Government of Alberta invests to help the province’s industrial sector reduce emissions
November 14, 2022 | By MRO staff
The Government of Alberta is committing up to $50 million through Emissions Reduction Alberta (ERA) for the Industrial Transformation Challenge. Funds are sourced from the Technology Innovation and Emissions Reduction (TIER) fund.
The investment will advance technology opportunities with economic and environmental benefits across Alberta’s industrial sector. The Industrial Transformation Challenge is focused on technology opportunities that will achieving net-zero emissions and securing the competitiveness of existing and new industries.
“Significant investment is needed for game-changing technologies that improve the environmental and economic performance of Alberta’s industrial facilities,” said Sonya Savage, minister of environment and protected areas. “The Industrial Transformation Challenge is the latest TIER-funded program that will help accelerate the development and commercialization of promising clean technologies that set our job creators up for success in a lower-emissions future. We look forward to seeing what projects come out of this exciting call.”
Alberta’s industries account for approximately two-thirds of the province’s greenhouse gas emissions. The Industrial Transformation Challenge is focused on technology solutions that are currently not in widespread commercial use and will need significant investment, testing, and scale-up.
The challenge is exploring innovations such as low-to-zero carbon heat, industrial process improvements, electrification, methane reductions, and new product lines including sustainable mineral and metal extraction and hydrocarbons beyond combustion. While technology solutions can originate from anywhere globally, they must be piloted, demonstrated, or deployed in Alberta.
Successful applicants are eligible for up to $10 million per project with a minimum request of $250,000. The maximum ERA contribution to a single project will be no more than 50 per cent of the project’s eligible expenses. The application deadline is January 19, 2023.