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Thursday, September 19, 2024

Innovation Saskatchewan Invests $1.5M in New Power Innovation Hub at PTRC


The brand new facility leverages a novel alternative throughout the province to combine subsurface power infrastructure, experience and assets right into a single lab throughout the bigger current power analysis community, facilitating a coordinated strategy to power analysis in Saskatchewan.

“The brand new Power Innovation Hub is a big achievement for our province and can additional elevate Saskatchewan’s place as a world chief in modern power analysis,” Minister Answerable for Innovation Saskatchewan Jeremy Harrison mentioned. “Our authorities is proud to help the world-renowned analysis at PTRC which is able to create new alternatives for Saskatchewan folks and proceed to drive financial development within the province.”

Business demand for brand spanking new and improved sustainable power processes and merchandise has elevated. By additional growing sustainable power analysis by means of the EIH, Saskatchewan will proceed to be the very best place in North America to check, commercialize and scale new power applied sciences and a hub for power experience.

The EIH will permit PTRC to strengthen and advance present analysis in areas like carbon seize utilization and storage (CCUS), enhanced oil restoration (EOR) and geothermal power. As well as, it can increase its analysis portfolio into rising precedence areas, together with methane discount, clear hydrogen and compressed air power storage, in addition to supply sturdy and seamless help on analysis tasks.

“PTRC’s objectives with the EIH replicate our perception that the way forward for power for the province, and for Canada, should embody a various sustainable power combine,” mentioned Ran Narayanasamy, CEO of the PTRC. “The EIH will help new and current analysis and improvement in power sources, specializing in collaboration with business and researchers.”

Establishing the EIH at Innovation Place Regina will strengthen Regina’s innovation ecosystem, significantly the connection between the College of Regina and its researchers and college students. PTRC has lengthy had a collaborative relationship with the college and the power will present superior coaching alternatives, serving to develop the subsequent era of expertise in power analysis and additional rising, attracting and retaining high expertise within the province.

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