Ottawa/IBNS-CMEDIA: The federal government announced nearly $7 million in funding to support energy modelling and innovation projects aimed at strengthening evidence-based decision-making and advancing Canada’s transition to net-zero emissions by 2050.
Parliamentary Secretary to the Minister of International Trade Yasir Naqvi, on behalf of Energy and Natural Resources Minister Tim Hodgson, said nearly $5 million will go to the University of Calgary to support the Energy Modelling Hub, a national initiative focused on improving analysis and planning in the energy sector.
An additional $2 million will fund four projects under the Energy Innovation Program, which will examine industrial decarbonisation and the role of electricity, low-carbon fuels and carbon-reduction technologies in Canada’s energy transition.
Government officials said the projects are intended to improve the reliability of energy data and models used to plan future energy systems while supporting both clean and conventional energy development and maintaining affordable and reliable energy supplies.
“It’s fitting that today’s announcement is taking place here in Ottawa—a city defined by innovation and home to some of Canada’s brightest researchers,” Naqvi said in a statement.
“By supporting cutting-edge energy modelling and technology development, we are strengthening the evidence that guides our decisions and advancing a reliable, affordable and forward-looking energy system,” he said.
(Reporting By Suman Das)
