• About
    • Which Energy Mix is this?
  • Climate News Network Archive
  • Contact
The climate news that makes a difference.
No Result
View All Result
The Energy Mix
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
SUBSCRIBE
DONATE
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
SUBSCRIBE
DONATE
No Result
View All Result
The Energy Mix
No Result
View All Result
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
  FEATURED
13 Canadian Fossils Linked to Massive Losses in Western Wildfires May 27, 2023
‘Remarkable Rebuke’: 130 U.S, EU Legislators Ask UN to Ditch Fossil CEO as COP 28 Chair May 23, 2023
Ontario Overrules Cities to Push Gas Plant Expansions May 23, 2023
Climate Concerns Drive Job Choices for 40% of Workers Under 40 May 23, 2023
PEROVSKITES: Qcells Plans First Production Line for ‘Miracle’ Solar Cell May 23, 2023
Next
Prev

New Alliance Looks to Geothermal to Get Alberta Oil Rigs Back in Use

May 3, 2020
Reading time: 4 minutes

Rjglewis/Wikimedia Commons

Rjglewis/Wikimedia Commons

70
SHARES
 

In what the Globe and Mail calls “a rare united front between environment and energy,” Alberta’s shattered oil drillers are looking to the emerging geothermal industry as a place to get idled rigs back in production and begin a shift to post-carbon energy.

“As the federal government works on post-pandemic economic stimulus plans, industry groups, geothermal, and oil drilling companies have created an alliance with Clean Energy Canada to promote development of the renewable technology in Canada,” the Globe reports. “The group hopes to highlight the sector as one ripe for incentives and investment, which can create jobs for displaced oilfield service workers.”

  • Be among the first to read The Energy Mix Weekender
  • A brand new weekly digest containing exclusive and essential climate stories from around the world.
  • The Weekender:The climate news you need.
Subscribe

The alliance brings the geothermal industry, which generates electricity from hot water and steam extracted from several kilometres beneath the Earth’s surface, into a conversation with “the contractors who do the actual drilling, fracking, and other jobs for oil companies that call the shots,” the paper adds. “They are the first to feel the pinch when capital is cut. They came into the pandemic-induced energy crisis still hurting from the oil price plunge of 2014 and the resulting recession, which put demand for their services at historic lows.”

Alliance member Kevin Krausert, president and CEO of Alberta-based Beaver Drilling Ltd., said he expects the current slump in oil and gas drilling in Canada to last 18 months—but a new line of business in geothermal can get people back to work. “It pivots the whole tired narrative of energy versus the environment,” he told the Globe. “This is a clear example of oil and gas and environment building a new energy future for Canada where oil and gas is a part of the solution.”

So “we’re partnering with groups we haven’t partnered with in the past, because we all share the same goal.”

In a widely-circulated opinion piece last month, Krausert pointed to geothermal and hydrogen as two emerging opportunities for the fossil industry in a low-carbon world.

“The pandemic has merely accelerated the disruption that was already occurring in Canada’s oil and gas sector,” he wrote. “With climate change becoming a significant issue, we’ve long needed a new vision and a plan for the future of energy in Canada—one in which oil and gas are part of the solution, rather than part of the problem.”

While “there is skepticism that the oil and gas industry can change and adapt,” Krausert added, “I know that it can be done. After all, we’ve done it in my own company.” Two years ago, working with the University of Calgary’s Haskayne School of Business, “we placed 16 roughnecks in a two-year training program designed to build and foster the skill sets needed to build new business models that would allow us to adapt to a changing and decarbonizing energy industry. The key was that we put the workers in charge of the change.”

The workers were nervous at first, he recalled. But “moments after they started, something remarkable happened. They realized that with the courage to try something different and believe in themselves, they could find new business opportunities, implement new technology, and become the front-line super-soldiers of a new energy future.” In the next stage of Canada’s economic response to the pandemic, he added, “we need to pivot Canada’s energy sector and provide a stable future for thousands of oil service employees and their families. And these workers are an integral part of leading that change.”

In late March, the province’s Energy Futures Lab published a similar think piece that listed five future opportunities for the Alberta fossil industry: hydrogen, geothermal, lithium, artificial intelligence, and “bitumen beyond combustion” options that use tar sands/oil sands output for products like asphalt, carbon fibre, or vanadium to be used in batteries.

