Supplied by Taproot Publishing

Edmonton is ready for energy transition opportunity

Oil-rich Alberta is poised to benefit from the global energy transition, according to the Alberta Energy Transition Study commissioned by Calgary Economic Development and Edmonton Global. The report suggests that moving towards cleantech could create 170,000 jobs and contribute $61 billion to the province by 2050.

Alternatively, if Alberta takes no action, it will only see 20,000 jobs and $4 billion from cleantech in that period. The province can leverage its infrastructure and workforce to capitalize on green tech such as carbon capture and storage and hydrogen production. To reach the higher benefit, more than $2.1 billion will need to be invested into the field each year until 2030. Currently, this sum is sitting at less than $1 billion.

Of the 945 cleantech companies in Alberta identified by the report, 429 are located in the Edmonton region.

“This report is more evidence that the Edmonton Metropolitan Region has what it takes to radically transform and grow our economy,” said Malcolm Bruce, CEO of Edmonton Global. “We are actively seeking to attract forward-looking companies who share in our vision of investing in innovation and technology that helps the world get to a net-zero future.”

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Funding & Support for Entrepreneurship


Technology


CleanTech & Climate Emergency

  • Aurora Hydrogen, co-founded by University of Alberta associate professor Erin Bobicki, is working to create hydrogen from natural gas without producing carbon dioxide as a byproduct. The company was recently accepted into the Energy Stream of the Creative Destruction Lab program at the University of Calgary.
  • Sturgeon County has approved the new Villeneuve Airport Area Master Plan which envisions an ecoPark housing a research centre and testing grounds for hydrogen technology. The 20-year plan also incorporates buildings with green roofs, electric car charging portals, and low-energy lighting.

Digital Inclusion & Education

  • Concordia University of Edmonton has been awarded $203,000 in federal funding through the Accessible Technology Program to develop a machine learning-based chatbot that can evaluate and respond to the digital information needs of users with disabilities.

Food Security & AgTech


Public Health


Arts & Culture


Bits & Pieces

  • John Walmsley has joined G2V Optics Inc. as its new vice-president of product development. “Our team is thrilled to have you join us to build out the next phase of our smart lighting to enable the most important solar renewable, aerospace, and food production developments of our generation,” wrote CEO Ryan Tucker on LinkedIn.
  • dealcloser, which provides a platform that helps professionals through the legal transaction process involved in deals, is setting up shop in Edmonton’s historic Mercer Building.
  • Edmonton could be a transportation hub for North America, thanks to its proximity and connectivity to Prince Rupert and Vancouver, two port cities. Malcolm Bruce, the CEO of Edmonton Global, told CTV that Prince Rupert previously moved natural resources like oil and wood, but consumer goods could reach it via Edmonton.
  • Amazon, Enbridge, and The Brick are among 13 companies hiring for hundreds of Edmonton positions.
  • The provincial government has announced it will open new offices in Chicago, Denver, and Seattle to “promote Alberta’s economic, policy and trade interests in the U.S. and Mexico, further supporting economic integration in North America.”

Mentions

  • Innovate Edmonton celebrated its first year on Dec. 1 with the release of its 2021 report, recapping successes and forecasting where it’s headed in the years to come.
  • Improbable, led by Innovate Edmonton board member Aaryn Flynn, announced a new RPG at the Game Awards, Flynn’s first release since leaving local game studio BioWare in 2018.
  • Innovation Growth Council member Jacquelyn Cardinal — also co-founder of Naheyawin — and her brother are putting on a play. As Postmedia reported, Lake of the Strangers will debut at the Westbury Theatre on Dec. 11.
  • Scaleup Edmonton is recruiting for a project coordinator. Apply by Dec. 14.

The Blast is curated by Taproot Publishing and published by Innovate Edmonton.