Governor Polis of Colorado signed a new bill that will allow geothermal energy to become more prominent in the state
Colorado Governor Jared Polis recently signed a new law called SB23-285, also known as the Energy and Carbon Management Regulation. This law will allow expansion of geothermal power production; therefore, play an integral role in helping Colorado achieve its goal to have 100 percent renewable energy by 2040. Originally named the Oil and Gas Conservation Commission, the bill will be known as the Energy and Carbon Management Commission starting July 2023. The purpose is to give the law more regulatory authority, allowing it to oversee a wider range of energy and carbon management areas beyond oil and gas. Section 8 of the bill grants the commission the exclusive authority to regulate deep geothermal operations and explore allocated geothermal resources, including ones deeper than 762 metres. Additionally, it grants the state engineer exclusive authority to manage shallow geothermal operations. The bill also allows the commission to conduct studies, prepare reports summarizing the findings of the studies, and submit the reports to the general assembly.
Eavor’s presence at the Global Energy Show showcases ambitions to drive a revolution for renewable energy
Eavor’s EVP Corporate Affairs and co-founder Jeanine Vany had proactive discussions about the future of renewable energy at the Global Energy Show 2023. The Global Energy Show hosts exhibitions, panelists, conferences, and awards that bring a multitude of companies from across the petroleum and renewable energy sectors. Companies have the opportunity to showcase their technology and share innovative ideas on how to reduce Canada’s carbon footprint. Furthermore, experts were invited to stimulate conversations about how Canada can be a world leader in clean technologies. Organized by Young Women in Energy (YWE)’s Katie Smith-Parent, Vany was joined by panelists Vittoria Bellissimo, Laura Kennett, Vilasini P Pillay, and Nicole Boisvert to discuss renewable energy development in Alberta.
