Recent advancements in geothermal research at Mount Meager and Mount Cayley in British Columbia are generating significant interest in the potential for geothermal electricity generation in Canada. A collaborative effort known as the Garibaldi Geothermal Volcanic Belt Assessment Project has provided one of the most detailed studies of geothermal energy potential in these regions. This project involved Geoscience BC, the Geological Survey of Canada, multiple Canadian universities, and the Lilwat and Squamish Nations.

The research has already attracted new investment, particularly in Meager Creek Development Corporation’s (MCDC) geothermal project, where the company aims to produce hydrogen using geothermal energy. The extensive data collected from Mount Meager has enabled the development and testing of new geothermal exploration techniques, which can be applied not only within Canada but also on an international scale. This research is crucial for reducing risks and enhancing the efficiency of geothermal projects, providing a roadmap for future developments in the field.

For geothermal drillers in Canada, particularly those in British Columbia, this research represents a significant opportunity. The detailed assessments and new techniques developed from this project could lead to an increase in geothermal drilling activities, especially as the demand for renewable energy continues to rise. With geothermal energy offering a stable and consistent power source, the drilling industry stands to benefit from the growing interest in and investment in these sustainable projects across the globe. It may start in Canada but this research will surely be used to determine geothermal viability in the rest of North America likewise. 

As the industry looks forward to these new developments, it’s also important to stay aware of the legislative environment. Projects, research, and development all require funding that comes at the national level not just in Canada but in the states as well. Staying informed and engaged with the ongoing discussions will be crucial for those in the geothermal drilling industry and geothermal sector as a whole.