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COVID-19 Updates: Taking steps to return to normal.
Announced in 2004 and fully subscribed in 2013, reports from the 40 IETP participants continue to lead technology innovation in Alberta.
Successful applicants received a royalty adjustment of up to 30% of approved project costs. Industry must provide the remaining 70% or more of total project costs. It is anticipated that successful technologies supported by this program will enhance resource recovery and increase royalties to fully recover, over time, the program costs. The total industry/government commitment to important new technologies, assuming full subscription of the program, will be $1.15 billion with Alberta Energy contributing $195 million in royalty credits and industry contributing the remaining $955 million.
The IETP contributed a portion of its funding to CO2 Royalty Credit projects. The paper, Fundamental Geochemical Processes between CO2, Water and Minerals (PDF, 366 KB) was developed in order to provide knowledge around the mechanisms and fundamental processes.
Successful applicants must submit the following reports:
Five innovative energy pilot projects to launch (April 19, 2013) backgrounder (PDF, 28 KB)
Province supports six innovative energy projects (July 14, 2011) backgrounder (PDF, 43 KB)
Province supports nine innovative energy projects (May 14, 2009)
Province supports new projects to study innovative energy (November 13, 2007)
Province supports three innovative energy projects (March 20, 2007)
Projects will advance the development of province's energy resources (November 4, 2005)
Connect with the Innovative Energy Technologies Program:
Hours: 8:15 am to 4:30 pm (open Monday to Friday, closed statutory holidays)
Phone: 780-644-3150
Toll free: 310-0000 before the phone number (in Alberta)
Email: [email protected]
Cold Heavy Oil Production in Sand (CHOPS) (2002)
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