Geothermal opportunity could bring new life to an old mine in New Brunswick
The town of Sussex in New Brunswick has started exploring plans to convert an old Potash mine into a geothermal energy plant. An initial feasibility study done by Amec Foster Wheeler has been completed, but the project is still a few years away from being shovel ready. The plan would involve running an open-loop geothermal system inside the former mine to deliver heat energy to local community. There are a number of businesses interested in this project, including a Avon Valley Greenhouse. The 20-acre site could stand to save 70% on its heating costs if it switches away from wood to geothermal as a heating source. The initial price tag for the system currently stands at $11.3 million, with an anticipated payback period of 7 years.