Emissions Reduction Alberta (ERA) is launching a new funding program for development of technologies that reduce the footprint of natural gas production.
Under the Natural Gas Challenge, which has a total purse of $50 million, ERA will match private investment up to $10 million per project and up to 50 percent of total project costs.
ERA is looking for technologies that are at least ready to field pilot in areas including new natural gas production and processing systems; addressing leaks and fugitive emissions; alternatives to flaring and venting; renewable/synthetic natural gas production; innovation for transportation of natural gas; technology for natural gas-fueled transportation and mobility; and conversion to value-added products.
The projects will build resiliency and revitalize the natural gas sector, ERA said.
Submissions open on November 4 and close on December 19.