The mountain village of Valemount, British Columbia, located along the Rocky Mountain trench is eyeing the nearby Canoe Reach hot springs — one of the hottest surface hot springs in Canada — as a source of geothermal heat and renewable electricity generation.
“Valemount used to be a typical northern forest town,” Silvio Gislimberti, head of the Valemount Geothermal Association, told DeSmog Canada. “But now we would like to create a geothermal industrial park.”
An old mill that shut down in 2007 provides a near perfect location for Borealis Geopower, the company working with the community to make something of the region’s geothermal potential.
Craig Dunn, chief geologist with Borealis Geopower, said Valemount is one of the best-known hot spots for geothermal development in all of Canada.
“The resource opportunity is pretty incredible all the way down the Rocky Mountain trench, including opportunities like Radium and Fairmont, which are all a part of the system.”
Valemount has a “competitive advantage” according to Gislimberti.