2021-06-24 11:40:00
CANADA'S CLEAN FUEL FUND $1.2 BLN
ENERDATA - 23 Jun 2021 - The Canadian Department of Natural Resources (Natural Resources Canada) has launched a CAD1.5bn (US$1.2bn) Clean Fuels Fund to increase the domestic production of cleaner fuels. The country has launched a call for proposals to expand the existing supply of hydrogen, renewable diesel, synthetic fuels and cleaner aviation fuels and natural gas blends. The fund will provide up to 30% of total project costs up to a maximum of CAD150m (US$122m), for projects commissioned by the end of March 2026.
The government issued the National Hydrogen Strategy in late 2020. According to the strategy, clean hydrogen has the potential to deliver up to 30% of final energy consumption by 2050 (6% by 2030), abating up to 190 MtCO2eq/year of GHG emissions through deployment in transportation, heating, and industrial applications (45 MtCO2eq/year by 2030).
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Earlier:
2021, June, 17, 12:25:00
CANADA'S HYDROGEN STRATEGY
These activities in the short-term will be followed by the growth and diversification of the sector from 2025 to 2030. Thereafter, through rapid expansion until 2050, Canada will start to realize the full benefits of the hydrogen strategy.
2021, April, 21, 14:20:00
CANADA REDUCE GHG EMISSIONS
The country’s GHG emissions increased by 0.2% in 2019 to 730 MtCO2eq, i.e., 21.4% higher than 1990 levels.
2021, April, 8, 11:55:00
CANADA'S SUSTAINABLE ENERGY INVESTMENT $18 BLN
The new group, Sustainable Energy Group (SEG), will combine Energy & Resources (E&R) and Power & Renewables (P&R) groups and have about $18 billion in assets.
2021, April, 2, 12:20:00
CANADA'S SMR NUCLEAR
Between 2035-2050, SMRs could reduce greenhouse gas emissions by 216 megatonnes (Mt) in the heavy industrial sector. Canadian emissions from this sector are currently about 700 Mt per year.
