The funding, being delivered by Alberta Innovates, will be given to technologies that help reduce methane emissions and improve industrial energy efficiency. The $50 million in funding over three years is expected to support about 230 jobs. With additional dollars invested from industry, this support will total almost $200 million and create an estimated 910 jobs.
Alberta’s government recently announced up to $750 million for projects across the province through the TIER system and other public funding, supporting almost 9,000 jobs and injecting $1.9 billion into the province’s economy.
“This money will help Alberta become an even stronger competitor in clean energy technologies. These projects will reduce GHG emissions over the near and long term while creating jobs for Albertans. I look forward to seeing the ideas and innovations of our job creators come to life.”
To be eligible for the funding, projects must meet the requirements of TIER and be shovel-ready.
Clean energy technology projects already submitted through Alberta Innovates’ ongoing funding application process may be considered for the TIER funding. New project applications can also be submitted to the Alberta Innovates Application Portal until Nov. 30 to be reviewed for the first intake of TIER funding.
Since September, Alberta’s government has announced TIER funding for methane programs, carbon capture, utilization and storage programs, flood resilience programs, and the construction of a renewable natural gas and clean fertilizer facility in Lacombe. This innovative new facility will transform agricultural and plant waste into organic fertilizer, cutting the equivalent of 8,500 cars in emissions while supporting 80 construction jobs.
Read the rest of the article, here.