$58 Million Announced for Natural Gas Innovations Worth $155 Million
Leveraging artificial intelligence and machine learning to better measure and locate methane emissions, and prototyping new approaches to convert natural gas to hydrogen, are two of 20 technology innovations that will receive funding from the Government of Alberta through Emissions Reduction Alberta (ERA).
Alberta’s Minister of Environment and Parks, Jason Nixon, and Associate Minister of Natural Gas and Electricity, Dale Nally, announced the finalists of the Natural Gas Challenge with ERA CEO, Steve MacDonald, on Tuesday, July 21, 2020, at the opening of the Maximizing Funding Potential Workshop, presented by ERA and Alberta Innovates.
ERA is committing $58.4 million for 20 projects worth $155 million. Funding for ERA’s challenges comes from the carbon price paid by Large Final Emitters in Alberta through the Technology Innovation and Emissions Reduction (TIER) fund.
“Today’s announcement by the Government of Alberta supports investment attraction, job creation, and economic growth. Some projects will have an immediate impact by improving the performance of the natural gas sector’s existing operations and others are accelerating transformative opportunities, like hydrogen production, that can change the face of the industry.”
Steve MacDonald, CEO, ERA
The Natural Gas Challenge was launched in October 2019 and was open to projects involving technologies at the pilot, demonstration, or first-of-kind commercial deployment stages. ERA’s selection committee reviewed 117 submissions and of these, twenty projects were selected based on their potential to unlock innovation across Alberta’s natural gas value chain, from production to the end consumer.
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