Policies and regulations
The Government of Alberta is committed to ensuring that companies in the province stay competitive. This includes developing strategies that will enable organizations to increase their productivity through the development of new technologies and supply chain expansion initiatives.
Technology development and commercialization
Energy Innovation Strategy: The strategy was designed to respond to the future energy needs of Alberta by investing in research, technology and innovation that create commercial value and achieve the highest standards of environmental performance. The Innovative Energy Technologies Program (IETP) is the major component of this strategy.
Forty projects will receive a royalty credit of up to 30 per cent of approved project costs. Industry must provide the remainder of the total project costs. It is anticipated that successful technologies supported by this program will enhance resource recovery and increase royalties to fully recover, over time, the program costs. Early successes include the first field wide polymer flood (for enhanced oil recovery) in Canada and the first Steam Assisted Gravity Drainage (SAGD) project in a carbonate rock formation in Alberta. The SAGD project has the potential to tap into an additional 300 billion barrels of bitumen.
Carbon Capture and Storage: Alberta has committed a total of $1.3 billion over 15 years to fund two large-scale CCS projects:
These projects will reduce Alberta's GHG emissions by 2.76 million tonnes annually beginning by 2015. That's the equivalent of taking 550,000 Alberta vehicles off the road.
Alberta Innovates – Technology Futures
- Alberta Innovates – Technology Futures: This Government of Alberta organization offers support for technology commercialization by providing funding to industries and support for company development and market strategies, to enhance the management and technical capacity of Alberta high technology companies and help expand Alberta’s research community.
Alberta Energy Regulator (AER): An independent, quasi-judicial agency of the Government of Alberta dedicated to ensure the fair and responsible discovery, development, and delivery of Alberta’s energy resources.
National Resources Conservation Board: An agency of the Government of Alberta that reviews proposals that affect the province’s non-energy natural resources.
Industry Seminar in China
Learn more about the Alberta China Unconventional Energy Resources (Shale Gas) Industry Seminar.
Industry sector profile
Read a comprehensive profile on Alberta’s oil and gas technology and services industry.
Meet the experts series
Download presentations by industry experts are speaking to government on the challenges and opportunities faced by Alberta industries.
Date Updated: Mon, 08 Dec 2014 11:14:40