The pilot project will help determine the cost of production going forward. Costs of material, labour, and operations will be closely monitored to determine the commercial viability of borehole heat exchangers.
Provincial and Federal regulatory agencies will be invited to witness the pilot project, to help find a place for geothermal operations in their regulatory structure.
After the pilot test, Algar Geothermal can approach users of the heat energy with quantified heat values to determine the energy savings and carbon credit potential for their business.
The results of the pilot project will allow us to determine the best way to market our solution. We have several viable options to explore.