GLJ’s dedicated in-house geothermal team works with our clients to support the implementation and evaluation of geothermal resources for heat and power applications. We provide independent 3rd party evaluations for geothermal assets which can be used for public disclosure, fair market value assessment, asset transactions, financial reporting, investment decisions and legal proceedings. GLJ applies globally recognized geothermal classification systems to estimate reserves and resources.

Main reporting codes:

  • United Nations Framework Classification (UNFC) for Geothermal Resources (2016)
  • CanGEA Canadian Geothermal Code for Public Reporting
  • Australian Geothermal Energy Association (AGEA) – The Geothermal Reporting Code

NI51-101 Reporting is applicable if Geothermal is related to Oil and Gas