
LOW CARBON BIO + SYNTHETIC FUELS
Developing and scaling low carbon fuels to achieve net-zero targets


CICE funding for low carbon bio and synthetic fuels
Solid biofuels, such as wood pellets, have been an integral part of the B.C. bioenergy sector for more than 50 years. They have helped produce heat, electrical power, and drive exports. Additionally, low carbon liquid fuels present a significant opportunity to reduce emissions, especially in the transportation sector. Low carbon gases are also crucial for displacing natural gas in the industrial and utility sectors, among others.
CICE funds multiple pathways to low carbon fuels, including:
- Wildfire mitigation and forestry residue management
- Diversification of B.C.-based feedstocks
- Development and scaling of novel conversion technologies
- Production and utilization of syngas and synthetic fuels produced using biomass, renewable power, direct air capture or stranded biogenic emissions
- Commercialization of bio-based carbon (char, biochar, biocoal and activated carbon)
- Measurement, monitoring, reporting and verification of carbon intensity
- Decarbonization and fuel displacement of remote and Indigenous communities
- $25.4M
- TOTAL PROJECT FUNDING
- $7M
- INVESTMENT BY CICE
- 280,519
- T/Yr POTENTIAL GHG ABATEMENT
(As of November 29, 2024)
Investing in low carbon bio and synthetic fuels
CICE invests in promising B.C. clean energy companies that show great potential to scale globally. If your technology is ready to expedite the commercial scaling of your low carbon fuel solution, we would love to connect and explore potential funding opportunities. Learn more about our calls for innovation.
CICE funded low carbon bio + synthetic fuel projects
Essential background reads
Intelligence related to regulations, studies, reports, and other resources are informing CICE’s understanding of bioenergy, biofuels, synthetic fuels and renewable natural gas. Here are some links to influential research that has helped shape CICE’s funding focus.
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“CICE has been great to work with and their team showed commitment, flexibility, and sufficient expertise to understand the value of our technical problem in sourcing additional tall oil as biofuel feedstock. Because of the technical risk of the project, it would have been hard to fund this initiative without CICE’s support.”
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