Over $40 million investment to kickstart $20 billion in carbon capture projects

Over $40 million investment to kickstart $20 billion in carbon capture projects

On July 13, 2022, ERA and the Government of Alberta announced the approved projects for the Carbon Capture Kickstart: Design and Engineering funding opportunity. This funding advances CCUS-related technologies in step with emerging Provincial and Federal policies. Many of these projects represent the first stage of significantly larger overall project plans. All funded projects plan to be up and running by 2030. Funding recipients represent industrial sectors including power generation, cement, fertilizer, forest products, and oil and gas. Large emitter sites across Alberta, from Medicine Hat to the Industrial Heartland, Hinton to Exshaw, and in the Alberta Oil Sands, will participate. This investment is sourced from the Government of Alberta’s Technology Innovation and Emissions Reduction (TIER) Fund.