Smart Renewables and Electrification Pathways Program

Smart Renewables and Electrification Pathways Program

Funding to reduce GHG emissions with renewables and grid modernization

At a glance

Eligible Funding
  • Max. $25,000,000
Timeline
  • Open Date : June 18, 2021
  • Closing date : November 16, 2022
Financing Type
Grant and Funding
Eligible Industries
  • All industries
Grant Providers
  • Government of Canada
  • Natural Resources Canada
Status
Closed

Overview

Get a repayable contribution of up to $25 million for a project that involves renewable energy, an emerging technology, or grid modernization, and covers up to 10%, 30% and 50% of the project costs for each of these 3 streams, respectively.

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

Documents and links

Smart Renewables and Electrification Pathways Program

Apply to this program