Oil & Gas Product News Logo

$5 million to drive second phase of challenge creating carbon fibre from bitumen

Alberta Innovates logo

Alberta Innovates and the Clean Resource Innovation Network (CRIN) are announcing the completion of Phase I of the Carbon Fibre Grand Challenge and the launch of Phase II. Nineteen teams from across Canada, the United States and Australia participated in Phase I of the competition where several demonstrated they could produce strands of carbon fibre from Alberta bitumen.

In Phase II of the Carbon Fibre Grand Challenge, teams will focus on producing larger volumes of carbon fibre with higher performance properties. Teams will also focus on progressing the technology and the pathway to manage sulfur and metal content in asphaltenes. The Carbon Fibre Grand Challenge is a three-phase competition that accelerates the development, and large-scale production, of carbon fibre derived from Alberta's vast supply of bitumen.

"Carbon Fibre is a real and practical alternative to traditional uses for Alberta's vast bitumen reserves. The value locked in Alberta's resources is tremendous. The work we do today, and the discoveries that we are making, will provide benefits for Albertans for decades to come," said Laura Kilcrease, Alberta Innovates CEO.

"Alberta is on the cutting edge of innovation in energy and developing new technology. Finding new ways to make carbon fibre from Alberta's bitumen diversifies our oil and gas sector, creates jobs, opens new markets and grows the economy," noted Doug Schweitzer, Alberta minister of jobs, economy and innovation.

Phase II of the Carbon Fibre Grand Challenge is a $5 million competition supported by a $3 million investment from CRIN through ecosystem development funds provided by the Government of Canada's Strategic Innovation Fund (SIF), and $2 million from Alberta Innovates. The competition is open to technology developers, industry (including small, medium and large size enterprises), industry associations, research and development (R&D) organizations, post-secondary institutions, not-for-profit organizations, and government research labs. Research teams can submit applications for Phase II on the Alberta Innovates website.

Phase II information webinar will be hosted on March 23, 2021 to inform potential applicants of all the program details. As well, full Phase II program details can be found on the Carbon Fibre Grand Challenge website.

"In 2015, six oil sands companies helped launch the NRG COSIA Carbon XPRIZE, a cross-border initiative to energize the global race to unlock valuable uses for CO2 with the XPRIZE Foundation. In 2021, Canada is again blazing a trail the world will follow, by focusing innovators on transforming hydrocarbons into a gigatonne-scale decarbonization solution," commented Jason Switzer, board director, Clean Resource Innovation Network and Executive Director, ACTia.

Company info

1500, 10104 – 103 Avenue
Edmonton, AB
CA, T5J 0H8


Phone number:

Read more

Related Articles