OTTAWA, ON (August 5, 2021) Hydrogen, renewable natural gas, and carbon capture utilization and storage projects are receiving funding from NGIF Industry Grants. Seven projects were selected for a total of $1.65 million in funding to advance technology innovations in the natural gas distribution sector. The approved projects have a combined value of more than $21 million in public and private investments.
“I am so encouraged by the high standard of startups, their leadership, and the disruptive potential of their innovations,” said John Adams, NGIF Capital Corporation President and CEO and NGIF Cleantech Ventures Managing Partner. “These recipients of funding from NGIF Industry Grants will help to accelerate clean technology development in renewable gases and carbon capture innovation. The NGIF model offers industry validation which is key to customer creation and market commercialization for startups.”
The competition was launched in May 2020 targeting cleantech startups and SMEs with solutions that can create value and mitigate environmental impacts in the distribution of natural gas in Canada. ATCO Pipelines, Enbridge Gas Inc., FortisBC, Pacific Northern Gas Ltd., and SaskEnergy will be investing from the downstream natural gas sector.
“When we created NGIF, we had a vision of how innovation could advance the natural gas industry, while also keeping affordability, resiliency, and the environment top-of-mind. This latest round of finalists demonstrates that innovation opportunity,” added Timothy M. Egan, President and CEO, Canadian Gas Association and Chair, NGIF Capital Corporation. “I’m excited to watch how these startups grow and how their technology solutions can support the sector.”
The projects approved will scale-up these technologies through prototype development, pilot, or demonstration and include:
Development of large-scale green hydrogen production using rugged cell water electrolysis
Total Eligible Project Value: $900,000 | NGIF Approved Funding: $300,000
Pilot plant demonstration and optimization of the SeaOH2 process to produce hydrogen and sequester CO2
Total Eligible Project Value: $8,750,000 | NGIF Approved Funding: $150,000
PROTON TECHNOLOGIES CANADA
Saskatchewan and Alberta
Demonstration of mixing Hydrogen from Proton’s method into commercial Natural Gas pipeline
Total Eligible Project Value: $6,274,725 | NGIF Approved Funding: $150,000
AURORA HYDROGEN (Spin off from University of Alberta)
Alberta and Ontario
Development of Microwave pyrolysis of natural gas to produce blue hydrogen
Total Eligible Project Value: $2,026,800 | NGIF Approved Funding: $300,000*
RENEWABLE NATURAL GAS
Demonstration project for G4 PCH Reactor Scale Up Validation
Total Eligible Project Value: $920,000 | NGIF Approved Funding: $300,000
Demonstration of high temperature Pyrolysis to RNG
Total Eligible Project Value: $1,365,410 | NGIF Approved Funding: $300,000
CARBON CAPTURE UTILIZATION AND STORAGE
Saskatchewan and Alberta
Pilot demonstration and deployment of membrane contactor technology to capture carbon from emission sources
Total Eligible Project Value: $1,055,000 | NGIF Approved Funding: $150,000
* $150,000 under contingent funding.
About NGIF Industry Grants
NGIF Industry Grants is a first-of-kind, industry-led grant organization to fund early-stage startups developing solutions to environmental and other challenges facing Canada’s natural gas sector. NGIF Industry Grants develops, demonstrates and de-risks these technology solutions through field trials and pilot projects to drive innovation and support environmental goals in Canada. NGIF Industry Grants’ investment focus is on existing natural gas production, transmission, distribution, storage, and end-use applications, as well as projects that will lead to the expanded production of emerging gaseous fuels like renewable natural gas and hydrogen. The organization has built a portfolio of startups, trusted partnerships with government for co-funding opportunities, and a robust technical evaluation investment model. NGIF Industry Grants is operated by NGIF Capital Corporation.
About NGIF Capital Corporation
NGIF Capital Corporation is a Canadian venture capital (VC) firm offering grant and equity financing for startups that deliver solutions to the environmental and other challenges facing the natural gas sector. NGIF Capital Corporation is unique in how it brings Canada’s energy industry leadership to every investment. Like other VCs, it takes new companies and their ideas from concept to commercialization. Unlike other VCs, NGIF Capital Corporation has strong connections to every part of the gas value chain, from production through to end-use, offering it a means to test, develop, and accelerate the commercial implementation of innovative gas technology wherever it fits in the sector. The model benefits consumers, investors, and Canadian society as a whole. NGIF Capital Corporation operates NGIF Industry Grants (the original Natural Gas Innovation Fund), the NGIF Emissions Testing Centre, and NGIF Cleantech Ventures. NGIF Capital Corporation is wholly owned by CGA Enterprises, a venture of the Canadian Gas Association.
The Canadian Gas Association is the voice of Canada’s natural gas delivery industry. Its membership includes natural gas distribution and transmission companies, equipment manufacturers, and suppliers to the industry. Our utility members are active in eight provinces and one territory and meet 35 per cent of Canadians’ energy needs through a network of over 566,000 kilometers of underground infrastructure. This infrastructure can also be used to deliver renewable gases including renewable natural gas and hydrogen, in order to contribute to Canada’s greenhouse gas emission reductions. Today, over 7.2 million customer locations representing approximately two-thirds of Canadians, rely on natural gas for clean, affordable, and reliable heating and power. CGA owns CGA Enterprises, which in turn owns NGIF Capital Corporation.
NGIF Capital Corporation
President and CEO, NGIF Capital Corporation
Managing Partner, NGIF Cleantech Ventures