|Policy Type:||Voluntary Approaches>Negotiated Agreements (Public-private sector), Information and Education>Advice/Aid in Implementation, Economic Instruments>Fiscal/financial incentives>Grants and subsidies, Economic Instruments>Direct investment, Research, Development and Deployment (RD&D)|
|Policy Target:||Multiple RE Sources>All|
|Policy Sector:||Multi-sectoral Policy|
|Funding:||$CAN 115 million over 5 years|
The Canadian government seeks to aid domestic industry adapting to climate change while laying the foundation for new, cleaner technologies and economic opportunities. The government will invest in technology and innovation with a focus on five areas to achieve climate change mitigation goals. Those areas related to renewable energy technologies include:
Hydrogen Economy: to build knowledge and accelerate the development of fuel cells and other technologies that will form the basis of the emerging hydrogen economy, including technologies to produce hydrogen from renewable energy sources. Investments will be available to support public and private sector partnerships to develop hydrogen technologies and infrastructure in integrated, real-world settings. Taken together, these investments will build on Canadas first-mover advantage internationally and ensure it remains at the forefront of the transition to the hydrogen economy.
Decentralised Energy: development of decentralised energy production systems. These systems make more efficient use of locally available energy resources and renewable sources such as wind, solar and landfill gas. They can be used in residential, commercial and industrial applications and in combined heat and power applications.
Biotechnology: to support the development of bio-based energy systems and technologies. This covers a broad range of technologies, including biomass and waste conversions; cellulosic ethanol from biomass and other biofuels; bio-processes; biomass production, harvesting and transportation; and energy from biomass. This investment is complemented by investment in biodiesel technologies.
The program will end in March 2008. Additional initiatives announced in federal budget 2007 will cover many of the same priority areas in RD&D.
Last modified: Fri, 31 Aug 2012 17:20:38 CEST