Meeting national and global 2030 and 2050 emissions reduction targets while ensuring energy security is the great challenge of our time. Innovators in Alberta are part of an international effort to provide cleaner technology, greener solutions and sustainable products.
Together, we are taking action to create a better future for all.
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Using their deep expertise in energy development, innovators in Alberta are creating important networks to speed up and amplify technological advancements that will get us to our emissions goals. Alberta is home to vibrant and innovative cleantech talent; in fact, Startup Genome ranked Calgary as one of the Top 30 cleantech ecosystems globally for 2021.
Get the details on Alberta's energy diversification.
Hydrogen is a promising source of emissions-free fuel to power trains, heavy-duty trucks, planes, and ships; help store the energy generated by wind and solar; and heat our homes and businesses. It is the most abundant element in the universe and provides energy without releasing carbon dioxide - potentially making it a major source of clean energy for the world. By 2050, hydrogen could deliver as much as one-third of Canada’s end-use energy. As the largest hydrogen producer in Canada, Alberta has the resources, infrastructure, expertise, and technology needed to quickly become a global supplier of low-cost hydrogen. Alberta Innovates is leading the way through the Hydrogen Centre of Excellence, providing innovation support across the entire hydrogen system, from production to end use.
Natural Resources Canada defines CCUS as “a suite of technologies that capture CO₂ from facilities, including industrial or power applications, or directly from the atmosphere. They can remove CO₂ from the air or from biomass-based energy.” Operated by InnoTech Alberta, a subsidiary of Alberta Innovates, the Alberta Carbon Conversion Technology Centre (ACCTC) shines a global spotlight on Alberta innovation. It is a unique facility built to fast-track advancements in CO₂ conversion, capture, and utilization technology. ATB Capital Markets estimates that, by 2030, revenue opportunity in CCUS technology will be between C$8 billion and C$45 billion in Canada, with global investments in the US$375 billion to US$650 billion range.
Alberta’s bitumen is a perfect feedstock to create advanced materials that the world needs. Carbon fibre made from bitumen is light, strong, and corrosion-resistant, which makes it more useful than conventional metals and polymers when used in construction materials, vehicles, bikes, wheelchairs, prosthetics and a host of other things we use every day.The global carbon fibre market size is projected to reach USD $12.5 Billion by 2030 and Alberta has the potential to be a major supplier of this valuable product.
Alberta was the first jurisdiction in North America to put a price on industrial carbon emissions. Today, the Technology Innovation and Emissions Reduction (TIER) Regulation is a key tool for regulating industrial GHG emissions in Alberta. The TIER compliance fund supports innovations in emission reduction. Alberta Innovates is a valuable partner in using TIER funding to support clean technology innovation.
Develop the energy sources of the future.
Challenge accepted.
Through innovation, we’re revolutionizing and rethinking energy solutions.
Develop the energy sources of the future?
Challenge accepted.