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Funding will enable the establishment of a cleantech hub at the University of British Columbia s Okanagan campus that will develop and commercialize clean technologies
KELOWNA, BC, Jan. 15, 2021 /CNW/ - The Government of Canada is committed to supporting a competitive, green economy by leveraging opportunities to promote sustainable technologies. That includes investing in innovation that recycles materials normally thrown away into value-added commodities.
Government of Canada announces support for innovation in clean technology and sustainable materials (CNW Group/Western Economic Diversification Canada)
Today, the Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for Western Economic Diversification Canada, announced $1.9 million in funding to the University of British Columbia s Okanagan campus (UBCO) to develop an innovation hub that will promote clean technologies that convert ca
A new innovation hub in the Okanagan will promote clean technologies that convert industrial waste into new, sustainable products, thanks in part to WD.
UBC, UNB receive funding from feds, Bell for innovation programming
The Government of Canada and Bell each recently announced planned investments in cleantech and cybersecurity development totalling $3.1 million at two Canadian universities.
Through Western Economic Diversification Canada (WD), the federal government is investing $1.9 million to fund the creation of a cleantech innovation hub at the University of British Columbia’s (UBC) Okanagan campus. Across the country, telecom giant Bell is investing $1.2 million to support a comprehensive cybersecurity education program offered through the University of New Brunswick (UNB).
The projects seek to address the climate crisis and shortage of skilled cybersecurity workers.
As a world pioneer in power sector carbon capture and storage, Estevan is an ideal location for one of the initial Canadian NET Power deployments. NET Power’s Allam-Fetvedt cycle technology combusts natural gas with oxygen, as opposed to air, and uses supercritical carbon dioxide (CO2) as a working fluid to drive the turbine and produce zero-emission electricity. This cycle can hit the same efficiency of a traditional power plant while capturing all of its carbon dioxide (CO2) and eliminating all air pollutants. As the inventor of the Allam-Fetvedt cycle, 8 Rivers is ideally situated to partner with the city to hit their energy and economic goals.