Clean Energy Fund - Renewable Energy and Clean Energy Systems Demonstration Projects

Country	Canada
Year Implemented	2009
Policy Status	In force
Date Announced	19 May 2009
Date Effective	19 May 2009
Date Ended	31 March 2014
Agency	•Natural Resources Canada (NRCan)
Funding	CAD 1 billion to co-fund projects to 31 March 2014
Further Information	•www.nrcan.gc.ca/eneene/science/ceffep-eng.php
Stated Objective	•Climate Change Mitigation
Policy Type	•RD & D   •Demonstration Project   •Research Programme     •Technology Deployment and Diffusion
Policy Target	•Bioenergy   •Biomass for Heat   •Biomass for Power •Geothermal   •Heat   •Heat Store   •Power •Hydropower •Multiple Renewable Energy Sources   •Heating   •Power •Ocean •Solar Photovoltaic •Solar Thermal
Policy Sector	•Multi-sectoral Policy
Size of Plant Targeted	Large
Description	The Clean Energy Fund aims to reduce greenhouse gas emissions through tdemonstrations of "green" technologies to support the increased integration of renewable and clean power and heat technologies. The Fund invests CAD 850 million in technology development and demonstration. This includes CAD 650 million for large-scale carbon capture and storage (CCS) demonstration projects and CAD 200 million for smaller-scale demonstration projects of renewable and alternative energy technologies. There is also a CAD150 million research component. The Fund aims to support the integration of intermittent renewable and clean energy technology into both the electric grid and the built environment including: smart grid concepts, electrical and thermal energy storage, hybrid systems including those with limited fossil fuel input, marine energy, solar PV, solar thermal, very low-head hydro and in-stream river current systems, geothermal and bioenergy. Proposals are requested for co-funded projects to increase the integration of CCS, renewable and clean power and heat technologies. In addition to the potential for generating renewable heat and power and integration in buildings and communities, there are also opportunities in remote and northern regions of the country, where conventional energy is expensive and were cost-effective and reliable renewable energy systems can reduce these costs. Demonstrations should not be just technology demonstrations, but should focus on an engagement of multiple stakeholders and receptors to develop system demonstrations. These would deal with all issues such as code, permit, regulatory and other institutional issues, in addition to technology capital cost reduction and reliability of the technology. Eligible applicants include for-profit and not-for-profit organisations registered in Canada. The maximum funding per project will not exceed 50% of Total Demonstration Project Costs. Total Canadian government assistance (federal, provincial/territorial and municipal governments, not including investment or funding from Crown or municipally-owned utilities) will not exceed 75% of Total Demonstration Project Costs. Projects must have a minimun Clean Energy Fund contribution of CAD 2.5 million, and Clean Energy Funding per project will not exceed CAD 50 million.
URL	www.nrcan.gc.ca/eneene/science/ceffep-eng.php