Waste Heat Recovery — Stream 2: Infrastructure implementation

This grant, part of the Waste Heat Recovery program, provides comprehensive financial support for infrastructure projects aimed at capturing and distributing thermal waste. It offers various funding mechanisms to align with the scale and impact of diverse projects.

• A maximum financial aid of 75% of eligible project expenses, or a calculated amount based on emission reductions: $125 per tonne of CO2 equivalent reduced plus $8 per reduced gigajoule of renewable energy, depending on which is lesser.
• The maximum funding available per project is capped at $40 million.
• Initial costs covered include capital costs for equipment upgrades or purchases, infrastructure construction, installation, and calibration costs, and land development expenses.
• Professional external fees and administrative or management fees, capped at 15% of eligible expenses, are covered.
• Payments are disbursed in stages: an initial payment of up to 50% upon fulfilling specific criteria, subsequent payments based on project expenditure thresholds, and final payment upon project completion and expenditure validation.

Eligibility for this grant may involve specific criteria related to the nature of the applicant and the project, although explicit eligibility details for companies are not mentioned in the provided context.

• The applicant must be capable of providing initial investments that are necessary, justifiable, and directly attributable to the project's execution.
• Expenses should align with the activities such as construction of a heat network or connection to it, indicating involvement in thermal rejection projects.
• Applicants need to prepare comprehensive project and financial documentation as part of the application process.

Who is eligible?

Eligible expenses

This grant supports the development of infrastructure projects aimed at capturing and distributing thermal emissions. The eligible activities focus on the construction and connection of thermal networks and the necessary equipment to enable these processes.

• Construction of thermal networks to connect one or more emitters to one or more receivers.
• Installation of equipment connecting the thermal network to the delivery point.

Eligible geographic areas

This grant is administered by the Government of Québec, indicating potential geographical eligibility within this province. However, specific eligible areas are not explicitly mentioned in the provided information.

There are evaluation and selection criteria for this grant. The evaluation and selection criteria include:

• Evaluation of the project's sustainability and environmental impact
• Evaluation of the project's technical feasibility
• Evaluation of the project's financial viability

Here are additional relevant details for this grant:

• The grant provides financial assistance for capturing thermal waste, which is considered a non-GHG emitting energy supply.
• The financial assistance is structured into multiple payment phases, tied to specific deliverables and financial milestones.
• Annual reporting to the Ministry is mandatory to ensure compliance and progress tracking.
• Any changes to project timeline or scope require approval from the Ministry to ensure continued funding eligibility.