Waste Heat Recovery — Stream 1: Feasibility study

Waste Heat Recovery — Stream 1: Feasibility study

Financial support for thermal waste heat recovery projects in Quebec

At a glance

Eligible Funding
  • Max. $150,000
  • 75% of project cost
Timeline
  • Open Date : March 20, 2023
  • Closing date : April 26, 2026
Financing Type
Expert Advice
Grant and Funding
Eligible Industries
  • All industries
Grant Providers
  • Gouvernement du Québec
Status
Open

Overview

Get funding to cover 75% of costs up to $150,000 for a feasibility study to determine a project's technical and financial feasibility to implement an infrastructure to capture and distribute thermal waste. (Stream 2 of this program.)

Eligibility criteria

The eligibility criteria for the grant include: 1. The grant is available for projects that focus on implementing infrastructure for capturing and distributing thermal waste. 2. The funding provided is a maximum of 75% of the eligible expenses for the project or $125 per tonne x the number of tonnes of CO2 equivalent emissions reduction expected over the first 20 years, whichever is lower. 3. Eligible expenses include capital costs for equipment upgrades, installation of machinery, engineering work, administrative costs, and salaries related to the project. 4. Applicants need to submit a detailed project description, location, feasibility study, financial plan, and other specific documents. 5. Projects over $10,000,000 may receive additional payments based on project progress and expenditure verification. 6. The final report must be submitted within a month of project completion to receive the last payment of the grant.

Eligible expenses

- Capital costs for upgrading or purchasing equipment and upgrading or constructing infrastructure, including equipment required for operation - Installation costs of machinery and equipment - Costs for commissioning and calibrating machinery and equipment - Costs for site development where the project will take place - Engineering expenses for finalizing the project design - External professional fees - Administrative or management costs, up to a maximum of 15% of eligible expenses - In-house wages and benefits associated with project development and implementation

Eligible projects & activities

- Construction of heating networks to connect one or more emitters to one or more receivers - Connection to the heating network, including equipment located between the network and the delivery point

Evaluation & selection criteria

- Full evaluation criteria can be found in the detailed participant guide specific to the Valorisation des rejets thermiques program. - The submitted project will be evaluated based on various factors such as description of the project, location, feasibility study, financial structure, energy consumption reduction calculations, greenhouse gas emission reductions, risk assessment, and mitigation strategies. - The submitted documents will be reviewed for completeness, adherence to program guidelines, and alignment with the program's objectives. - Projects will be assessed for their potential impact on reducing energy consumption, greenhouse gas emissions, and their overall contribution to sustainable energy practices. - The quality, viability, and innovation of the project proposal will also be taken into consideration during the evaluation process.

How to apply

The steps to apply for the grant are as follows: 1. Prepare the required documents, including the Excel and PDF forms, project description, location details, partners, feasibility study, financial plan, cost estimates, energy consumption reductions, emissions reductions calculations, client intentions, risk study, and mitigation strategies. 2. Send the documents by email to vrt@environnement.gouv.qc.ca with the subject "Energy Recovery Grant." 3. A program officer will be assigned to your application within five business days. 4. Upon confirmation of eligibility, you will receive a written confirmation of the maximum amount of financial aid. 5. Review and sign the financial aid agreement. 6. Receive the first payment after signing the agreement and providing proof that the project has started. 7. Submit progress reports annually by March 31. 8. If the project exceeds $10,000,000, receive a second payment after a compliance review. 9. Submit a final project report within one month of completion. 10. Receive the final payment after submitting the final report and expense reimbursement request. Please note that these steps may vary depending on the nature of the project.

Additional information

- Applicants should consult the detailed participant guide for more information on documentation and the application process. - Documents required for the application include a filled Excel application form, a signed PDF application form, and various project details such as project description, location, partners, feasibility study, financial breakdown, energy consumption reduction calculations, emissions reduction calculations, letters of intent from potential clients, risk study, and mitigation strategies. - Additional documents may be requested by the Ministry depending on the project nature. - Payments are made in installments based on project progress and expenditure verification. - The program's normative framework has legal significance and supersedes other program information.

Documents and links

Waste Heat Recovery — Stream 1: Feasibility study

Apply to this program