The search for viable long-term alternative energy sources is well underway, but a true breakthrough may have just come from an interesting place.
Hamilton is medium-sized city in Ontario, Canada, situated on the water. Because of its exposure, it is prone to having to weather some drastic temperatures throughout the seasons and especially in winter. That is part of what has driven a new company, Capture Technologies Corp., to search for viable heating and cooling methods outside of traditional fossil fuel consumption.
CTC is notable for a few reasons. First, its CEO is only 24-years-old. Perhaps his youth and vision account for the second notable fact: the company may have just solved the home heating and cooling puzzle by simply expanding on existing technology.
For many years, companies have been using geothermal energy to move away from fossil fuel temperature regulation but have consistently run into the same problem. As geothermal wells age, they become less productive. CTC’s leader, Jake Windsor, believes his company has solved that problem by blending geothermal energy with solar power.
In essence, CTC’s breakthrough came when they started using photovoltaic systems to reheat the air drawn from the earth. To prove the efficacy of the new setup, CTC dug a 200-metre bore hole and has been using that solar setup to warm the air drawn from the earth’s core before moving it into a school building. So far, it’s worked like a charm.
If the success continues, it might not be long before many other businesses are copying CTC’s design. The blend of geothermal and solar power means drastically lower costs for businesses, even as they reduce their fossil fuel consumption. In a market that is increasingly focused on alternative energy usage and implementation, such an effective arrangement may prove to be a real attractant for investors and consumers alike.