AMEP is short for Alberta Methane Emissions Program and is slated to be worth some $17 million. The government of Alberta, with the Technology Innovation and Emissions Reduction (TIER), will fund the initiative. In an attempt to meet climate targets of the Canadian Federal Government by the year 2030, the provincial government announced the AMEP initiative.
The effort aims to promote government regulation updates, lower expenses for business, and assure recommendations for methane detection and control whilst which allows decreases in methane pollutants in Alberta’s energy sector. Financing for the Alberta Methane Emissions Reduction Program (AMEP) is offered by the Technology Innovation and Emissions Reduction (TIER) Fund of Alberta. The AMEP program is handled by the Delivery Agent Partnership (DAP), which had been launched by the Carbon Management Canada (CMC) and the Sundre Petroleum Operators Group (SPOG). AMEP will serve as a global showcase for environmental and economic benefits that are being generated by innovation in the private sector, research and development in academic organizations, and pro-active policy and regulation. This effort would be executed in combination with the Alberta Energy Regulator, and it will be sponsored by Alberta Environment and Parks (AEP), that’ll also be involved in its financial backing (AER). The Alberta Environment and Parks Department will give financial support to AMEP.
The reduction of methane emissions from oil and gas extraction activity in the upstream market is the primary focus of the AMEP. To assure that industry and their regulators generate the very best management solutions, a detailed understanding of all contributions within the fugitive emissions sector is essential. During the AMEP, it’s definitely a possibility that additional sources of methane are likely to be found; the information that may be uncovered will be employed by the AEP to build a improved understanding of the broader spectrum of methane contributors, not to mention the strategies available to moderate these by-products.
One company that is currently working in this space and is incredibly knowledgeable on how to receive funding from participation in the Alberta Methane Emissions Program, is Intricate Group. With their head office in Sherwood Park, Alberta and field offices throughout the Western Provinces of Canada, Intricate has become the top choice to help companies receive funding from programs like this one and others as well like BROA and even Carbon Credits.