Smart Renewables and Electrification Pathways Program
At a glance
- Max. $25,000,000
- Open Date : June 18, 2021
- Closing date : November 16, 2022
- All industries
- Government of Canada
- Natural Resources Canada
Overview
Eligibility criteria
The Smart Renewables and Electrification Pathways Program (SREPs) provides funding for renewable energy and grid modernization projects aimed at reducing emissions, increasing system reliability, creating economic and social benefits, and expanding renewable energy capacity.
- Projects must use market-ready technologies and promote workplace equity, diversity, and inclusion.
- Eligible projects include large-scale renewable energy projects, energy storage projects, and grid modernization projects.
- Priority is given to projects that decrease greenhouse gas emissions, increase system reliability, generate economic benefits, and promote equity, diversity, and inclusion.
- Indigenous ownership and benefits from projects are encouraged, and projects must align with program outcomes and priorities.
Who is eligible
Eligible companies for the Smart Renewables and Electrification Pathways Program grant include companies involved in large-scale renewable energy projects, energy storage, and grid modernization projects. Indigenous-owned projects are also encouraged.
- Companies engaged in renewable energy deployment
- Energy storage companies
- Grid modernization companies
- Indigenous-owned projects
Who is not eligible
Based on the grant context, there is no specific mention of ineligible company types for the grant.
Eligible expenses
The Smart Renewables and Electrification Pathways Program provides funding for eligible expenses related to renewable energy and grid modernization projects. Eligible expenses may include, but are not limited to:
- Onshore wind projects
- Solar photovoltaic installations
- Small hydro projects
- Biomass projects for heat and electricity generation
- Energy storage initiatives
- Grid modernization projects such as advanced distribution management systems and demand management
Evaluation & selection criteria
There are evaluation and selection criteria for this grant. The criteria include:
- Decrease greenhouse gas emissions from Canada’s electricity system
- Increase the number of electricity system assets contributing to system reliability
- Generate economic and social benefits, including job creation and equity
- Increase renewable energy capacity or grid accommodation of renewable energy
Smart Renewables and Electrification Pathways Program Grant Summary
Smart Renewables and Electrification Pathways Program Grant Overview
The Smart Renewables and Electrification Pathways Program (SREPs) provides funding for renewable energy and grid modernization projects in Canada. With a focus on reducing emissions, creating jobs, and increasing renewable energy capacity, the program supports projects that contribute to a cleaner and more sustainable electrical grid.
Eligible projects include established renewables like onshore wind and solar photovoltaic, emerging technologies such as offshore wind and energy storage, and grid modernization initiatives like Advanced Distribution Management Systems. The program prioritizes equity, diversity, and inclusion while encouraging Indigenous participation in the energy transition.
For more information on the Smart Renewables and Electrification Pathways Program, visit the official program page.