29 June 2023

On May 29, the Government of Quebec announced the creation of province’s third innovation zone: the Energy Transition Valley. With an investment exceeding $8 billion, it will span across 3 hubs: Bécancour, Trois-Rivières and Shawinigan.  

This new innovation zone follows the unveiling of the first two in 2022: DistriQ, a quantum innovation zone located in the heart of Sherbrooke, and Technum Québec, a digital technology innovation zone located in Bromont.  

Three Areas of Focus for Energy Transition 

The new innovation zone will focus its efforts around 3 objectives to drive and accelerate innovation for the energy transition: 

The battery sector: eco-design and optimization of new generation batteries, reconditioning and recycling of batteries, and recovery of critical and strategic minerals, as well as the optimization of electrochemical processes.  

Electrification of transport: development and integration of components, innovative charging and electrification systems and the development of off-road electric vehicles.  

Hydrogen and industrial and port decarbonization: Logistics and decarbonized systems of heavy industry, port operations and heavy transport, optimization of the production and use of green hydrogen in the industrial chain and port. 

Investment Exceeding $8 million 

An amount of $5 million will be allocated to the Fonds de recherche du Québec – Nature et technologies (FRQNT) to support business operating within the innovation zone. 

This funding will support the research priorities defined in the innovation zone and establish new research chairs focused on innovation as well as scholarship and research grant programs.  

$3 million will be granted to the Energy Transition Valley for the governance of the innovation zone and to support operations. 

Investments of $317,000 will be used to support the completion of four preliminary studies on innovation infrastructure implementation projects.  

Why an innovation zone? 

Through collaboration among research, innovation, industry, education, and entrepreneurship, this innovation zone aims to foster synergy among different stakeholders to facilitate knowledge transfer and technology development.  

This new innovation zone is part of an initiative to accelerate the energy transition and reduce the environmental footprint within the region’s urban, industrial, and port environments. It actively contributes to the province’s ambitions in this area.  

This initiative will significantly enhance Quebec’s international influence, attract local and foreign investment, and promote Quebec exports. It will also boost Quebec’s productivity and create high value-added businesses in a highly strategic sector.  

Fi Group 

Source: Government of Quebec.