January 8, 2021 – Ottawa, ON
Natural Gas Innovation Fund
The Natural Gas Innovation Fund (NGIF) has announced an investment of $525,500 in the Canadian multi-unit demonstration of a natural gas heat pump developed by ThermoLift, a manufacturer based out of Stony Brook, NY. ThermoLift’s patented Thermal Compression Heat Pump uses natural gas as an energy source and combines heating, cooling and domestic hot water delivery, to function as a furnace, water heater and air conditioner in one single unit.
According to data from Natural Resources Canada (NRCan), residential and commercial space, water heating, and cooling account for approximately 23 per cent of the total energy consumed per year. With ThermoLift’s natural gas heat pump, energy is used to pump renewable heat from the outside, significantly improving system efficiency, and reducing greenhouse gas emissions. The heat pump utilizes an innovative cycle that reduces energy consumption and costs by approximately 30 to 50 per cent. Unlike electric heat pumps that can have significantly weakened performance in temperatures below zero degrees Celsius, testing has shown the natural gas heat pump can operate even when outdoor temperatures have dipped to -25 degrees Celsius.
Through the two-year project with NGIF, ThermoLift will demonstrate four units with an aim to find a viable pathway to market in Canada. Natural gas utilities including ATCO, Enbridge Gas Inc., Pacific Northern Gas Ltd. and SaskEnergy support this project through NGIF.
“The funding support of the Natural Gas Innovation Fund and some of its utility members enables ThermoLift to test our natural gas heat pumps in Canada and find opportunities to break into the Canadian marketplace.”
Paul Schwartz, Director & Co-Founder, ThermoLift
“NGIF is excited to support the demonstration of ThermoLift’s natural gas-driven heat pumps. They have developed a cleantech solution to reduce energy consumption and costs for homes and businesses across North America.”
John Adams, Managing Director, Natural Gas Innovation Fund
“Canada’s natural gas delivery industry supports technology development that demonstrates a commitment to innovation, affordability and environmental performance. ThermoLift’s natural gas heat pump is an exciting innovation that can deliver on customers’ energy needs while demonstrating the natural gas system’s ability to meet a broad range of public policy objectives.”
Timothy M. Egan, President and CEO, Canadian Gas Association
NGIF Investors supporting ThermoLift’s project:
ThermoLift is based in the Advanced Energy Center at Stony Brook University, has an engineering center in Livonia, MI, the company has invested millions in private capital funding, including grants from both the U.S. Department of Energy and the New York State Research and Development Authority. The ThermoLift system is a natural gas-driven air conditioner and cold-climate heat pump that can replace building heating, cooling, and hot-water systems with a single device. It can provide a 30–50% reduction in building heating and cooling energy consumption and costs, as well as associated reductions in greenhouse gas emissions.
About the Natural Gas Innovation Fund:
NGIF is an industry-led, industry-funded, granting organization created by the Canadian Gas Association that seeks to accelerate cleantech innovation in the production, pipeline transmission, and end-use of natural gas. In doing so, we aim to improve the environmental and economic performance of all in the sector. Our belief is that affordable, reliable, environmentally sound natural gas is a foundational fuel for Canada’s long-term well-being.
Canadian Gas Association
613-748-0057 ext. 310
Natural Gas Innovation Fund
613-748-0057 ext. 326