Alberta Carbon Capture Incentive Program (ACCIP)
Provincial 12% grant on eligible CCUS capital costs in Alberta, stacking with federal CCUS investment tax credit.
About this program
The Alberta Carbon Capture Incentive Program (ACCIP) supports the development of new carbon capture, utilization, and storage (CCUS) infrastructure in Alberta by providing a 12% grant on eligible CCUS capital costs. ACCIP is paid in three installments over three years starting after one year of operations. The program stacks with the federal Clean Technology Investment Tax Credit (CCUS) of up to 50% on eligible CCUS investments. ACCIP is designed to make Alberta one of the most attractive jurisdictions globally for CCUS investment.
Eligibility
Corporations developing eligible CCUS projects in Alberta; eligible capital expenditures on carbon capture, transport, utilization, and storage infrastructure; project must meet program technical and operational criteria.
Requirements
- Alberta-based CCUS project
- Eligible capital investment in CCUS infrastructure
- Application through ACCIP program