InnoTech Alberta celebrates with XPRIZE

InnoTech Alberta celebrates with XPRIZE
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CALGARY – InnoTech Alberta, a subsidiary of Alberta Innovates, congratulates CarbonCure on winning the NRG COSIA Carbon XPRIZE competition. CarbonCure successfully demonstrated they could remove carbon dioxide (CO2) emitted by the Shepard Energy Centre and use it to create concrete. InnoTech Alberta hosted the NRG COSIA Carbon XPRIZE at the Alberta Carbon Conversion Technology Centre (ACCTC), adjacent to the Shepard Energy Centre, on the eastern edge of Calgary’s city limits.

The ACCTC’s legacy will continue beyond the completion of the NRG COSIA Carbon XPRIZE. New and continuing clients will use the platform to develop, validate and pilot technologies that target carbon capture and utilization. The NRG COSIA Carbon XPRIZE competition demonstrates the positive impact of this unique facility and carbon utilization technologies.

The Centre will continue to contribute to economic growth in Alberta as it attracts entrepreneurs and industry conducting research and development leading to commercially viable projects and attracting new business from Alberta and beyond.

“We celebrate with InnoTech Alberta and the partnerships and research to support our own carbon capture and utilization and storage strategy. We look forward to the ongoing economic benefits and emissions reduction that flow from these companies.” – Hon. Doug Schweitzer, Minister of Jobs, Economy, and Innovation

“Our subsidiary, Innotech Alberta, has industry knowledge and expertise to support these projects and host the COSIA NRG Carbon XPRIZE contestants at the Alberta Carbon Conversion Technology Centre. These companies are modern alchemists who are converting carbon emissions from liability into valued products instead. Congratulations to the winners and all the teams. They are pioneers in the carbon-tech sector and leading the way to greater opportunities as we move to a net-zero world.” – Laura Kilcrease, CEO, Alberta Innovates

The NRG COSIA Carbon XPRIZE inspires development of new carbon dioxide (CO2) conversion technologies to help solve climate change. The US$20 million XPRIZE is a global competition to develop breakthrough technologies that will convert CO2 emissions from power plants and industrial facilities into valuable products like building materials, alternative fuels and other items we use every day. The competition is run by the XPRIZE Foundation, in partnership with NRG and Canada’s Oil Sands Innovation Alliance (COSIA).

The winning teams successfully demonstrated how they could convert the most CO2 into products with the highest value, while minimizing their overall CO2 footprint, land use, water use, and energy use.

We seek Safe Harbor.

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