The government of Canada on June 21 launched a C$1.5 billion Clean Fuels Fund with a call for proposals for projects that will increase the country&rsquo;s capacity to produce clean fuels. Applications are due Sept. 29, 2021.
The Clean Fuels Fund has three separate components. The first will provide $1.38 billion to support the build-out of new, and expansion of existing, clean fuel production capacity and facility conversions or associated feasibility, engineering and FEED studies. The second provides $30.4 million to support the establish of biomass supply chains and associated feasibility assessments. The third allocates $19.4 million to support the development of critical codes, standards an regulations.
Eligible fuel types include, but are not limited to, hydrogen, ethanol, renewable diesel, co-processing of biocrude, sustainable aviation fuel (SAF), synthetic fuel, and renewable natural gas (RNG). Eligible liquid fuels must have a carbon intensity at or below 50 grams of CO2 equivalent per megajoule (gCO2e/MJ). The carbon intensity of eligible gaseous fuels must be at or below 36 gCO2e/MJ.
Eligible recipients must legal entities validly incorporated or registered in Canada, including not-for-profit and for-profit organizations. Natural Resources Canada will provide funding through conditionally repayable contribution agreements of up to 30 percent of the total eligible project costs, to a maximum of $150 million, per project.
Additional information is available on the Natural Resources Canada <a href="https://www.nrcan.gc.ca/clean-fuels-fund-building-new-domestic-production-capacity/23726" target="_blank">website</a>.&nbsp;
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The government of Canada on June 21 launched a C$1.5 billion Clean Fuels Fund with a call for proposals for projects that will increase the country's capacity to produce clean fuels, including ethanol, renewable diesel, SAF, RNG and others. 


Canada launches $1.5 billion Clean Fuels Fund

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