Cleantech Investment Coming to Canada’s Oil& Gas Sector

The Honourable Kent Hehr, Member of Parliament for Calgary, on behalf of the Honourable Amarjeet Sohi, Canada’s Minister of Natural Resources, announced $2.1 million in funding for Linear Motion Technologies (LMT) Canada to design and test a new, cost-saving electric valve system that will reduce greenhouse gas emissions.

The new valve design could replace the thousands of existing pneumatic valves used to control oil flow rate, pressure and temperature at oil and gas sites. If successfully deployed in the industry, this technology will reduce greenhouse gas emissions by up to 3.3 million tonnes in five years. The new system could also potentially reduce installation and operating costs for the industry.

This project is funded by the Clean Growth Program, which invests in clean technology projects in Canada’s energy, mining and forest sectors with provinces and territories. The program also aims to reduce air-polluting emissions, while preserving the landscape and improving waste management practices.

The Government of Canada is committed to taking meaningful action on climate change by investing in clean technologies for the oil and gas sector that will preserve the natural environment. Natural Resources Canada also supports this project with Alberta Innovates and the Petroleum Technology Alliance Canada.

Image credit: Linear Motion Technologies 
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