DER - Storage

Canada invests $500,000 in battery innovation roadmap

Canada invests $500,000 in battery innovation roadmap
Vistra's Moss Landing battery storage site (Source: Vistra Energy).

As Canada moves toward its goal of a net-zero future by 2050, its federal government is supporting tools for science-based decision-making by investing in potential roles for the battery industry’s existing and emerging energy technologies.

Canada’s federal government announced a $500,000 federal investment in Accelerate Alliance, a Zero Emission Vehicle alliance. This funding is meant to support Accelerate Alliance in building a battery innovation roadmap that charts Canada’s capacity to develop, commercialize, and scale up a sustainable domestic battery innovation ecosystem for both mobile and stationary applications.

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This project, funded through Natural Resources Canada’s Energy Innovation Program, is also meant to enable Canada’s battery innovators, including stakeholders across industry, academia, and government, to advance their priorities for a sustainable battery ecosystem.

This investment builds on last week’s visit from Japanese Minister of Economy, Trade and Industry (METI), Yasutoshi Nishimura, who signed a Memorandum of Cooperation (MoC) with Canada on battery supply chains. This MoC will enable both countries to leverage and promote investment attraction and enhance collaboration between the Canadian and Japanese private sectors related to investment opportunities in Canada’s electric vehicle, battery, and critical mineral supply chains.