ERA and Sustainable Development Technology Canada (SDTC) are investing up to $22.6 million in four new projects led by Small and Medium-sized Enterprises (SMEs) as a result of the joint ERA-SDTC opportunity. The co-funding initiative, a first for both ERA and SDTC, helps SMEs reduce GHG emissions through advancing new technologies. The projects have a total combined value of more than $39 million. There is potential for these technologies to produce cumulative market emissions reductions of more than 300,000 tonnes by 2030.
Federal Minister of Infrastructure Amarjeet Sohi, announced the funding in Edmonton on November 3, 2017.
“By providing a single window to access funding, Alberta and Canada are leveraging resources to stimulate investment and advance GHG-reducing technologies,” said ERA CEO, Steve MacDonald. “By accelerating innovation, ERA is helping Alberta be successful both economically and environmentally in a lower carbon future.”
ERA and SDTC selected four innovative projects from 139 submissions:
- Purlucid Treatment Solutions Inc. – Low-energy water treatment for steam assisted heavy oil recovery
- Mariner Partners Inc. – Beta testing of Energy Optimization Software Technology
- Calscan Energy Ltd. – Demonstration of Near Zero Emission Well Control System
- Acceleware Ltd. – Radio Frequency XL Enhanced Oil Recovery
Minister Sohi also announced the results of a joint funding initiative between SDTC and Alberta Innovates that focused on water technologies.