Pioneering conventional geothermal power generation in Alberta, Terrapin is looking to take advantage of the untapped geothermal capacity in northern Alberta to create a baseload and renewable zero carbon energy source. Terrapin is currently working on their Alberta No 1 project to drill down 4km to access a geothermal heat resource to run a large-scale electrical generating facility along with a district heating supply network.
The second line of Terrapin’s business is taking advantage of recovering waste heat from industrial processes and generating electricity to reduce their electrical grid consumption or generate revenue with the sale of the power generated. With an estimated 60% of the energy we create as a society lost as a waste heat, there is a massive opportunity for zero carbon power generation.