|---|---|---|
| District heating, land and housing developers | New community development, and new community centers. | 163 new projects a year, with a population growth rate of 4% |
| Food production | Space heating for greenhouses, barns, and fish farms | 230 new greenhouses being installed / year and growing at 11.6% |
| Indigenous Communities | Provide an independently operated, community based food supply | There are 138 communities in Alberta alone |
| Oil and Gas | A progressive oil and gas company may convert some out of service wells to geothermal | Over 3000 candidate wells are available in Alberta |
This all sounds great – is it feasible?
The study Heating demand and economic feasibility analysis for year-round vegetable production in Canadian Prairies greenhouses by Md Shamim Ahamed a, Huiqing Guo b,*, Lisa Taylor c, Karen Tanino c, shows that a greenhouse operation in a northern community could be profitable and provide good job opportunities.
Other advantages are:
1. A guaranteed local market for goods sold
2. A community based labour force
3. A small community based business doesn’t need a huge marketing spend
4. Reduces socio-economic inequities between remote communities and the rest of Canada,
5. Connecting members of a community together. For example, in an indigenous community, elders and youth could participate in meaningful activities together.
Contact Algar Geothermal to get involved!
Investors – join the movement that will bring inexpensive geothermal heat to those that need it the most.
Technical partners – add Algar Geothermal to your portfolio of services (Engineering firms, Drilling companies, Well service companies, geothermal companies, housing co-ops)
Industry Clients that need our technology to lower costs and greenhouse gas emissions – Farmers and Greenhouse operators, home developers for district heating applications, municipalities, northern communities, First Nations communities
Partners for a test site. Turn a research project into a low cost source of eternally available heat for your facility.
Funding – it’s just $2.25mm CDN ($1.67 mm US, 1.5 mm Euro) for a pilot test. We have a detailed project plan to support our cost estimate, that covers everything from FEED to commissioning.
Use the QR code below to reach us or click on this link to learn more.
