Grants & Funding

Energy Innovation Fund

A new innovation fund has been created to foster the next generation of technology to help our energy industry:

  • create more good jobs
  • attract investment
  • reduce emissions
  • expand and diversify access to tidewater and world energy market

Alberta will invest $1.4 billion over 7 years for innovation projects in 5 categories:

  • Oil sands innovation fund
  • Innovation across sectors
  • Industrial energy efficiency
  • Bioenergy
  • Loan guarantees

These will be funded by the Climate Leadership Plan, which recycles carbon levies back into Alberta industries to help them compete and grow in our modern economy and continue to be global innovation leaders.

Industry & Business,Life & Community