The Canadian Gas Association (CGA) has announced its intention to create a Natural Gas Innovation Fund™ (NGIF) to support research, demonstration and deployment of innovation in the natural gas value chain.
The CGA hopes that the NGIF will bring utilities, government, academia, incubators, accelerators, and technology developers in the natural gas value chain together to support natural gas innovation and reduce emissions, drive energy efficiency, and ensure the availability of affordable energy for customers.
The NGIF will consider support for a range of investment opportunities including LNG technology applications such as small scale LNG production for remote community and industrial energy needs as a substitute for higher-emitting and more costly alternatives.
It will also consider technologies to support natural gas use as a clean and affordable alternative transportation fuel, as well as technologies that help reduce the emission profile of gas use, such as renewable natural gas (RNG), power-to-gas systems (integrating gas and electric renewables), and smart CO2 recovery and use technologies.
Timothy M. Egan,, President and CEO, CGA, said: "CGA has made innovation a key focus for the last 6 years with initiatives and investments around the use of our fuel and our infrastructure. Natural gas is an affordable, clean, safe, and reliable energy choice for Canadian consumers and investments made through this fund will build on the value proposition of that choice."
John Adams, Managing Director, Natural Gas Innovation Funding, added: "The Natural Gas Innovation Fund™ will serve as a leading Canadian vehicle for the harnessing of innovation to deliver on cleantech in the natural gas value chain. We want to work with governments, industry, research and academic institutions, innovations centres and the emerging think tanks with an idea and solutions for a future with low emission natural gas energy.”
Read the article online at: https://www.lngindustry.com/small-scale-lng/20102016/cga-to-create-fund-for-natural-gas-innovation/