Grants and Contributions:
Title:
AI Assisted Prediction and Optimization of Renewable Grid Assets at Summerside Electric
Agreement Number:
912812
Agreement Value:
$50,000.00
Agreement Date:
Sep 4, 2018 - Dec 14, 2018
Description:
This pilot project addresses the challenges and opportunities for the City of Summerside renewable smart grid and power exchange with the New Brunswick (NB) grid to reduce energy costs by using more renewables and less grid and diesel generated power. The overall objective of this project is to estimate how and to what extent this cost can be reduced with Artificial Intelligence (AI) assistance. This project will build AI models in BluWave-ai’s distributed AI platform. These models will be trained with Summerside smart grid data and use a simulation model to show the projected improvements in operational efficiency, increasing the use of renewable energy and storage, reducing the consumption of diesel generation and grid power.
Organization:
National Research Council Canada
Expected Results:
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Location:
Ottawa, Ontario, CA K2L 1T9
Reference Number:
172-2018-2019-Q2-912812
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
787056084
Recipient Type:
For-profit organization
Recipient's Legal Name:
BluWave Inc
Federal Riding Name:
Kanata--Carleton
Federal Riding Number:
35041
Program:
Industrial Research Assistance Program – Contributions to Firms
Program Purpose:
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Coverage:
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.
NAICS Code:
511211