Funding available for cleaner energy and carbon capture
The CCEMC is making $60 million in funding available for cleaner energy production and innovative carbon capture projects. Qualified projects will provide opportunities to transform the way we extract, produce and use energy from more traditional energy sources like coal, oil, gas and oil sands and improve carbon capture methods.
“For the foreseeable future, fossil fuels are going to continue to play a major role in addressing global energy demand, even as we transition to other energy sources,” said CCEMC Chair Eric Newell. “By providing funding to support cleaner energy and carbon capture projects, the CCEMC is helping to reduce emissions while helping Alberta strengthen a growing green economy.
Alberta invests more in climate related technology funds than any other province in Canada.
Workshops describing the CCEMC criteria and decision process are scheduled for May 24th in Calgary and May 26th in Edmonton. All proponents who may be interested in applying for funding are encouraged to attend.
Responses to the Expression of Interest are due by July 28. The CCEMC will then review submissions and a short list of proponents will be selected and invited to submit full project proposals in October.