Before applying, applicants are encouraged to contact our team of Economic Development Officers who can help assess the fit with the program and provide advice on application preparation by calling (519) 332 1820 or email contact@sarnialambton.on.ca

The information below is from https://natural-resources.canada.ca/energy-sources/clean-fuels/clean-fuels-fund

Clean Fuels Fund

Canada’s economy will need to be powered by clean power and clean fuels to meet its goal of net-zero emissions by 2050.

Fuelling the future

Recognizing the essential role of clean fuels, Canada’s Emissions Reduction Plan includes broad economic policies, such as the Clean Fuel Regulations, increases to the carbon pollution price, the Hydrogen Strategy for Canada, and investments to grow the clean fuels market.

Budget 2021 invested $1.5 billion over five years to establish a Clean Fuels Fund to de-risk the capital investment required to build new or expand existing clean fuel production facilities (including facility conversions). Support was also available for feasibility and front-end engineering and design (FEED) studies, and the establishment of biomass supply chains to improve logistics for the collection, supply, and distribution of biomass materials (e.g., forest residues, municipal solid waste, and agriculture crop residues) as a feedstock in clean fuel production facilities. Resources were also available to address gaps and misalignment in codes, standards and regulations related to the production, distribution and end-use of clean fuels.

Budget 2024 announced the retooling of the Clean Fuels Fund and its extension to March 31, 2030. Support will be available to de-risk capital investments and studies that expand Canada’s clean fuel production capacity, and to address gaps and misalignment in codes, standards and regulations. The program will shift to a continuous intake process to deliver funding faster and will streamline negotiations and decision-making processes to expedite delivery.

1. Indigenous-led building new domestic production capacity

Intake 2 accepting applications

• Current funding available: This call for proposals will provide funding for up to $50 million per project to a maximum of 50% of total project costs for capital projects and up to $5M per project to a maximum of 75% of total project costs for studies.
• Current program timeframe: For Intake 2, projects must be completed by March 31, 2030
• Application deadline: The program is currently accepting proposals. The program has the authority to close the intake at any time, such as when the program has received more completed applications than funds available.
• Submission of a complete application does not guarantee funding.
• Learn more and apply via https://natural-resources.canada.ca/energy-sources/clean-fuels/clean-fuels-fund-funding-indigenous-projects

2. Building new domestic production capacity

Intake 2 accepting applications

• Current funding available: This call for proposals will provide funding up to $50 million per project to a maximum of 30% of total project costs for capital projects and up to $5M per project up to a maximum of 75% of total project cost for studies.
• Current program timeframe: Projects must be completed by March 31, 2030 for Intake 2
• Application deadline: The program is currently accepting proposals. The program has the authority to close the intake at any time, such as when the program has received more completed applications than funds available.
• Submission of a complete application does not guarantee funding.
• Learn more and apply via https://natural-resources.canada.ca/energy-sources/clean-fuels/clean-fuels-fund-building-new-domestic-production-capacity

Before applying, applicants are encouraged to contact our team of Economic Development Officers who can help assess the fit with the program and provide advice on application preparation by calling (519) 332 1820 or email contact@sarnialambton.on.ca

For more information, visit https://natural-resources.canada.ca/energy-sources/clean-fuels/clean-fuels-fund

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