British Columbia, Canada and Shell support low-carbon innovation and shift to cleaner energy
Jul. 15, 2021
The Government of British Columbia, Government of Canada and Shell announced the commitment of matching funding towards the B.C. Centre for Innovation and Clean Energy.
The Centre will bring together innovators, industry, governments, and academics to help accelerate the commercialization and scale-up of lower-carbon energy technologies. It will also be a catalyst for new partnerships and world-leading innovation to deliver near and longer-term carbon emission reductions.
At Shell we are transforming our business and finding new opportuntities to provide more energy, such as biofuels, hydrogen, charging for electric vehicles and electricity generated by solar and wind power.
The Government of British Columbia and Shell have each committed $35 million (CAD) towards the Centre that will leverage additional public and private-sector investments and participation. The Government of Canada has committed up to $35 million for the centre’s innovative projects.
The Centre’s initial focus areas for funding and project delivery include:
- carbon capture, utilization and storage;
- the production, use and distribution of hydrogen;
- biofuels and synthetic fuels (including marine and aviation fuels);
- renewable natural gas; and
- battery technology, storage and energy management systems.
To be launched later this year, the Centre will be established as a member-based, non-profit corporation operating independent of government and private entities, with the intent to attract a wide range of companies and partners that share a common focus on innovation and scaling-up energy technology.
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Alberta Shales
We produce light tight oil (LTO) from the Montney shale formation in northwestern Alberta in Gold Creek. On February 17, 2021, Shell announced the sale of our Duvernay assets to Crescent Point Energy Corp.
Groundbirch
Produces methane, natural gas liquids and condensate and could provide Shell’s equity share of natural gas to LNG Canada.