Federal Natural Resources Minister Jim Carr announced the launch January 18 of a $200 million expression of interest for the innovative Emerging Renewable Power Program to expand renewable energy sources available to provinces as they work to reduce emissions from their electricity sectors while establishing new green industries in Canada.
The funding, which is part of the Government’s investment of $21.9 billion over 11 years to support green infrastructure under the Pan-Canadian Framework on Clean Growth and Climate Change, will help drive Canada’s efforts to build a clean economy by expanding commercially viable, investment-ready, renewable power technologies, such as tidal, geothermal and offshore wind.
This program is intended to reduce the risks associated with these technologies, help reduce their cost, and allow the sector to more easily navigate through regulatory issues, making the technology more accessible in the long run. Over time, this is expected to “help Canada’s electricity system draw on a more diverse set of clean technologies, and make an even greater contribution to our climate change commitments.”
To help community members, businesses and other interested Canadians find information on federal programming to support the deployment of emerging renewable power projects, a new webpage has been established, which includes a comprehensive guide to funding for eligible projects. Visit https://www.nrcan.gc.ca/energy/funding/20502.