Alberta invests $80 million in CCUS for industrial energy efficiency

Oct 05 2020


The Government of Alberta is investing $80 million in an Industrial Energy Efficiency and Carbon Capture Utilization and Storage (IEE CCUS) grant program.

The goal of the program is to assist industries to reduce emissions, increase competitiveness, and lower carbon compliance costs. Application deadline is Oct. 30, 2020.

The $80-million Industrial Energy Efficiency and Carbon Capture Utilization and Storage (IEE CCUS) Grant Program is part of a $750-million investment of the Technology Innovation and Emissions Reduction (TIER) fund.

The IEE CCUS will help Alberta’s large industrial emitters:

  • reduce emissions
  • increase competitiveness
  • lower carbon compliance costs
  • improve energy efficiency through technology and equipment upgrades

The IEE CCUS Grant Program targets improvements at facilities that are regulated, or eligible to be regulated, by the Technology Innovation and Emissions Reduction Regulation.

Successful applicants are eligible to receive 75 per cent of project costs, up to a maximum of $20 million.

 

Eligibility

Facilities must be regulated or eligible to be regulated under the TIER Regulation to be eligible for funding. If an applicant were to propose a new facility as part of its project, that facility would have to be eligible for regulation under the TIER Regulation.

There is no minimum or maximum total project cost eligibility requirement. Existing projects are eligible; however, grant funding cannot be used towards retroactive project costs. Total grant and award funding from all external sources cannot exceed 85 per cent of total project costs.

Only emissions reductions that are regulated under TIER are eligible for funding.

Apply for the grant


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