EDMONTON, AB – Today, the Government of Alberta announced $20 million in funding, delivered through Emissions Reduction Alberta (ERA), for four projects advancing carbon capture, hydrogen transportation, energy infrastructure and land reclamation in rural and northern Alberta. Funding is sourced from the Technology Innovation and Emissions Reduction (TIER) fund.
The investment will put innovative solutions to work while supporting the industries and communities that power Alberta’s economy. Projects are located in Peace River, the County of Newell, Hardisty, and other sites across Alberta.
If successful, the four projects are estimated to reduce 1,400 tCO2e by 2030, and create 589 jobs, generating $95 million GDP.
Projects include:
County of Newell
ERA Funding: $5,000,000 | Project Total Value: $13,300,000
Develop the Brooks Newell Hydrogen Hub to stimulate hydrogen supply and demand in southeast Alberta through vehicle retrofits, electrolytic hydrogen production, and refueling infrastructure.
Environmental Material Sciences Inc. (LiORA)
ERA Funding: $3,000,000 | Project Total Value: $9,100,000
Advance and validate BioLodestone, a natural nutrient solution that accelerates the breakdown of hydrocarbon contamination in soil.
Northiana Energy Solutions Inc.
ERA Funding: $5,000,000 | Project Total Value: $11,600,000
Demonstrate Continuous Multilayered Encapsulation (CME) technology to improve the transportation of bitumen through existing pipeline infrastructure.
Svante Technologies Inc.
ERA Funding: $7,000,000 | Project Total Value: $25,950,000
Advance the Peace River carbon capture project using Svante’s technology to capture approximately 500,000 tonnes of CO2 annually from Mercer’s pulp mill.
ERA funding recipients are required to publicly report project outcomes, including emissions reductions, job creation, environmental and economic benefits, and key lessons learned. Final outcomes reports are shared publicly to help advance technologies toward commercialization and inform future innovation efforts.
Contact Information:
Kevin Duncan
Media Relations, ERA
403.431.2859
kduncan@eralberta.ca
ABOUT EMISSIONS REDUCTION ALBERTA (ERA):
For 17 years, ERA has invested revenues from the industrial carbon price paid by large emitters to accelerate the development and adoption of innovative clean technology solutions. Since its establishment in 2009, ERA has committed $1.19 billion toward 364 projects valued at over $10.8 billion. These investments are helping reduce emissions, create competitive industries, and support new business opportunities in Alberta. ERA-funded projects are estimated to deliver cumulative reductions of 28 million tonnes of CO2e by 2030 and 82.6 million tonnes by 2050.