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New federal program supports decarbonization of manufacturing

Ottawa's new decarbonization support program will provide up to $20 million per proposal in financial assistance. PHOTO courtesy BLM.

The federal government has launched the Green Industrial Facilities and Manufacturing Program (GIFMP) to help manufacturers maximize energy efficiency and reduce emissions in their operations.

The program will provide up to $20 million per proposal in financial assistance for industry, supporting activities like energy assessments and audits, training for energy management practitioners and capital investments such as modifications or upgrades to facility energy systems, processes and infrastructure.

“The new Green Industrial Facilities and Manufacturing Fund will support industrial partners, including utilities as well as provinces and territories, in enhancing energy efficiency while reducing waste and pollution and creating good jobs. Investments like these are vital in Canada’s advancement toward a sustainable and low-carbon future,” says Jonathan Wilkinson, Minister of Natural Resources.

Industrial sectors account for 40% of energy usage and approximately 50 percent of all GHG emissions in Canada.

The program will offer cost-shared financial assistance to support industrial energy efficiency in two tracks.

Track 1 – Energy Efficiency Solutions is directed to provinces, territories, utilities and other recipients including established industrial networks.

To apply for Track 1, parties interested in Energy Efficiency Solutions can obtain an application form by contacting Natural Resources Canada by email at: [email protected].

Track 2 – Industrial Facilities will directly support industry in implementing energy efficiency projects within individual facilities. This track, focused on filling support gaps across Canada, will be launched later in 2023.

The program is supported by funding announced in Budget 2022 to promote energy efficiency and emissions reductions throughout industrial sectors. Building on the Industrial Energy Management Program at Natural Resources Canada, the GIFMP will provide capacity-building tools, guides and case studies. It will also support outreach and awareness activities through an industry–government partnership network that collects energy data, shares information, facilitates mentoring on energy and related matters, and communicates successes.

Reposted from https://shopmetaltech.com/energy-resources/new-federal-program-supports-decarbonization-of-manufacturing/