New Initiative launched to fund clean energy technologies


The federal government has launched a
new $97 million ecoENERGY Innovation program designed to support
the development and deployment of new clean energy
technologies.



Natural Resources Minister Joe
Oliver announced the initiative this week, noting that support for
clean energy technology was an effective way to both reduce
greenhouse gas emissions and to create high-quality
jobs.



The new initiative (ecoEII)
will support technology research, development and demonstration
projects in five areas: Energy Efficiency, Clean Electricity and
Renewable energy, Bioenergy, Electrification of Transportation, and
Unconventional Oil and Gas.



Support will be provided through two streams, one for
R&D projects and a separate fund for demonstration
projects.



Funding for pre-commercialization demonstration projects
will focus on the integration of renewable energy into the
electricity grid and the built environment.



style=”margin: 0in 0in 0pt; background: white; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;”
class=”MsoNormal”>Invitations for ‘Expressions of Interest’
were issued calling for outlines of proposed projects, preliminary
cost estimates and anticipated timelines.



style=”margin: 0in 0in 0pt; background: white; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;”
class=”MsoNormal”>Applicants accepted for further
consideration will be invited to prepare full proposals detailing
work plans, milestones, collaborators and areas of
risks.
 





style=”margin: 0in 0in 0pt; background: white; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;”
class=”MsoNormal”>Eligible proponents for demonstration
project funding include Canadian companies, electricity and gas
utilities, industry and research associations, academic
institutions, provincial, territorial and municipal government
agencies, and aboriginal groups. 
 





style=”margin: 0in 0in 0pt; background: white; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;”
class=”MsoNormal”>Further information on demonstration
project funding is available href=”http://www.nrcan.gc.ca/eneene/science/rcesd-eng.php”
target=”_blank”
title=”Demonstration Projects”>here



More information and the
initiative is available at href=”http://ecoenergyinnovation.nrcan.gc.ca/”
target=”_blank”>ecoenergyinnovation.nrcan.gc.ca.


You can return to the main Market News page, or press the Back button on your browser.