EDMONTON—Emissions Reduction Alberta (ERA) has announced it will spend nearly $3 million to help deploy carbon capture, utilization and storage (CCUS) technology by joining with Accelerating CCS Technologies (ACT) in its global competition.
The total funds available for this global funding competition is $19 million and is open to projects in participating countries: Germany, India, Norway, United States or Canada.
Initiated in 2015, ACT is a multi-national funding program focused on advancing and accelerating CCUS technologies around the globe.
ERA’s partnership with the global initiative can lead to safe and cost-effective CCUS technologies through international knowledge sharing.
The $19 million ACT4 Call will help the ERA hunt for innovative CCUS technologies with strong potential for commercialization in Alberta.
Successful projects must enable the emergence of CCUS in the energy and industrial sectors with results ranging from reduced operational costs and lowered emissions to new technology, safe storage, and the optimization of existing infrastructure. ERA funding is sourced from the province’s Technology Innovation and Emissions Reduction fund.
Successful applicants must have a minimum of two eligible partners from at least two of the funding countries.
Consortia with partners from other countries are welcome if these organizations are funded by sources other than ACT. Funding is available for projects at the technology scale-up, field pilot, commercial demonstration, or commercial implementation stages. The deadline to apply for the $19 million ACT4 Call is Sept. 12.
“Partnerships and funding like this help Alberta leverage its investments in CCUS and increases the value of our natural resources while growing our resources,” said Jason Nixon, minister of environment and parks, in a statement. “Alberta continues to lead the way by developing the solutions the world needs.”