Amount: up to 30% of total project costs up to a maximum of $50M.
To increase the current capacity of Canada’s clean fuels industry and fulfill its critical role in achieving our net-zero future, the Clean Fuels Fund provides investors with cost-shared, conditionally repayable funding. This financial support aims to help build new clean fuel production facilities or retrofit or expand existing ones in Canada.
Additionally, the fund provides non-repayable funding for feasibility studies, basic engineering studies, and detailed front-end engineering studies for new facilities, expansions or conversions of existing facilities. These measures will help accelerate the growth and development of the domestic clean fuels industry.
Eligibility requirements
To be considered for funding under the Program, applicants must be a legal entity validly incorporated or registered in Canada including not-for-profit and for-profit organizations, such as but not limited to:
- electricity or gas utilities
- private sector companies
- Indigenous organizations and Indigenous communities
Only one organization can be designated as the recipient of CFF funding. For joint ventures, consortiums, or the like, the applicant organization will become the legal signatory to the funding agreement and will be responsible for managing the project and reporting on results.
Eligible activity
Eligible activities under the Program include:
- Capital Projects – includes the expansion or conversion of existing clean fuel facilities, and buildout of new facilities in Canada
- Production Facility Feasibility Assessments (Studies) – which include feasibility studies and front-end engineering design (FEED) studies related to the buildout or expansion of clean fuel facilities in Canada.
Projects that do not directly result in new clean fuel production capacity are not supported. For example, fuel storage, distribution pipelines, or systems that facilitate the integration of clean fuels into end-use applications are not within the scope of the program.
The program does not consider the end use of the produced fuels.
Funding
- For capital projects the Program will provide up to 30% of total project costs up to a maximum of $50M
- For studies the Program will provide up to 75% of total project costs up to a maximum of $5M.
Timeline
The Program will accept applications on a continuous intake basis until March 31, 2030, or until all funds are allocated, whichever comes first.