Eavor named Energy Excellence Champion for its go-anywhere geothermal system
Source: Maurice Smith · JWNENERGY · | May 27, 2020
The second annual Energy Excellence Awards (EEAs) program, presented by the Daily Oil Bulletin, uniquely recognizes energy excellence and focuses on the advancement of collaboration within Canada’s energy industry.
For 2020, the DOB received close to 90 nominations in four broad awards categories — Project Execution Excellence; Innovation & Technology Excellence; Environmental Excellence; and Exporting Excellence — recognizing work completed last year. The nominees were further broken down into 12 subcategories across the four groupings, before being judged by a committee of industry leaders.
In the following days we will present the champions in each subcategory. Today, we feature the champion in Environmental Excellence in the subcategory of Cleantech: Air.
The Champions stories are compiled here, and access all the Finalists stories here.
Champion Announcement Podcast: Listen to our podcast announcing the champion of this category and a panel discussion on what makes organizations and technologies within this category stand out as it relates to lowering emissions, reducing freshwater use, and limiting surface disturbances.
Leading the discussion is Wendy Ell, director of strategic partnerships and industry development for Glacier Resource Innovation Group, which publishes the DOB. Joining her is Brian Van Vliet, with the environmental solutions division of Spartan Controls, Silver Sponsor of the EEAs; Morgan Rodwell, senior director of process technology for Fluor Canada, Gold Sponsor of the EEAs; as well as Jason Switzer, executive director of the Alberta Clean Technology Industry Alliance (ACTia).
As more countries join the fight against the climate crisis with net zero emissions goals for mid-century, the need for low-emissions baseload and dispatchable energy — which cannot be met with intermittent wind and solar power — is mounting.
Eavor Technologies Inc.has heavily leveraged oil and gas industry drilling and completions technology to develop the world’s first entirely closed loop, truly scalable zero emissions baseload power source. By making it accessible anywhere, anytime, the technology fills the intermittency gap left by conventional renewables.
The company’s “Eavor-Loop” geothermal power system would not only help clean the air, but could help kick start a new Canadian geothermal industry, earning the company the Energy Excellence Award in the Cleantech: Air category.
The three-year-old Calgary-based company has joined in a new Geothermal Collaboration Network, along with the Canadian Association of Oilwell Drilling Contractors, Clean Energy Canada, the Clean Resource Innovation Network and the Petroleum Services Association of Canada.
John Redfern, Eavor president and chief executive officer, called the collaboration a triple victory for the environment, the economy and jobs. Under the joint program, Eavor believes Alberta could attract up to $4 billion in foreign investment capital, create 400 megawatts of clean dispatchable power and eliminate two million tonnes of CO2 per year, while eventually employing 5,000 displaced oil service workers.
The company’s Eavor-Loop system is an industrial scale energy generation system that operates much like a massive subsurface radiator, collecting energy from the natural heat gradient of the Earth via a highly efficient and unique conductive system.