Carbon Capture, Utilization and Storage Innovation Challenge EOI
Environment, Energy and Natural Resources
Deadlines
Academic Unit: inquire with unit
Memorial Deadline: Monday 13th, November 2023
External Deadline: Friday 17th, November 2023
Description
RIS will be offering support with application development for this opportunity. Prospective applicants are encouraged to contact Dr. Jennifer Stevens (v5js@mun.ca) or Dr. Amanda Crompton (ajcrompt@mun.ca) early during the development process to discuss the services available to them.
The Department of Industry, Energy and Technology (IET), through its Green Transition Fund (GTF) and the Innovation and Business Investment Corporation (IBIC), is requesting proposals to accelerate the development of carbon capture, utilization and storage (CCUS) in Newfoundland and Labrador’s offshore.
Administered by IET, the objective of the CCUS Innovation Challenge (“the Challenge”) is to award up to $6 million of funding to maximize and accelerate the decarbonization of the offshore through CCUS, and to demonstrate the potential for sequestering externally sourced carbon dioxide (CO2) in Newfoundland and Labrador’s offshore. This is a cost-shared funding initiative through which IET will contribute a maximum of 50 per cent towards project costs with the remaining balance provided by proponents either through their own or other sources.
The application and evaluation process will consist of three phases:
Expression of Interest (EOI);
Request for Proposals (RFP); and
Award.
To be considered, proponents must first submit an Expression of Interest (EOI) in response to this Call for Proposals using the application form provided. The EOI submission requires proponents to provide general information such as a description of their project, the Project Team proposed to implement the project and their experience with CCUS, estimated budget and timeline, risk management approach, and expected sources of funding. At this stage, documentation to verify details of the proposal, such as confirmation of the participation of Project Team members and Contributors and confirmation of funding sources, will not be required.
Prospective proponents will have an opportunity to submit questions to IET in writing regarding the EOI phase. All questions must be submitted to CCUS@gov.nl.ca by the deadline noted in section 9 below. IET will record all questions and prepare written responses that will be made available to all prospective proponents. The identity of entities that submit questions will be kept anonymous.
A Technical Evaluation Panel (TEP) will assess and score EOI submissions for suitability and proposal quality. The TEP will be comprised of provincial and external experts.
The EOI phase is scheduled to take 6 weeks.
Proponents whose submissions are approved by the TEP will be invited to participate in the RFP phase and will be provided instructions for their participation. At the start of this phase, proponents will again have an opportunity to submit questions to IET in writing regarding the conduct of the RFP phase, and IET will similarly record all questions and prepare responses that will be made available to all RFP participants.
Deadline for submission of questions regarding EOI phase: October 25, 2023
Deadline for IET provision of responses to questions: November 3, 2023
Deadline for submission of EOI: November 17, 2023
Notification of EOI results and invitations to participate in RFP: November 27, 2023
Deadline for submission of questions regarding RFP phase: December 4, 2023
See attached Call for Proposals and application form for further information.