Climate Change and Emissions Management (CCEMC) Corporation

Climate Change and Emissions Management (CCEMC) Corporation

April 26, 2012 10:00 ET

The Climate Change and Emissions Management (CCEMC) Corporation Makes $40 Million in Funding Available for Energy Efficiency Projects

Near-term GHG reductions targeted through energy efficient technology

EDMONTON, ALBERTA--(Marketwire - April 26, 2012) - The Climate Change and Emissions Management (CCEMC) Corporation is making $40 million in funding available to support energy efficiency projects. Eligible projects will demonstrate how significant reductions in GHG emissions will be achieved in Alberta by applying commercial and near-commercial energy efficiency technologies.

"The CCEMC is looking for technology that can be deployed quickly to produce significant greenhouse gas reductions that can be maintained over the long term," said CCEMC Chair Eric Newell. "For this round of funding, our focus is on energy efficiency initiatives that hold potential for broader adoption in Alberta, but wouldn't be feasible without additional financial support. We want to help organizations address financial barriers head-on."

Eligible organizations include organizations that emit over 50,000 tonnes of CO2e annually, as well as municipalities, utilities and commercial operations that can estimate emissions reductions based on either Alberta's Quantification Protocol for Energy Efficiency Projects or the Quantification Protocol for Energy Efficiency in Commercial and Institutional Buildings.

CCEMC will match up to one-third of unencumbered private sector cash contributions to a maximum of $7 million per project. CCEMC will not match federal or provincial Canadian government funds or in-kind non-cash contributions.

Preference is given to projects that will deliver direct, significant, sustainable emissions reductions in Alberta on a facility basis with broad deployment potential. The best projects will be identified and invited to submit full detailed proposals to be considered for funding.

Projects must be located in Alberta but development work is acceptable if it leads directly to the installation of technology or process at an Alberta location. There are no restrictions on the number of EOIs that any applicant can submit.

Information sessions about the submission and evaluation process will be held in Calgary on May 16 and online on May 17. EOI submissions are due July 5 and full project submissions will be invited in the fall. The final projects will be approved in early 2013. Submission guidelines will be available on the website under call for proposals. Workshop details will be available on the events page on April 30 at 8 a.m.

Enabled through regulation, the CCEMC is an independent not-for-profit organization that provides ongoing, dedicated funds to support the discovery, development and deployment of innovative clean technology.

Funding for CCEMC is collected from industry. Since 2007, Alberta companies that annually produce more than 100,000 tonnes of greenhouse gas emissions are legally required to reduce their greenhouse gas intensity by 12 per cent. One option for compliance is payment into the Climate Change and Emissions Management Fund - $15 dollars for every tonne over the reduction limit. By the end of 2010, the Climate Change and Emissions Management Fund had amassed more than $254 million, even as industry worked to implement energy efficiency measures to reduce emissions.

For more information or to arrange an interview, please contact the undersigned.

Contact Information

  • Climate Change and Emissions Management (CCEMC) Corporation
    Celia Sollows