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ENERGY: Province to invest $17 million help build bioenergy industry
        (AlbertaIndex, April 11, Friday) --- The government of Alberta has given out more than $17 million in grants to support bioenergy projects located throughout the province.  Fifteen companies will receive the grants—ranging from $18,500 to $5 million—to help fund new facilities and research to strengthen the bioenergy industry.
        Alberta’s Bioenergy Plan helps support the integration of biofuels, biodiesel and biomass generated power with traditional energy sources.

Announced in 2006, the plan commits $239 million over five years to help build a viable market for bioenergy in the province and encourage further private investment.

“Bioenergy is a growing part of our energy portfolio.  The development of the renewable energy marketplace in Alberta moves us toward a more environmentally sustainable energy industry,” said Mel Knight, Minister of Energy.

“Alberta’s bioenergy plan has been a remarkable success.  The economic activity that the grant programs and the Renewable Energy Producer Credit have helped stimulate is extensive. Approximately $750 million in new, private investment has been earmarked on the strength of the province’s commitment to renewable energy.”

In total, 61 grants have been issued under the Biorefining Commercialization and Market Development Program and the Bioenergy Infrastructure Development Program to date.

Grant recipients have used the funding to help develop production facilities throughout the province as well as to conduct studies to assess market sustainability or test new bioenergy technology.

Applications for bioenergy grant funding are still being accepted.  Applications and guidelines are available on the Alberta Energy web site at www.energy.gov.ab.ca.

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