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
- $24.2M
- TOTAL PROJECT FUNDING
- $6.7M
- INVESTMENT BY CICE
- 264,937
- T/Yr POTENTIAL GHG ABATEMENT
(As of July 16, 2024)