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November 18, 2021

Pebble Creek Geothermal Power Project, Canada

By Carmen

Pebble Creek Geothermal Power Project is a 500MW geothermal power project. It is planned in British Columbia, Canada. The project is currently in permitting stage. It will be developed in multiple phases. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Geothermal 500 500 Permitting British Columbia, Canada Tecto Energy

Description

The project is being developed and currently owned by Tecto Energy.

The geothermal plant is of hybrid type. Pebble Creek Geothermal Power Project will run at a temperature of 200 Degree Celsius.

Development Status

The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.

Power Purchase Agreement

The power generated from the Pebble Creek Geothermal Power Project (Pebble Creek Geothermal Power Project Phase I) will be sold to BC Hydro under a power purchase agreement at the rate of $0.13kWh. The offtake capacity is expected to be 15MW.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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