Razor Energy Corp. will develop a first-of-its-kind geothermal and natural gas hybrid power project in Alberta. In partnership with FutEra Power, the project will produce 21 megawatts of electricity that will be grid connected. Razor currently operates an enhanced oil recovery operation in Swan Hills, which allows it access to an underground reservoir, bringing hot water to the surface as a co-produced by-product of the upstream oil and gas production operation. This project is also receiving support from Alberta Innovates and Natural Resources Canada (NRCan).
