Canada Invests $20.76 Million to Accelerate Development and Deployment of Clean Energy Technologies

The Honourable Tim Hodgson, Canadian Minister of Energy and Natural Resources, has announced investments totaling $20.76 million for 12 projects across Canada to accelerate the development and deployment of clean energy technologies.

Funded through Natural Resources Canada’s Energy Innovation Program, these projects will:

• Advance carbon capture, utilization and storage (CCUS) technologies to reduce emissions from key sectors and support the development of strong, low-carbon industries;
• Provide renewable energy solutions that can be deployed at scale to deliver clean, reliable power to Canadian homes and businesses; and
• Unlock new business models and investment in smart grid innovation to ensure that Canada’s grids are resilient, flexible and ready to meet growing demand.

Project funding includes:

• $12.14 million for five CCUS research, development and demonstration projects;
• $6.61 million for three renewable energy projects; and
• $2.01 million for four smart grid regulatory innovation and capacity-building projects.

The investments will focus on getting more clean energy to market, while reducing emissions and strengthening Canada’s economic and energy security.

“Canada is scaling up clean energy while strengthening our electricity grid and responsibly growing our conventional energy industry — because competitiveness means doing more than one thing at the same time,” said The Honourable Tim Hodgson. “We are investing to provide reliable, affordable and clean power across the country that will propel our economic growth, protect affordability for Canadian families and make Canada a low-risk, low-cost, low-carbon energy superpower.”