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Recommendations resources in the NWT. To further advance the development of policy for geothermal development, a number of future research directions may be warranted, including: • Develop a forum for a variety of agencies and organizations to discuss geothermal resource development opportunities in the NWT. This group would bring together representatives from federal, territorial and municipal governments, aboriginal governments, non- government agencies and industry. • Develop a guideline for geothermal resource development in the NWT, with details on how to apply for geothermal rights, details on the application and permitting process, clarity on regulatory decision deadlines, and environmental assessment requirements. • Research the opportunities for fiscal incentives for geothermal energy development at the federal and territorial levels. Geothermal is a form of renewable energy that produces few if any greenhouse gas emissions and can provide a stable, secure supply of energy. In the NWT where the cost of energy is high, geothermal energy projects, even if they are small, may be a real solution to communities’ heat and power needs in the future. Geothermal energy could contribute to energy independence of northern communities by protecting northerners from dramatic fluctuations in petroleum prices. Geothermal energy could also facilitate other spinoff economic opportunities, such as providing energy for alternative uses like food production. Effective government policy, directed by a vision for geothermal energy use in the Territory, can have a large role in the reducing the risk and barriers to geothermal energy development. The Pembina Institute 50 Building a regulatory framework for geothermal development in the NWTPDF Image | geothermal energy development in the NWT
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