GeoGen Technologies Inc.

Purpose

Firm proposes a 24-month field demonstration of a novel closed-loop geothermal system in an inactive oil and gas well in Alberta, designed to deliver firm, low-emissions renewable heat and a small amount of on-site power without produced fluids or induced seismicity. The project integrates a CO₂ thermosiphon, downhole power generation, and surface heat exchange to validate system performance and advance the technology from TRL 6 to TRL 8. In parallel, Firm will develop an AI-enabled digital twin to support system design, operational optimization, and replication. The primary value of the project is to generate independently validated, lender-grade performance data that reduces first-of-kind risk, enabling future commercial deployment of scalable geothermal heat solutions aligned with clean-energy and industrial decarbonization objectives.