“Albertans understand what it means to chase a shared economic goal, and they’ve been very successful in doing that over the last few decades,” wrote Managing Director Alison Cretney and Lead Animator Chad Park. “Now, it’s time to chase a new one: a future in which the term ‘energy’ encompasses a wider range of possibilities, where we use our past strengths on new opportunities, and where these new opportunities aren’t impeded by old blind spots. It’s a future defined by economies of support, where one opportunity begets and actually advances another. That’s why these aren’t five separate tracks, but rather interconnected pathways of opportunity and possibility.”

John Redfern, president and CEO of Eavor Technologies Inc., a Calgary-based geothermal company, told the Globe his industry has long been “the mouse between two elephants”, a reference to the fossil industry and the environmental community. He sees the new alliance as a triple-win for the environment, the economy, and jobs.

“At the end of the day, the oil and gas service contractors and people in the green movement realized that this is a great win-win-win,” he said. “This is a case where you can have your cake and eat it too.”

Mark Scholz, president and CEO of the Canadian Association of Oilwell Drilling Contractors, said he supported the initiative, while warning that he’s still pursuing financial relief from Ottawa.

“During these times, where there’s not a lot of opportunities for a drilling rig contractor in this market—particularly when you have negative pricing—if we can somehow create this new market, it’s going to certainly benefit drilling contractors down the road and also in this economy,” he said. “At the end of the day, our objective is we want to put more rigs to work, full stop. We want to get our people in the field, and we want to use their equipment. If this creates an opportunity, we’ll take it.”

Yale Environment 360 has a detailed look at job and retraining opportunities in the renewable energy industries in Alberta.



in Canada, Community Climate Finance, Ending Emissions, Geothermal, Jobs & Training, Oil & Gas, Sub-National Governments

The latest climate news and analysis, direct to your inbox

Subscribe

Related Posts

Martin Davis/Facebook
Carbon Levels & Measurement

13 Canadian Fossils Linked to Massive Losses in Western Wildfires

May 28, 2023
267
FMSC/Flickr
Finance & Investment

Waive Debt to Unlock Urgently Needed Adaptation Funds, Researchers Urge

May 27, 2023
22
Arctic Circle/flickr
COP Conferences

‘Remarkable Rebuke’: 130 U.S, EU Legislators Ask UN to Ditch Fossil CEO as COP 28 Chair

May 23, 2023
395

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Trending Stories

Martin Davis/Facebook

13 Canadian Fossils Linked to Massive Losses in Western Wildfires

May 28, 2023
267
pixabay

Anti-Mob Laws to Prosecute Fossils, Kudos for Calgary, 113M Climate Refugees, Orcas Fight Back, and a Climate Dictionary

May 24, 2023
130
Inspiration 4 Photos/flickr

Cooling Upper Atmosphere Has Scientists ‘Very Worried’

May 23, 2023
267
François GOGLINS/wikimedia commons

Corrosion Problem Shutters Half of France’s Nuclear Reactors

August 2, 2022
3.7k
University of Oxford Press Office/flickr

PEROVSKITES: Qcells Plans First Production Line for ‘Miracle’ Solar Cell

May 23, 2023
429
Arctic Circle/flickr

‘Remarkable Rebuke’: 130 U.S, EU Legislators Ask UN to Ditch Fossil CEO as COP 28 Chair

May 23, 2023
395

Recent Posts

FMSC/Flickr

Waive Debt to Unlock Urgently Needed Adaptation Funds, Researchers Urge

May 27, 2023
22
Jon Sullivan/flickr

Ontario Overrules Cities to Push Gas Plant Expansions

May 23, 2023
869
Andrés Nieto Porras/wikimedia commons

‘Carbon Neutral’, ‘Net-Zero’ Claims Face Global Greenwash Crackdown

May 23, 2023
208
Activités culturelles UdeM/Flickr

Climate Concerns Drive Job Choices for 40% of Workers Under 40

May 23, 2023
160
peellden/Wikimedia Commons

Scientists Sound Alarm on Methane Emissions, Habitat Hazards at U.S. Hydro Dams

May 23, 2023
154
nakashi/flickr

Tokyo Residents Rally to Protect Trees, Stop Skyscrapers in Iconic Urban Park

May 21, 2023
483
Next Post
Sharon Loxton/Geograph

Fossils Expect Permanent Losses, Renewables Keep Growing as Pandemic Crashes Global Energy Demand

The Energy Mix - The climate news you need

Copyright 2023 © Energy Mix Productions Inc. All rights reserved.

  • About
  • Contact
  • Privacy Policy and Copyright
  • Cookie Policy

Proudly partnering with…

scf_withtagline
No Result
View All Result
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities

Copyright 2022 © Smarter Shift Inc. and Energy Mix Productions Inc. All rights reserved.

Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}