September 28, 2023 Ottawa, Ontario Natural Resources Canada
As Canada advances to a sustainable and prosperous net-zero future by 2050, the federal government is supporting tools for science-based decision-making. Investing in the battery industry helps map out the pathways to achieve net-zero, including the potential roles for existing and emerging energy technologies.
Yesterday, Julie Dabrusin, Parliamentary Secretary to the Minister of Environment and Climate Change and Parliamentary Secretary to the Minister of Energy and Natural Resources, on behalf of the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, announced a $500,000 federal investment in Accelerate Alliance. This funding supports Accelerate Alliance in building a battery innovation roadmap that charts Canada's capacity to develop, commercialize and scale up a sustainable domestic battery innovation ecosystem for both mobile and stationary applications.
This project, funded through Natural Resources Canada's Energy Innovation Program, will also enable Canada's battery innovators, including stakeholders across industry, academia and government, to advance their priorities for a sustainable battery ecosystem while cementing Canadian battery innovation leadership in the global marketplace.
This investment builds on last week's visitfrom Japanese Minister of Economy, Trade and Industry (METI), Yasutoshi Nishimura, who signed a Memorandum of Cooperation (MoC) with Canada on battery supply chains. This MoC will enable both countries to leverage and promote investment attraction and enhance collaboration between the Canadian and Japanese private sectors related to investment opportunities in Canada's electric vehicle, battery and critical mineral supply chains.
The Government of Canada will continue to support innovative projects and technologies that support a healthy economy on our way to achieving a net-zero electricity grid by 2035.
