Clean Fuels Fund - Building New Domestic Production Capacity
Canada’s clean fuels industry must immediately, and significantly, increase its current capacity to play the critical role needed in our net-zero future. To do this, it will be essential to overcome the barrier of the upfront capital cost that private sector investment faces in the buildout of new clean fuels production capacity.
To that end, the Clean Fuels Fund will provide the private sector with cost-shared, conditionally repayable funding to build new, or retrofit or expand existing, clean fuel production facilities in Canada.
Support is also available for feasibility studies, basic engineering studies and detailed front-end engineering studies for new facilities, facility expansions or facility conversions.
Funding the build-out of new production capacity will:
Call for project proposals opens: June 21, 2021
Application submission deadlines: extended to October 13, 2021
Evaluation of applications: Fall 2021
Project approvals: Winter 2022
Initiate contribution agreements with successful applicants: Spring 2022
Program completion date: March 31, 2026
Email the Clean Fuels Program
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