Ann: Kalina Secures Site Control, page-110

https://www.latimes.com/environment/story/2020-01-22/california-needs-clean-energy-after-sundown-geothermal-could-be-the-answer

Can you believe the largest of these geothermal plants in California which went to Controlled Thermal Resources at a cost of $627M for a 40MW plant

Far out. Compare that with our 30MW combined cycle plants for $70M CAD. Pretty lucrative space to play. Fair enough we have input costs for gas although they are bugger all in Alberta.

Once the lads bed down the model in Alberta and they have a bit of time of their hands, might be time to design a similar set up for geothermal. Fascinating stuff with the key that zero emission baseload energy is going to be required to hit California's regulatory targets. And there aren't that many options unless battery storage takes a phenomenal leap forwards. So geothermal which plays perfectly into our space offers a great pipeline beyond Alberta.