Investments for cleantech in Alberta to reduce emissions

[post-views]

The Alberta government is investing $55 million to help businesses develop technologies that create jobs, lower costs and reduce emissions through the industry-funded TIER program to help industries, big and small, test and implement the technologies.

Delivered through Emissions Reduction Alberta, this funding will help 15 projects develop cutting-edge technologies that could one day be used across Canada and around the world.

“When it comes to innovation, Alberta’s track record is second to none. This funding will help empower our industry and businesses to develop the new technologies that are in demand around the world,” said Rebecca Schulz, Minister of Environment and Protected Areas. “This funding is a win-win: creating jobs, reducing emissions, and strengthening our economy for the benefit of all Albertans.”

This funding will support projects across the economy, including the energy, newsprint, cement, water treatment, dairy and forestry sectors. In total, $46 million will go to 12 projects through Emissions Reduction Alberta’s Industrial Transformation Challenge, with an additional $8.7 million invested in three projects approved through the Partnership Intake Program.

“By investing in these technologies today, we are helping to maintain Alberta as a global leader in industrial innovation and paving the way for a more sustainable and competitive future across our industries,” said Heather Stephens, chief operating officer of Emissions Reduction Alberta.

Funding ranges from $500,000 to $10 million for each project, including:

  • $10 million to help Alberta Newsprint Company make best-in-class energy efficiency upgrades that will reduce costs and improve the mill’s competitiveness.
  • $7.45 million to help the City of Calgary install a first-in-Alberta and second-in-Canada technology to use thermal energy at the Fish Creek wastewater treatment plant.
  • $4 million to help Lafarge Canada explore using calcined clay in cement products, lowering the overall emission intensity of cement while maintaining strength.
  • $3.7 million to help Flash Forest Inc. advance a proof-of-concept that uses drones, AI-based site selection software and ecological science to speed up and improve tree planting and reforestation.
  • $2 million to help Merlin Plastics develop a commercial-scale operation that will divert hard-to-recycle plastics from landfills or incineration.
  • $700,000 to help TS-Nano Canada test a new product that will more effectively seal oil and gas wells, reducing potential methane leaks and reducing operational costs.
See also  ONEIA's Environment Industry Day focuses on building smarter and faster

A full list of funding and project details can be found at https://www.eralberta.ca.

“With support from the Government of Alberta and Emissions Reduction Alberta, Alberta Newsprint Company will adopt state-of-the-art technologies that significantly reduce its carbon footprint, demonstrating Alberta’s leadership in sustainable manufacturing,” said Ron Stern, president and chief executive officer of Alberta Newsprint Company.

Quick facts

  • These projects are estimated to reduce 119,000 tonnes of emissions each year, 394,000 tonnes of emissions by 2030, and more than 2.2 million tonnes of emissions by 2050.
  • These projects are estimated to create almost 1,600 jobs and inject $237 million into Alberta’s GDP by 2027.
  • Emissions Reduction Alberta’s Partnership Intake Program acts as a catalyst to de-risk and deploy novel technology solutions by giving applicants the opportunity to leverage funding from both Emissions Reduction Alberta and trusted partner organizations.
  • Industrial Transformation Challenge applicants and their technologies can originate from anywhere in the world, but projects must be piloted, demonstrated or deployed in Alberta and show significant emissions reduction and economic benefits within the province.
  • Successful applicants are eligible for up to $10 million per project, with a minimum request of $500,000. Funding received through the Industrial Transformation Challenge will match private contributions on a one-to-one basis.

For further information, visit:

 

Featured image credit: Unsplash

Leave a Reply

Your email address will not be published. Required fields are marked *