Foresight, COSIA and Alberta Innovates Award Funding to Advance Canadian GHG Emissions Reduction Technologies

Foresight, COSIA and Alberta Innovates Award Funding to Advance Canadian GHG Emissions Reduction Technologies

Foresight, COSIA and Alberta Innovates Award Funding to Advance Canadian
GHG Emissions Reduction Technologies

Challenge Winners Will Develop Solutions for Hot Water Production in Oil Sands Mining
Facilities

Alberta, CANADA – October 10, 2017 Foresight Cleantech Accelerator Centre, Canada’s Oil Sands Innovation Alliance (COSIA) and Alberta Innovates today announced that Western Canada-based (Alberta and BC) Inproheat and Ontario-based Combustion & Energy Systems have been selected to advance their promising technology solutions for reducing greenhouse gas (GHG) emissions and increasing energy efficiency during mining and extraction processes in Canada’s oil sands.

The two companies were selected from a global pool of innovators competing in the Mining Hot Water Production Challenge and will participate in the next phase of the program: a six-month “sprint” to ready their technologies for field demonstration with COSIA members. The sprint will include water chemistry testing and a comparative analysis of GHG avoidance costs as well as water heating performance. This industry-driven partnership was made possible through the ARCTIC Challenge program and the Alberta Small Business Innovation and Research Initiative (ASBIRI) platform.

“Canada punches above its weight when it comes to cleantech innovation, and these two sprint winners are an exciting reflection of our potential in the sector,” said Neil Huff, Managing Director of Foresight. “Our goal is to help them get to the point where they can not only help solve a pressing industry problem in Canada, but tap in to the $1 trillion global market for clean technologies.”

“At COSIA we are constantly uncovering ways to mobilize the world’s best minds towards solving our challenges and improving environmental performance,” said Dr. Dan Wicklum, COSIA chief executive. “The ARCTIC and ASBIRI programs are fantastic platforms for connecting with solution providers. We’ve discovered two more promising technologies for helping us to reduce emissions, and at the same time we’re helping to advance Canada’s clean resource innovation.”

“Alberta is showing the world its leadership in addressing the environmental performance of our oil sands sectors,” said Laura Kilcrease, CEO of Alberta Innovates. “Our goal is to ensure our province will compete globally with made-in-Alberta solutions.”

Following the current sprint phase of the Mining Hot Water Challenge process, one solution will be selected for additional funding for field testing. Full details are available online at:
http://arctic.foresightcac.com/arctic-challenges/sprint-3-mining-hot-water-production-cosia/.

This Challenge represents extensive regional and sectoral collaboration. The challenge is sponsored by the federal and Alberta governments, in partnership with COSIA, and the Saskatchewan Research Council (SRC) will also be involved in testing one of the technologies. Consulting partners Tessellate Inc. and The Delphi Group are providing advisory services. The ARCTIC program is funded with support from Western Economic Diversification (WD), BC Innovation Council (BCIC). The ASBIRI program is funded by the Ministry of Economic Development and Trade in the Government of Alberta.

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About FORESIGHT CLEAN TECHNOLOGY ACCELERATOR CENTRE Foresight is a BC-based not-for-profit that provides early-stage innovators in cleantech, automation and advanced manufacturing with the resources, expertise, and partners they need to accelerate their growth and eventually commercialize their products. Foresight startups have gone on to create millions of dollars in investment and 100+ jobs in Canada. ARCTIC is Foresight’s flagship program and brings together industry, entrepreneurs, and the public sector to find and fund cleantech solutions for resource sector challenges in western Canada. Find out more at www.foresightcac.com and follow on Twitter @ForesightCAC.

About COSIA Canada’s Oil Sands Innovation Alliance (COSIA) is a unique alliance of oil sands producers focused on accelerating environmental performance in Canada’s oil sands. COSIA enables collaboration and innovation between thinkers from industry, government, academia and the wider public to improve measurement, accountability and performance in the oil sands across our environmental priority areas of greenhouse gases, land, water and tailings. COSIA members search the world for solutions to our toughest problems. And COSIA has some of the best minds on the planet working on technologies to enable responsible and sustainable development. To date, COSIA has shared 936 distinct environmental technologies and innovations that cost over $1.33 billion to develop. For more information, visit: www.cosia.ca and follow us on twitter @COSIA_ca.

About ALBERTA INNOVATES Alberta Innovates is a provincially-funded Corporation with a mandate to deliver 21st century solutions for the most compelling challenges facing Albertans. We do this by building on our province’s research and technology development strengths in the core sectors of health, environment, energy, food and fibre and platforms such as artificial intelligence, nanotechnology, and omics. We are working with our partners to diversify Alberta’s economy, improve our environmental performance and enhance our well-being through research and innovation. Find out more: http://albertainnovates.ca

Contact Information:
FORESIGHT media contact: Alex Carr Tel: 1.778.384.8711 alex@acarrconsulting.com

For more information on COSIA, contact: Eileen Kahler Eileen.Kahler@cosia.ca
For more information on Alberta Innovates, contact: Raja Mita  raja.mita@albertainnovates.ca
For more information on the ARCTIC program, contact: Neil Huff nhuff@foresightcac.com