Emissions Reduction Alberta (ERA)

Emissions Reduction Alberta (ERA) is an organization focused on advancing innovative technologies to lower greenhouse gas emissions. Supported by provincial funding, ERA backs projects across sectors such as energy, agriculture, and industry, aiming to help Alberta meet its environmental and economic objectives. By mitigating risks in technology development, ERA facilitates partnerships between industry, government, and academia to promote cleaner, more sustainable solutions. Since its founding, ERA has played a key role in reducing emissions while fostering economic growth and competitiveness in Alberta.

Steve MacDonald

CEO

Past deals in Alberta

E3 Lithium

Grant in 2024
E3 Lithium is a lithium resource and technology company based in Alberta, Canada, focused on developing technology for extracting lithium from Alberta brines. It is involved in the Clearwater project and exploration in the Leduc Reservoir, leveraging the mature oil and gas industry to accelerate development.

Diesel Tech Industries

Grant in 2024
Diesel Tech Industries is an oil and gas energy company located in Edmonton.

NuVista Energy

Grant in 2024
NuVista Energy Ltd. is a Calgary-based company engaged in the exploration, development, and production of condensate, oil, and natural gas reserves within the Western Canadian Sedimentary Basin. The company primarily focuses on the condensate-rich Montney formation located in the Wapiti area of the Alberta Deep Basin. Established in 2003, NuVista has transformed its operations by emphasizing the development of its valuable Wapiti Montney play, which significantly contributes to its hydrocarbon production. Condensate, which constitutes nearly half of the company's sales, plays a crucial role in the heavy oil industry by enhancing the viscosity required for pipeline transportation. To support its production capabilities, NuVista operates compressor and dehydration stations, further optimizing its service assets in the region. The company has also made strides in financial management, reducing long-term debt substantially, which allows for continued investment in its core operations and growth opportunities.

Fractal Systems

Grant in 2019
Fractal Systems Inc. is a technology company specializing in heavy oil solutions, focusing on enhancing producer margins, streamlining infrastructure, and facilitating the transportation of heavy oil and bitumen. Established in 2006 and headquartered in Sherbrooke, Canada, with additional offices in Calgary, the company develops, patents, and implements innovative technologies. One of its key offerings is JetShear, a suite of technologies designed to improve the quality of bitumen products and reduce their viscosity, thereby allowing processed fluids to flow more easily through transport pipelines. Fractal Systems aims to provide cost-effective solutions that address the challenges associated with heavy oil production and transportation.

Acceleware

Grant in 2017
Acceleware is a Calgary-based technology company serving the oil and gas industry with two main lines of business: RF heating technology for heavy oil and oil sands production, and seismic imaging software. Its RF XL is a low-cost, low-carbon thermal recovery method that uses no water or solvent, has a small footprint, and is redeployable across sites to help reduce emissions and enable cleaner production; it is being piloted with industry partners. The seismic imaging unit provides high-fidelity software for imaging complex geology, including AxFDTD, AxHeat, AxRTM, AxWAVE, and AxFWI, which model electromagnetic absorption, simulate heating, accelerate migration, and generate subsurface velocity models. The company also offers software-related consulting and training services and pursues partnerships to broaden environmental and economic benefits of its technologies. Acceleware was founded in 2004 and is headquartered in Calgary, Canada.
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