Analyzing Canada’s Ecosystem for Carbon Emissions Reduction Technologies

March 7, 2017 | State of the Market Report

In October 2016, Canadian Prime Minister Justin Trudeau made a landmark announcement requiring Canadian provinces to implement a carbon pricing scheme by 2018. In this report, we analyze Canada’s ecosystem for carbon emissions reduction technologies, identifying both well-positioned and high-potential technology developers capable of driving down the country’s emissions across seven key sectors – oil and gas, transportation, electricity, buildings, industrial, agriculture, and waste. Looking towards Canada’s 2030 emissions target, several promising technology developers present near-term solutions for incremental emissions benefits, as truly disruptive emissions reduction technologies require mid- to long-term development before widespread commercial deployment.

Coverage Areas

  • Accelerating Materials Innovation
  • Advanced Materials
  • Agro Innovation
  • Alternative Fuels
  • Bio-based Materials and Chemicals
  • Emerging Ecosystems in Agrifood and Health
  • Energy Storage
  • Exploration and Production
  • Future Grid
  • Next Generation Power
  • Owning the Energy Transition

Table of Contents

  • Executive Summary
  • Landscape
    To curb its ever-increasing emissions, Canada has implemented a nationwide carbon tax, which will generate tens of billions of dollars in revenue by 2030.
  • Analysis
    Canada’s vibrant ecosystem of technology developers presents several solutions for potential GHG emissions reduction across all seven sectors.
  • Outlook

Lead Analyst

Yuan-Sheng Yu
Senior Analyst

Contributors

Katrina Westerhof
Arij van Berkel, Ph.D.
Related companies Hydro-Québec – CETEES, Ballard Power Systems, Morgan Solar, Enerkem, BioAmber, Ensyn, Nexterra, SWITCH Materials, AlterNRG, Distech Controls, Corvus Energy, Advanced Glazings, CarbonCure Technologies, May-Ruben Technologies, CelluForce, Adoil, Synodon, Anaergia, GreenMantra, dPoint Technologies, Novagreen, Farmers Edge, Enerkem, Advanced Glazings, SWITCH Materials, Nexterra, Opus One Solutions, Questor Technology, nFluids Inc, Inventys

About Lux Research

Lux Research is a leading provider of tech-enabled research and advisory solutions, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux clients are empowered to make more informed decisions today to ensure future success.

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