Geothermal makes up just a tiny fraction of Nova Scotia's energy supply right now, and it's unlikely to increase substantially by 2030, when the province aims to meet 80 per cent of the province's ...

The company is building an exploration well this year and plans to begin drilling production wells (those that can eventually ...

The good news is that for a utility, geothermal’s 10-year or 12-year payback time — or period in which the energy cost savings pay for the system — is very attractive, according to Magavi.