NGIF CAPITAL PUBLISHES ITS EMISSIONS TESTING CENTRE PROGRAM PERFORMANCE REPORT 2022 – PART I

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NGIF CAPITAL PUBLISHES ITS EMISSIONS TESTING CENTRE PROGRAM PERFORMANCE REPORT 2022 – PART I


June 23, 2023

CALGARY, AB (JUNE 23, 2023): NGIF Capital, together with its program partners Tourmaline Oil Corp. (Tourmaline), Perpetual Energy, Natural Resources Canada (NRCan), and the University of Calgary (UCalgary) are excited to announce the publication of its inaugural Emissions Testing Centre program (ETC) Performance Report for 2022 – Part I.



In this report, NGIF Capital provides an overview of the components and capabilities of the ETC program and the key milestones it has achieved over the past year. This includes the program’s development, construction of the controlled and uncontrolled physical testing sites, and the intake of 11 initial program users.

“Together with our partners, Perpetual Energy, Tourmaline, Natural Resources Canada and the University of Calgary, we have created an unprecedented opportunity with this program for substantial reductions in methane emissions,” said John Adams, President, and CEO of NGIF Capital Corporation and Managing Partner of NGIF Cleantech Ventures. “Building a validation testing program with multiple cleantech startups in both a laboratory and live testing environment has never been done before and will provide the collective expertise required to move our gas industry forward with cleantech solutions,” Adams added.

We are excited by the launch of our program and the successful intake of our first cohort of program users. Adams closed with, “As the demand for Canada’s natural gas continues, we will support our industry by validating cleantech and accelerating the advance of methane mitigation solutions to market.”

About NGIF Emissions Testing Centre
The NGIF ETC is a $28 million industry-led emissions testing platform, which includes $9.25 million from the Natural Resources Canada (NRCan) Energy Innovation Program. This innovative program is a plug-and-play testing platform for multiple startups to validate their solutions in a collaborative and live gas operations environment. NGIF Emissions Testing Centre includes the host site of Tourmaline Oil and Perpetual Energy at their West Wolf Lake Gas Process Plant, instrumented for live testing. It also includes University of Calgary Research Centre laboratories, instrumented for both simulation testing and a data hub to store benchmarking results. The NGIF Emissions Testing Centre is seeing emissions detection, quantification, and reductions through multiple tech startup validation, while also creating benchmarking data and a research talent pool for the natural gas industry. The NGIF Emissions Testing Centre is operated by NGIF Capital Corporation.

For more information on Emissions Testing Centre Program, please visit Emissions Testing Centre – NGIF Capital


NGIF Capital Logo


ETC Program and User Information:

John Adams
President and CEO, NGIF Capital Corporation
Managing Partner, NGIF Cleantech Ventures
(613)-748-0057
[email protected]

Media Information:

Dini Philip
Communications Coordinator, NGIF Capital Corporation
(403) 389-2090
[email protected]


NGIF ETC Investors Logo. NGIF logo surrounded by NRCan, Perpetual Energy, Tourmaline, Alberta Innovates, University of Calgary, and the CGA logos.


 

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At NGIF, we invest in companies who are leading in the development of clean technologies for energy and who have the potential to demonstrate significant and quantifiable environmental and economic returns.

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