CALGARY — The Honourable Jim Prentice, Minister of the Environment and Minister responsible for Parks Canada, today announced that Great Northern Power Corp. will receive up to $4.5 million in funding through the Government of Canada’s Clean Energy Fund for its demonstration project of converting waste heat from industrial engines into power. The project is also receiving $2 million from Sustainable Development Technology Canada’s (SDTC) SD Tech Fund™. Minister Prentice also highlighted a contribution of $40 million for 18 projects under Round 16 of the SD Tech Fund.
“Investments in clean energy technologies are a key part of our balanced approach to reducing greenhouse gas emissions and climate change,” said Minister Prentice. “Our government’s investment in this innovative technology further demonstrates Canada’s leadership in clean energy and our commitment to create high-quality jobs for Canadians.”
The technology in this project will recover waste heat from reciprocating engines operating at compressor stations and remote off-grid power generators. It will then generate electricity, which displaces fossil fuel combusted by the engine, resulting in reduced greenhouse gas emissions and operating costs.
“The technology being demonstrated by Great Northern Power is a strong example of how clean technologies are making our economy more productive and competitive,” said Dr. Vicky Sharpe, President and CEO of SDTC. “By producing power from waste heat, Great Northern Power is increasing the efficiency of transporting natural gas in a way that is good for the environment and the economy.”
“The combined funding assistance from the Government of Canada’s Clean Energy Fund and Sustainable Development Technology Canada has allowed our company to develop and realize the potential of this technology,” said Victor Juchymenko, President of Great Northern Power. “We are excited about the economic, social and environmental benefits that these programs bring to the clean technology sector, and we look forward to being a part of the Government of Canada's sustainable development and economic mandate.”
As part of Canada’s Economic Action Plan, the Clean Energy Fund is investing $795 million over five years in clean energy technology development and demonstration. The Government of Canada’s support will help launch close to 20 projects under the renewable and clean energy portion of the Clean Energy Fund, totalling up to $146 million. Three carbon capture and storage projects have also been announced, totalling $466 million from the fund.
Sustainable Development Technology Canada is an arm's-length foundation created by the Government of Canada that has received $1.05 billion as part of the Government’s commitment to create a healthy environment and a high quality of life for all Canadians. SDTC’s $550-million SD Tech Fund supports projects that address climate change, air quality, clean water and clean soil.
FOR BROADCAST USE:
The Government of Canada is investing up to $4.5 million through the Clean Energy Fund in Great Northern Power’s demonstration project of a new way to recover heat from industrial engines. This technology will help to reduce greenhouse gas emissions and operating costs by recovering waste heat at compressor stations. The project is also receiving $2 million from Sustainable Development Technology Canada.
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