Innovative Energy Technologies Programs
Announced in 2004, the Innovative Energy Technologies Program (IETP) supports innovation, research and technology development.
The IETP is a $200 million commitment by the Alberta government to provide royalty adjustments to pilot and demonstration projects that use innovative technologies to increase recoveries from existing reserves and encourage responsible development of oil, natural gas and in situ oil sands reserves.
The program objectives are:
|Photo: Courtesy of Imperial Oil.|
- increasing the recovery from oil and gas deposits resulting in incremental production and royalties;
- finding a flexible commercial technical solution to the gas over bitumen issue that will allow efficient and orderly production of both resources improving the recovery of bitumen resources by in situ technologies;
- improving recovery of natural gas from coal seams; and
- disseminating technology and information developed through the projects supported by this program.
Successful applicants receive a royalty adjustment of up to 30 per cent of approved project costs. Industry must provide the remaining 70 per cent or more of total project costs. It is anticipated that successful technologies supported by this program will enhance resource recovery and increase royalties to fully recover, over time, the program costs. The total industry/government commitment to important new technologies, assuming full subscription of the program, will be $1.15 billion with Alberta Energy contributing $195 million in royalty credits and industry contributing the remaining $955 million. A couple of successful projects have been featured.
The IETP has contributed to some of the largest economic and technical successes in enhanced oil recovery through its support of the first field wide polymer flood in Canada. Additionally, the IETP also funded the first Steam Assisted Gravity Drainage project in a carbonate rock formation in Alberta, with the potential to tap into an additional 300 billion barrels of bitumen.
Under the terms of the program, successful applicants must submit the following reports:
- Annual and final technical reports; and
- Annual and final intellectual property reports on any new technology developed through an IETP project.
42 projects have been approved and publicly announced and 40 projects have proceeded.
Five new projects were announced in April 2013 (backgrounder )
Six new projects were announced in July 2011 (backgrounder )
Preliminary Review of IETP Projects Using Polymers
Prepared for Alberta Energy and Alberta Innovates-Energy and Environment Solutions by Ashok Singhal, Premier Reservoir Engineering Services Ltd. (2011)
Technical Audit Gas Over Bitumen Technical solutions
Prepared by Triangle Three Engineering Ltd. to summarize finding, assess status and determine future technical needs. (2010)
Fundamental Geochemical Processes Between CO2, Water and Minerals
Prepared by Ernie Perkins, Alberta Innovates – Technology Futures (2010)
Life Cycle Assessment Comparison of North American and Imported Crudes
prepared for Alberta Innovates (formerly the Alberta Energy Research Institute)
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Innovative Energy Technologies Program