The Clean Resource Innovation Network (CRIN) announced $80 CAD million for three large-scale technology competitions that will create positive environmental improvements for Canada’s oil and natural gas industry and end users. The Low Emission Fuels and Products Competition is a $25 million two-phase challenge to accelerate the development of innovations that reduce the carbon intensity of Canada’s oil and gas industry. This includes transportation fuels and other hydrocarbon-derived products. This Competition has four focus areas, including:
- Low-Carbon Intensity Alternatives and New Fuels: Technologies included in this focus area develop products and processes that reduce fuels’ carbon intensity. Examples include innovative fuels and production of fuels from biogenic feedstocks potentially including waste products, bitumen partial upgrading, or other novel processes.
- Carbon Capture and Utilization: Technologies included in this focus area reduce greenhouse gas emissions by capturing, utilizing and/or converting carbon dioxide.
The competition is open to technology developers, industry operators (including small, medium, and large enterprises), industry associations, research and development organizations, and not-for-profit organizations. All applications must come from consortia consisting of at least one SME plus at least one oil and gas producer. Lead applicants, SMEs, and oil and gas producers must be incorporated in Canada.
An information webinar will be held for applicants on April 21, 2021.
Read more on CRIN website