Grants and Contributions:
Title:
Youth - Geothermal Technology Development Project
Agreement Number:
1018797
Agreement Value:
$30,000.00
Agreement Date:
Jun 1, 2024 - Nov 30, 2024
Description:
FutEra aims to harness geothermal heat from existing/abandoned oil and gas wells to generate renewable and zero emissions electricity using next generation geothermal technology. Our pilot project spans three phases: (1) assessing reservoir thermal potential, (2) demonstrate the feasibility of IP technology for electricity generation, and (3) drill an optimized well for better IP technology outcomes. We will validate the economics and feasibility of the IP through wellbore analysis and data-driven assessment. Our request is for a new graduate mechanical engineer or engineer-in-training (EIT) to assist in the wellbore analysis, fluid dynamics simulation, and data collection to advance our innovative geothermal technology.
Organization:
National Research Council Canada
Expected Results:
The purpose of IRAP’s Youth Employment Program is to assist in increasing the supply of highly qualified people, promoting the benefits of advanced studies, demonstrating federal leadership by investing in the skills required to meet the needs of the knowledge economy and facilitating the transition of highly skilled young people to a rapidly changing labour market.
Location:
Calgary, Alberta, CA T2P 3L5
Reference Number:
172-2024-2025-Q1-1018797
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
721426880
Recipient Type:
For-profit organization
Recipient's Legal Name:
FutEra Power Corp
Federal Riding Name:
Calgary Centre
Federal Riding Number:
48004
Program:
Industrial Research Assistance Program – Youth Employment Program
Program Purpose:
The purpose of IRAP’s Youth Employment Program is to assist in increasing the supply of highly qualified people, promoting the benefits of advanced studies, demonstrating federal leadership by investing in the skills required to meet the needs of the knowledge economy and facilitating the transition of highly skilled young people to a rapidly changing labour market.
Coverage:
IRAP Youth Employment Program projects stimulate wealth creation for Canada through technological innovation.
NAICS Code:
22111