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Alberta Invests $24.8mm In Emission Reduction, Grid Projects

by rigzone.com posted 4weeks ago 33 views
Real Assets
The Alberta government is investing $24.84 million (CAD 33.7 million) in technologies aimed at reducing emissions and improving the province’s energy grid. The investment was made through Emissions Reduction Alberta’s (ERA) Reshaping Energy Systems funding competition. The government is helping finance 13 projects that are valued at approximately $64.85 million (CAD 88 million) in public and private investment, ERA said in a recent news release. All the funding is sourced from the Government of Alberta’s Technology Innovation and Emissions Reduction (TIER) fund.